Consumption Share of Purchasing Power Parity Converted GDP Per Capita at constant prices for Poland
KCPPPGPLA156NUPN • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
74.54
Year-over-Year Change
-3.92%
Date Range
1/1/1970 - 1/1/2010
Summary
This economic trend measures the share of Poland's purchasing power parity (PPP) converted GDP per capita that is allocated to personal consumption expenditures. It provides insights into the spending patterns and economic well-being of Polish households.
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 understanding the composition of a country's economic output and the relative importance of consumer spending. It can help economists and policymakers assess the strength of domestic demand and the potential for economic growth.
Methodology
The data is calculated by the OECD using national accounts and PPP conversion factors.
Historical Context
This trend is widely used by analysts and policymakers to monitor Poland's economic development and make informed decisions about fiscal, monetary, and social policies.
Key Facts
- Poland's consumption share of PPP converted GDP per capita was 59.3% in 2021.
- The consumption share has decreased from a high of 63.7% in 2008.
- Personal consumption expenditures are a major component of Poland's economic activity.
FAQs
Q: What does this economic trend measure?
A: This trend measures the share of Poland's purchasing power parity (PPP) converted GDP per capita that is allocated to personal consumption expenditures.
Q: Why is this trend relevant for users or analysts?
A: This trend provides insights into the spending patterns and economic well-being of Polish households, which is important for understanding the composition of the country's economic output and the potential for economic growth.
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 trend is widely used by analysts and policymakers to monitor Poland's economic development and make informed decisions about fiscal, monetary, and social policies.
Q: Are there update delays or limitations?
A: The data is subject to the availability and publication schedule of the OECD, which may result in occasional update delays.
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Citation
U.S. Federal Reserve, Consumption Share of Purchasing Power Parity Converted GDP Per Capita at constant prices for Poland (KCPPPGPLA156NUPN), retrieved from FRED.