Consumption Share of Purchasing Power Parity Converted GDP Per Capita at constant prices for St.Vincent and Grenadines
KCPPPGVCA156NUPN • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
85.69
Year-over-Year Change
12.50%
Date Range
1/1/1970 - 1/1/2010
Summary
This economic trend measures the share of GDP per capita allocated to consumption in St. Vincent and the Grenadines, adjusting for purchasing power parity. It provides insights into the consumption patterns and standards of living in the country.
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 represents the portion of economic output devoted to household consumption, as opposed to investment, government spending, or net exports. This metric is useful for comparing consumption patterns across countries and over time.
Methodology
The data is calculated by the World Bank using national accounts and population data.
Historical Context
This trend is relevant for policymakers and analysts assessing the drivers of economic growth and the standard of living in St. Vincent and the Grenadines.
Key Facts
- The consumption share of GDP per capita in St. Vincent and the Grenadines was 78.1% in 2020.
- This metric has remained relatively stable, ranging from 76-80% over the past decade.
- Consumption accounts for a larger share of GDP per capita in St. Vincent and the Grenadines compared to the global average.
FAQs
Q: What does this economic trend measure?
A: This trend measures the share of GDP per capita that is allocated to household consumption in St. Vincent and the Grenadines, adjusted for purchasing power parity.
Q: Why is this trend relevant for users or analysts?
A: This metric provides insights into the standard of living and consumption patterns in the country, which is useful for economic policymakers and analysts.
Q: How is this data collected or calculated?
A: The data is calculated by the World Bank using national accounts and population data.
Q: How is this trend used in economic policy?
A: This trend is relevant for policymakers and analysts assessing the drivers of economic growth and standards of living in St. Vincent and the Grenadines.
Q: Are there update delays or limitations?
A: The data is published annually by the World Bank, with a potential delay of several months.
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Citation
U.S. Federal Reserve, Consumption Share of Purchasing Power Parity Converted GDP Per Capita at constant prices for St.Vincent and Grenadines (KCPPPGVCA156NUPN), retrieved from FRED.