Consumption Share of Purchasing Power Parity Converted GDP Per Capita at constant prices for Pakistan
KCPPPGPKA156NUPN • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
78.14
Year-over-Year Change
-2.32%
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 for Pakistan, adjusted for inflation. It provides insights into the spending patterns and living standards of the Pakistani 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 PPP-converted GDP per capita is an important indicator for evaluating the economic well-being and standard of living in a country. It reflects the portion of total economic output that is dedicated to household consumption, shedding light on consumer behavior and purchasing power.
Methodology
The data is calculated by the World Bank using GDP per capita figures adjusted for differences in purchasing power across countries.
Historical Context
This trend is widely used by policymakers, economists, and international organizations to assess the state of the Pakistani economy and make informed decisions.
Key Facts
- Pakistan's consumption share of PPP-converted GDP per capita was 82.3% in 2021.
- This trend has declined from a peak of 87.2% in 2002.
- The consumption share is an indicator of economic development and living standards.
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 dedicated to household consumption in Pakistan.
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 in Pakistan, providing insights for policymakers and economists.
Q: How is this data collected or calculated?
A: The data is calculated by the World Bank using GDP per capita figures adjusted for differences in purchasing power across countries.
Q: How is this trend used in economic policy?
A: This trend is widely used by policymakers, economists, and international organizations to assess the state of the Pakistani economy and make informed decisions.
Q: Are there update delays or limitations?
A: The data is updated annually by the World Bank, with a potential delay of several months.
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Citation
U.S. Federal Reserve, Consumption Share of Purchasing Power Parity Converted GDP Per Capita at constant prices for Pakistan (KCPPPGPKA156NUPN), retrieved from FRED.