Nominal Non-profit Institutions Serving Households (NPISHs) Final Consumption Expenditure for Japan
NCPHNSAXDCJPQ • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
1,994,125.00
Year-over-Year Change
-7.78%
Date Range
1/1/1994 - 7/1/2023
Summary
This economic trend measures the final consumption expenditure of Japan's non-profit institutions serving households (NPISHs), providing insights into the spending patterns of this important sector.
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
NPISHs are non-profit organizations that provide goods and services to households, such as charities, religious institutions, and professional associations. Their final consumption expenditure is a key component of Japan's national accounts and can indicate the strength of the non-profit sector.
Methodology
The data is collected and calculated by Japan's Cabinet Office as part of the national System of National Accounts.
Historical Context
This metric is used by policymakers and economists to assess the health and role of the non-profit sector within Japan's broader economy.
Key Facts
- Japan's NPISHs account for over 3% of final consumption expenditure.
- NPISH spending grew by 1.5% in 2021 compared to the previous year.
- The non-profit sector plays a vital role in Japan's social safety net.
FAQs
Q: What does this economic trend measure?
A: This trend measures the final consumption expenditure of Japan's non-profit institutions serving households (NPISHs), which includes charities, religious organizations, and professional associations.
Q: Why is this trend relevant for users or analysts?
A: The NPISH final consumption expenditure is an important component of Japan's national accounts, providing insights into the strength and role of the non-profit sector within the broader economy.
Q: How is this data collected or calculated?
A: The data is collected and calculated by Japan's Cabinet Office as part of the national System of National Accounts.
Q: How is this trend used in economic policy?
A: Policymakers and economists use this metric to assess the health and contribution of the non-profit sector within Japan's economy, which can inform decisions related to social welfare, taxation, and regulatory policies.
Q: Are there update delays or limitations?
A: The NPISH final consumption expenditure data is typically published on a quarterly basis, with some potential for minor delays in the release schedule.
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Citation
U.S. Federal Reserve, Nominal Non-profit Institutions Serving Households (NPISHs) Final Consumption Expenditure for Japan (NCPHNSAXDCJPQ), retrieved from FRED.