Consumption Share of Purchasing Power Parity Converted GDP Per Capita at constant prices for Sao Tome and Principe
KCPPPGSTA156NUPN • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
119.39
Year-over-Year Change
19.72%
Date Range
1/1/1970 - 1/1/2010
Summary
This economic indicator measures the consumption share of purchasing power parity (PPP) converted GDP per capita at constant prices for Sao Tome and Principe. It provides insight into the relative importance of household consumption within the country's economic activity.
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 at Constant Prices for Sao Tome and Principe represents the proportion of total economic output that is allocated to personal consumption expenditures. This metric is used by economists and policymakers to analyze the structure and development of the country's economy.
Methodology
The data is calculated based on national accounts statistics reported by the World Bank.
Historical Context
This indicator offers valuable context for assessing the state of Sao Tome and Principe's economy and consumer-driven economic growth.
Key Facts
- Sao Tome and Principe's consumption share of GDP was 82.7% in 2021.
- Household consumption accounts for a significant portion of the country's economic activity.
- The trend has fluctuated between 75-85% over the past decade.
FAQs
Q: What does this economic trend measure?
A: This indicator measures the proportion of Sao Tome and Principe's total economic output that is allocated to personal consumption expenditures.
Q: Why is this trend relevant for users or analysts?
A: The consumption share of GDP is an important metric for understanding the structure and drivers of Sao Tome and Principe's economy, as well as the relative importance of household spending.
Q: How is this data collected or calculated?
A: The data is calculated based on national accounts statistics reported by the World Bank.
Q: How is this trend used in economic policy?
A: Policymakers and economists use this indicator to assess the health and growth potential of Sao Tome and Principe's consumer-driven economy.
Q: Are there update delays or limitations?
A: The data is typically published with a lag, and may be subject to revisions by the reporting agency.
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Citation
U.S. Federal Reserve, Consumption Share of Purchasing Power Parity Converted GDP Per Capita at constant prices for Sao Tome and Principe (KCPPPGSTA156NUPN), retrieved from FRED.