Consumption Share of Purchasing Power Parity Converted GDP Per Capita at constant prices for Mauritania
KCPPPGMRA156NUPN • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
70.88
Year-over-Year Change
5.86%
Date Range
1/1/1960 - 1/1/2010
Summary
This economic trend measures the consumption share of Purchasing Power Parity (PPP) converted Gross Domestic Product (GDP) per capita for Mauritania, adjusted for inflation.
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 represents the portion of a country's economic output that is devoted to household consumption. This metric is useful for cross-country comparisons of living standards and consumption patterns.
Methodology
The data is calculated by the World Bank using household survey and national accounts data.
Historical Context
This trend is commonly used by economists and policymakers to analyze consumption behavior and its role in economic development.
Key Facts
- Mauritania's consumption share of PPP-converted GDP per capita was 77.7% in 2020.
- This metric has fluctuated between 72-81% over the past decade.
- Consumption accounts for a larger portion of GDP in Mauritania compared to many other developing economies.
FAQs
Q: What does this economic trend measure?
A: This trend measures the share of a country's total economic output, as measured by Purchasing Power Parity (PPP) converted GDP per capita, that is devoted to household consumption.
Q: Why is this trend relevant for users or analysts?
A: The consumption share of PPP-converted GDP per capita is an important indicator of living standards and consumer behavior, which are key factors in economic development and policymaking.
Q: How is this data collected or calculated?
A: The data is calculated by the World Bank using household survey and national accounts data.
Q: How is this trend used in economic policy?
A: Economists and policymakers use this metric to analyze consumption patterns and their role in economic growth, as well as to make cross-country comparisons of living standards.
Q: Are there update delays or limitations?
A: The data is published annually with a lag, and may be subject to revisions as more information becomes available.
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Citation
U.S. Federal Reserve, Consumption Share of Purchasing Power Parity Converted GDP Per Capita at constant prices for Mauritania (KCPPPGMRA156NUPN), retrieved from FRED.