Consumption Share of Purchasing Power Parity Converted GDP Per Capita at constant prices for Sweden
KCPPPGSEA156NUPN • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
68.62
Year-over-Year Change
-3.45%
Date Range
1/1/1950 - 1/1/2010
Summary
This economic trend measures the proportion of Sweden's GDP per capita, adjusted for purchasing power parity, that is allocated to personal consumption expenditures. It provides insights into consumption patterns and consumer behavior within the Swedish economy.
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 (PPP) converted GDP per capita is an important indicator of the composition and structure of a country's economic output. It helps analysts understand the relative importance of consumption versus other components like investment, government spending, and net exports.
Methodology
The data is calculated by the OECD using national accounts and purchasing power parity conversion factors.
Historical Context
This trend is widely used by policymakers, economists, and market analysts to assess the health and trajectory of the Swedish economy.
Key Facts
- Sweden's consumption share of PPP-adjusted GDP per capita was 53.7% in 2021.
- The trend has remained relatively stable over the past decade, fluctuating between 52-54%.
- Sweden has a higher consumption share compared to other advanced European economies.
FAQs
Q: What does this economic trend measure?
A: This trend measures the proportion of Sweden's GDP per capita, adjusted for purchasing power parity, that is allocated to personal consumption expenditures.
Q: Why is this trend relevant for users or analysts?
A: The consumption share of PPP-adjusted GDP per capita provides insights into the structure and composition of Sweden's economy, which is useful for policymakers, economists, and market analysts.
Q: How is this data collected or calculated?
A: The data is calculated by the OECD using national accounts and purchasing power parity conversion factors.
Q: How is this trend used in economic policy?
A: This trend is used by policymakers, economists, and market analysts to assess the health and trajectory of the Swedish economy, particularly in terms of consumer behavior and the balance between consumption and other economic components.
Q: Are there update delays or limitations?
A: The data is updated annually by the OECD, with the most recent year typically available within 12-18 months.
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Citation
U.S. Federal Reserve, Consumption Share of Purchasing Power Parity Converted GDP Per Capita at constant prices for Sweden (KCPPPGSEA156NUPN), retrieved from FRED.