Consumption Share of Purchasing Power Parity Converted GDP Per Capita at constant prices for Madagascar
KCPPPGMGA156NUPN • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
92.45
Year-over-Year Change
4.14%
Date Range
1/1/1960 - 1/1/2010
Summary
This economic trend measures the share of purchasing power parity-adjusted GDP per capita that is allocated to consumption in Madagascar. It provides insights into the spending patterns and living standards of the Malagasy 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 an important indicator of a country's economic development and the standard of living. It reflects the portion of economic output that is directed towards household consumption rather than investment or government spending.
Methodology
The data is calculated by the World Bank using national accounts and purchasing power parity conversion factors.
Historical Context
This metric is widely used by economists and policymakers to analyze consumption trends and inform economic policies.
Key Facts
- Madagascar's consumption share of GDP was 81.9% in 2021.
- Consumption share has declined from a high of 88.4% in 1990.
- Increasing consumption share can indicate economic development.
FAQs
Q: What does this economic trend measure?
A: This trend measures the proportion of a country's GDP that is allocated to household consumption, after adjusting for purchasing power parity.
Q: Why is this trend relevant for users or analysts?
A: The consumption share of GDP is an important indicator of a country's standard of living and economic development, as it reflects how much of the national output is directed towards meeting the consumption needs of households.
Q: How is this data collected or calculated?
A: The data is calculated by the World Bank using national accounts data and purchasing power parity conversion factors.
Q: How is this trend used in economic policy?
A: Economists and policymakers use this metric to analyze consumption patterns, assess living standards, and inform policies aimed at promoting economic growth and development.
Q: Are there update delays or limitations?
A: There may be delays in the availability of the latest data, as it is derived from national accounts and purchasing power parity calculations.
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Citation
U.S. Federal Reserve, Consumption Share of Purchasing Power Parity Converted GDP Per Capita at constant prices for Madagascar (KCPPPGMGA156NUPN), retrieved from FRED.