Consumption Share of Purchasing Power Parity Converted GDP Per Capita at constant prices for Peru
KCPPPGPEA156NUPN • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
68.57
Year-over-Year Change
-7.05%
Date Range
1/1/1950 - 1/1/2010
Summary
This economic trend measures the share of Peru's Gross Domestic Product (GDP) that is attributed to household consumption, adjusted for purchasing power parity. It provides insights into the consumption patterns and living standards of the Peruvian 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 for understanding the structure and dynamics of an economy. It helps economists and policymakers assess the relative importance of household consumption in the overall economic activity of Peru.
Methodology
The data is calculated by the World Bank using national accounts and purchasing power parity (PPP) conversion factors.
Historical Context
This trend is widely used by analysts and institutions to compare living standards and consumption patterns across countries.
Key Facts
- Peru's consumption share of GDP was 68.4% in 2021.
- The trend has remained relatively stable over the past decade.
- Consumption is a key driver of economic growth in Peru.
FAQs
Q: What does this economic trend measure?
A: This trend measures the share of Peru's Gross Domestic Product (GDP) that is attributed to household consumption, adjusted for purchasing power parity.
Q: Why is this trend relevant for users or analysts?
A: This trend provides insights into the consumption patterns and living standards of the Peruvian population, which is useful for economists and policymakers in understanding the structure and dynamics of the Peruvian economy.
Q: How is this data collected or calculated?
A: The data is calculated by the World Bank using national accounts and purchasing power parity (PPP) conversion factors.
Q: How is this trend used in economic policy?
A: This trend is widely used by analysts and institutions to compare living standards and consumption patterns across countries, which informs economic policy decisions.
Q: Are there update delays or limitations?
A: The data is updated regularly by the World Bank, but there may be some delays in the availability of the most recent figures.
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Citation
U.S. Federal Reserve, Consumption Share of Purchasing Power Parity Converted GDP Per Capita at constant prices for Peru (KCPPPGPEA156NUPN), retrieved from FRED.