Consumption Share of Purchasing Power Parity Converted GDP Per Capita at constant prices for Paraguay
KCPPPGPYA156NUPN • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
89.93
Year-over-Year Change
-6.04%
Date Range
1/1/1951 - 1/1/2010
Summary
This economic trend measures the portion of Paraguay's Gross Domestic Product (GDP) that is attributed to household consumption, adjusted for differences in purchasing power across countries.
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 of a country's economic structure and living standards. It shows how much of Paraguay's economic output is directed towards private consumption versus other expenditures like investment or government spending.
Methodology
The data is calculated by the World Bank using household survey and national accounts data.
Historical Context
This metric is used by economists and policymakers to analyze Paraguay's economic development and compare its consumption patterns to other countries.
Key Facts
- Paraguay's consumption share of GDP was 78.1% in 2021.
- This indicator has remained relatively stable in Paraguay over the past decade.
- Consumption share tends to decline as countries develop and investment/exports grow.
FAQs
Q: What does this economic trend measure?
A: This metric measures the portion of Paraguay's total economic output (GDP) that is attributed to household consumption, adjusted for differences in purchasing power across countries.
Q: Why is this trend relevant for users or analysts?
A: The consumption share of GDP is an important indicator of a country's economic structure and living standards. It provides insight into how much of Paraguay's economic resources are directed towards private consumption versus other uses like investment or government spending.
Q: How is this data collected or calculated?
A: The data is calculated by the World Bank using household survey and national accounts data for Paraguay.
Q: How is this trend used in economic policy?
A: Economists and policymakers use this metric to analyze Paraguay's economic development and compare its consumption patterns to other countries. It informs policy decisions related to living standards, economic structure, and growth strategies.
Q: Are there update delays or limitations?
A: There may be some delay in the availability of this data, as it relies on household surveys and national accounts information. The World Bank typically publishes the latest data within 1-2 years.
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Citation
U.S. Federal Reserve, Consumption Share of Purchasing Power Parity Converted GDP Per Capita at constant prices for Paraguay (KCPPPGPYA156NUPN), retrieved from FRED.