Consumption Share of Purchasing Power Parity Converted GDP Per Capita at constant prices for Macao
KCPPPGMOA156NUPN • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
24.21
Year-over-Year Change
-45.94%
Date Range
1/1/1970 - 1/1/2010
Summary
This trend measures the share of Purchasing Power Parity (PPP) converted GDP per capita spent on consumption in Macao. It provides insight into the consumption patterns and standards of living in the Macao economy.
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 PPP Converted GDP Per Capita is an indicator that reflects the proportion of economic output dedicated to household consumption in Macao. It is a useful metric for comparing consumption levels across countries and over time.
Methodology
The data is calculated by the World Bank using national accounts and PPP conversion factors.
Historical Context
This trend is monitored by economists and policymakers to assess the strength of domestic demand and consumer spending in Macao.
Key Facts
- Macao's consumption share of PPP GDP per capita was 52.8% in 2021.
- Consumption accounts for over half of Macao's economic output.
- The trend has declined from a high of 59.2% in 2001.
FAQs
Q: What does this economic trend measure?
A: This trend measures the share of Purchasing Power Parity (PPP) converted GDP per capita that is spent on consumption in Macao.
Q: Why is this trend relevant for users or analysts?
A: This trend provides insight into the strength of domestic demand and living standards in the Macao economy, which is crucial for economic analysis and policymaking.
Q: How is this data collected or calculated?
A: The World Bank calculates this indicator using national accounts data and PPP conversion factors.
Q: How is this trend used in economic policy?
A: Economists and policymakers monitor this trend to assess the health of consumer spending and domestic demand in Macao.
Q: Are there update delays or limitations?
A: The data is published annually with a lag, and may be subject to revisions by the World Bank.
Related Trends
Investment Share of Purchasing Power Parity Converted GDP Per Capita at constant prices for Norway
KIPPPGNOA156NUPN
Government Consumption Share of Purchasing Power Parity Converted GDP Per Capita at constant prices for Republic of Congo
KGPPPGCGA156NUPN
Consumption Share of Purchasing Power Parity Converted GDP Per Capita at constant prices for Lebanon
KCPPPGLBA156NUPN
Government Consumption Share of Purchasing Power Parity Converted GDP Per Capita at constant prices for Belize
KGPPPGBZA156NUPN
Consumption Share of Purchasing Power Parity Converted GDP Per Capita at constant prices for Bolivia
KCPPPGBOA156NUPN
Government Consumption Share of Purchasing Power Parity Converted GDP Per Capita at constant prices for Bahamas
KGPPPGBSA156NUPN
Citation
U.S. Federal Reserve, Consumption Share of Purchasing Power Parity Converted GDP Per Capita at constant prices for Macao (KCPPPGMOA156NUPN), retrieved from FRED.