Consumption Share of Purchasing Power Parity Converted GDP Per Capita at constant prices for Timor-Leste
KCPPPGTLA156NUPN • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
90.42
Year-over-Year Change
85.12%
Date Range
1/1/2000 - 1/1/2010
Summary
This economic indicator measures the proportion of a country's total economic output that is allocated to personal consumption expenditures. It provides insights into the spending patterns and living standards of a 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 Purchasing Power Parity Converted GDP Per Capita metric tracks the percentage of a country's inflation-adjusted, internationally comparable gross domestic product that is dedicated to household consumption. This data point is a key indicator of economic development and the distribution of a nation's resources.
Methodology
The data is calculated by the World Bank using purchasing power parity exchange rates and national accounts statistics.
Historical Context
Economists and policymakers utilize this indicator to assess a country's economic structure, consumer demand, and standard of living trends.
Key Facts
- Timor-Leste's consumption share of GDP was 89.3% in 2020.
- The indicator has trended upwards over the past two decades.
- High consumption share can signal a focus on domestic demand over investment.
FAQs
Q: What does this economic trend measure?
A: This indicator tracks the proportion of a country'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 provides insights into a country's economic structure, consumer demand patterns, and standard of living.
Q: How is this data collected or calculated?
A: The World Bank calculates this metric using purchasing power parity exchange rates and national accounts statistics.
Q: How is this trend used in economic policy?
A: Economists and policymakers utilize this indicator to assess a country's economic development, consumer demand, and allocation of resources.
Q: Are there update delays or limitations?
A: The data is published annually with a lag, and may not capture rapid, short-term changes in consumption patterns.
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Citation
U.S. Federal Reserve, Consumption Share of Purchasing Power Parity Converted GDP Per Capita at constant prices for Timor-Leste (KCPPPGTLA156NUPN), retrieved from FRED.