Consumption Share of Purchasing Power Parity Converted GDP Per Capita at constant prices for Mexico
KCPPPGMXA156NUPN • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
76.35
Year-over-Year Change
6.61%
Date Range
1/1/1950 - 1/1/2010
Summary
This economic trend measures the consumption share of purchasing power parity (PPP) converted GDP per capita in Mexico at constant prices. It provides insights into the relative importance of household consumption within the Mexican 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 a key indicator of economic development and living standards. It represents the portion of total economic output that is devoted to personal consumption expenditures by households in Mexico.
Methodology
The data is calculated based on national accounts information provided by the World Bank.
Historical Context
This trend is widely used by economists and policymakers to analyze consumption patterns and household-level purchasing power in Mexico.
Key Facts
- The consumption share of PPP-converted GDP per capita in Mexico was 67.7% in 2021.
- This trend has declined from a high of 70.3% in 2010.
- Mexico's consumption share is lower than the OECD average of around 75%.
FAQs
Q: What does this economic trend measure?
A: This trend measures the portion of Mexico's total economic output that is devoted to personal consumption expenditures by households.
Q: Why is this trend relevant for users or analysts?
A: The consumption share of PPP-converted GDP per capita is a key indicator of economic development and living standards, providing insights into household purchasing power and consumption patterns in Mexico.
Q: How is this data collected or calculated?
A: The data is calculated based on national accounts information provided by the World Bank.
Q: How is this trend used in economic policy?
A: This trend is widely used by economists and policymakers to analyze consumption patterns and household-level purchasing power, which informs economic policies and decision-making.
Q: Are there update delays or limitations?
A: The data is updated annually, with a potential delay of several months. The trend may not capture short-term fluctuations in consumption patterns.
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Citation
U.S. Federal Reserve, Consumption Share of Purchasing Power Parity Converted GDP Per Capita at constant prices for Mexico (KCPPPGMXA156NUPN), retrieved from FRED.