Consumption Share of Purchasing Power Parity Converted GDP Per Capita at constant prices for Chad
KCPPPGTDA156NUPN • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
27.57
Year-over-Year Change
-28.52%
Date Range
1/1/1960 - 1/1/2010
Summary
This trend measures the share of GDP per capita in Chad that goes towards consumption at constant purchasing power parity prices. It provides insights into the country's standard of living and economic structure.
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 in purchasing power parity terms represents the portion of total economic output that individuals and households devote to personal consumption in Chad. This metric is useful for cross-country comparisons of living standards and consumption patterns.
Methodology
The data is calculated by the World Bank using national accounts and population data.
Historical Context
Policymakers and analysts use this metric to assess Chad's economic development and the relationship between consumption, investment, and other components of GDP.
Key Facts
- Chad's consumption share of GDP per capita was 76.4% in 2021.
- The consumption share has declined from 81.5% in 2000, indicating a shift towards investment and exports.
- Chad's consumption share is higher than the sub-Saharan African average of 68.5%.
FAQs
Q: What does this economic trend measure?
A: This trend measures the portion of Chad's GDP per capita, adjusted for purchasing power parity, that is devoted to personal consumption expenditures.
Q: Why is this trend relevant for users or analysts?
A: The consumption share of GDP per capita is an important indicator of a country's economic structure and living standards. It provides insights into the relationship between consumption, investment, and other components of economic output.
Q: How is this data collected or calculated?
A: The data is calculated by the World Bank using national accounts data and population figures.
Q: How is this trend used in economic policy?
A: Policymakers and analysts use this metric to assess Chad's economic development and the balance between consumption, investment, and other factors driving GDP growth.
Q: Are there update delays or limitations?
A: The data is updated annually, with a delay of approximately one year. There may be limitations in data quality or coverage for some developing countries.
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Citation
U.S. Federal Reserve, Consumption Share of Purchasing Power Parity Converted GDP Per Capita at constant prices for Chad (KCPPPGTDA156NUPN), retrieved from FRED.