Real Final Consumption Expenditure for Estonia
NCRSAXDCESQ • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
239,716.93
Year-over-Year Change
8.79%
Date Range
1/1/1995 - 1/1/2025
Summary
Real Final Consumption Expenditure for Estonia measures the inflation-adjusted value of all goods and services consumed by households and government. It is a key indicator of economic activity and consumer demand.
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
This economic indicator tracks the total value of consumer and government spending in Estonia, adjusted for inflation. It is used by economists and policymakers to assess the strength of domestic consumption, a major driver of GDP growth.
Methodology
The data is calculated by Estonia's national statistical agency based on surveys of household and government expenditures.
Historical Context
Trends in real consumption expenditure help inform monetary and fiscal policies aimed at supporting economic stability and growth.
Key Facts
- Estonia's real consumption expenditure reached a record high in 2022.
- Consumer spending accounts for over 50% of Estonia's GDP.
- Government consumption makes up around 20% of total expenditure.
FAQs
Q: What does this economic trend measure?
A: Real Final Consumption Expenditure for Estonia measures the inflation-adjusted value of all goods and services consumed by households and government in the country.
Q: Why is this trend relevant for users or analysts?
A: This indicator is widely used to assess the strength of domestic demand and consumer confidence, which are key drivers of overall economic growth.
Q: How is this data collected or calculated?
A: The data is calculated by Estonia's national statistical agency based on surveys of household and government expenditures.
Q: How is this trend used in economic policy?
A: Trends in real consumption expenditure help inform monetary and fiscal policies aimed at supporting economic stability and growth in Estonia.
Q: Are there update delays or limitations?
A: The data is published quarterly with a typical 1-2 month lag.
Related Trends
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Citation
U.S. Federal Reserve, Real Final Consumption Expenditure for Estonia (NCRSAXDCESQ), retrieved from FRED.