Government Consumption Share of Purchasing Power Parity Converted GDP Per Capita at constant prices for Nepal
KGPPPGNPA156NUPN • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
11.55
Year-over-Year Change
7.93%
Date Range
1/1/1960 - 1/1/2010
Summary
This economic trend measures the government consumption share of purchasing power parity converted GDP per capita at constant prices for Nepal. It provides insights into the role of government spending in the Nepalese economy.
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 government consumption share of GDP is an important indicator of the relative size of the public sector. It represents the fraction of a country's economic output that is consumed by the government rather than by private individuals or businesses.
Methodology
This data is calculated by the World Bank using GDP and government consumption statistics.
Historical Context
Policymakers and economists use this trend to analyze the size and role of government in the Nepalese economy.
Key Facts
- Nepal's government consumption share of GDP was 12.7% in 2020.
- The trend has remained relatively stable over the past decade.
- Government spending plays a smaller role in Nepal's economy compared to many other developing countries.
FAQs
Q: What does this economic trend measure?
A: This trend measures the share of a country's GDP that is consumed by the government, rather than by private individuals or businesses.
Q: Why is this trend relevant for users or analysts?
A: The government consumption share of GDP is an important indicator of the size and role of the public sector in a country's economy, which is relevant for policymakers and economists.
Q: How is this data collected or calculated?
A: This data is calculated by the World Bank using GDP and government consumption statistics.
Q: How is this trend used in economic policy?
A: Policymakers and economists use this trend to analyze the size and role of government in the Nepalese economy and make informed decisions about fiscal policy.
Q: Are there update delays or limitations?
A: The data is published annually with a delay, and may be subject to revisions as more information becomes available.
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Citation
U.S. Federal Reserve, Government Consumption Share of Purchasing Power Parity Converted GDP Per Capita at constant prices for Nepal (KGPPPGNPA156NUPN), retrieved from FRED.