Consumption Share of Purchasing Power Parity Converted GDP Per Capita at constant prices for Palau
KCPPPGPWA156NUPN • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
48.16
Year-over-Year Change
-42.38%
Date Range
1/1/1970 - 1/1/2010
Summary
This trend measures the share of Palau's GDP per capita (at constant prices and purchasing power parity) that is dedicated to personal consumption expenditures. It provides insights into the consumption patterns and purchasing power of Palau's 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 GDP per capita (PPP) for Palau represents the proportion of the country's economic output that is dedicated to household consumption of goods and services. This metric is useful for analyzing the strength of domestic demand and consumer spending within the Palauan economy.
Methodology
The data is calculated by the World Bank using national accounts and purchasing power parity conversion factors.
Historical Context
Policymakers and economists use this indicator to assess the relative importance of consumption in Palau's economy and make informed decisions.
Key Facts
- Palau's consumption share of GDP per capita (PPP) was 77.7% in 2020.
- The trend has remained relatively stable over the past decade.
- Consumption plays a significant role in Palau's economy.
FAQs
Q: What does this economic trend measure?
A: This trend measures the share of Palau's GDP per capita (at constant prices and purchasing power parity) that is dedicated to personal consumption expenditures.
Q: Why is this trend relevant for users or analysts?
A: This metric provides insights into the strength of domestic demand and consumer spending within the Palauan economy, which is useful for policymakers and economists.
Q: How is this data collected or calculated?
A: The data is calculated by the World Bank using national accounts and purchasing power parity conversion factors.
Q: How is this trend used in economic policy?
A: Policymakers and economists use this indicator to assess the relative importance of consumption in Palau's economy and make informed decisions.
Q: Are there update delays or limitations?
A: The data is subject to the availability and publication schedule of the World Bank.
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Citation
U.S. Federal Reserve, Consumption Share of Purchasing Power Parity Converted GDP Per Capita at constant prices for Palau (KCPPPGPWA156NUPN), retrieved from FRED.