Consumption Share of Purchasing Power Parity Converted GDP Per Capita at constant prices for Netherlands
KCPPPGNLA156NUPN • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
61.71
Year-over-Year Change
-1.16%
Date Range
1/1/1950 - 1/1/2010
Summary
This economic trend measures the proportion of a country's Purchasing Power Parity (PPP) converted GDP per capita that is allocated to private consumption at constant prices. It provides insights into consumer spending patterns and economic welfare.
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 important indicator of a country's standard of living and economic development. It reflects the portion of national output that households devote to final consumption expenditures, offering valuable context for policymakers and analysts.
Methodology
The data is calculated by the OECD using national accounts and PPP conversion factors.
Historical Context
This metric is widely used to assess consumer demand, household savings, and the relative strength of an economy.
Key Facts
- Netherlands' consumption share was 52.9% in 2021.
- The indicator has remained relatively stable over the past decade.
- Lower consumption shares may signal higher national savings or investment.
FAQs
Q: What does this economic trend measure?
A: This trend measures the proportion of a country's Purchasing Power Parity (PPP) converted GDP per capita that is allocated to private consumption at constant prices.
Q: Why is this trend relevant for users or analysts?
A: The consumption share of PPP-converted GDP per capita provides insights into consumer spending patterns and economic welfare, making it a valuable indicator for policymakers and economists.
Q: How is this data collected or calculated?
A: The data is calculated by the OECD using national accounts and PPP conversion factors.
Q: How is this trend used in economic policy?
A: This metric is widely used to assess consumer demand, household savings, and the relative strength of an economy, informing policymakers and market analysts.
Q: Are there update delays or limitations?
A: The data is updated annually, and there may be a slight delay in the most recent year's figures.
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Citation
U.S. Federal Reserve, Consumption Share of Purchasing Power Parity Converted GDP Per Capita at constant prices for Netherlands (KCPPPGNLA156NUPN), retrieved from FRED.