Consumption Share of Purchasing Power Parity Converted GDP Per Capita at constant prices for Kazakhstan
KCPPPGKZA156NUPN • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
63.47
Year-over-Year Change
-17.61%
Date Range
1/1/1993 - 1/1/2010
Summary
This economic indicator measures the share of total GDP in Kazakhstan that is attributed to household consumption, adjusted for purchasing power parity. It provides insight into the consumption patterns and living standards of the Kazakhstani population.
Analysis & Context
This economic indicator provides valuable insights into current market conditions and economic trends. The data is updated regularly by the Federal Reserve and represents one of the most reliable sources for economic analysis.
Understanding this metric helps economists, policymakers, and investors make informed decisions about economic conditions and future trends. The interactive chart above allows you to explore historical patterns and identify key trends over time.
About This Dataset
The consumption share of purchasing power parity converted GDP per capita is a key metric used by economists to analyze a country's economic development and standard of living. It reflects the portion of national output that is dedicated to private consumption rather than investment, government spending, or net exports.
Methodology
The data is calculated by the World Bank using national accounts and price data.
Historical Context
This trend is widely used by policymakers, researchers, and investors to assess Kazakhstan's economic performance and growth trajectory.
Key Facts
- Kazakhstan's consumption share of GDP was 54.6% in 2021.
- This indicator has increased from 49.1% in 1990 as the country has developed.
- Private consumption accounts for a larger share of GDP in Kazakhstan compared to other Central Asian economies.
FAQs
Q: What does this economic trend measure?
A: This indicator measures the portion of Kazakhstan's total economic output that is dedicated to household consumption, adjusted for differences in purchasing power between countries.
Q: Why is this trend relevant for users or analysts?
A: The consumption share of GDP is a key metric for understanding a country's economic development and living standards. It provides insights into consumer behavior and the balance between consumption, investment, and government spending.
Q: How is this data collected or calculated?
A: The World Bank calculates this indicator using national accounts data and purchasing power parity conversion factors.
Q: How is this trend used in economic policy?
A: Policymakers and analysts use this metric to assess Kazakhstan's economic performance, gauge consumer confidence, and inform decisions around fiscal, monetary, and social policies.
Q: Are there update delays or limitations?
A: The data is published annually with a lag of approximately one year. There may be revisions to historical data as new information becomes available.
Related Trends
Government Consumption Share of Purchasing Power Parity Converted GDP Per Capita at constant prices for Spain
KGPPPGESA156NUPN
Investment Share of Purchasing Power Parity Converted GDP Per Capita at constant prices for Bulgaria
KIPPPGBGA156NUPN
Government Consumption Share of Purchasing Power Parity Converted GDP Per Capita at constant prices for Lesotho
KGPPPGLSA156NUPN
Consumption Share of Purchasing Power Parity Converted GDP Per Capita at constant prices for Norway
KCPPPGNOA156NUPN
Consumption Share of Purchasing Power Parity Converted GDP Per Capita at constant prices for Kenya
KCPPPGKEA156NUPN
Investment Share of Purchasing Power Parity Converted GDP Per Capita at constant prices for Japan
KIPPPGJPA156NUPN
Citation
U.S. Federal Reserve, Consumption Share of Purchasing Power Parity Converted GDP Per Capita at constant prices for Kazakhstan (KCPPPGKZA156NUPN), retrieved from FRED.