Government Consumption Share of Purchasing Power Parity Converted GDP Per Capita at constant prices for Tunisia
KGPPPGTNA156NUPN • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
5.51
Year-over-Year Change
36.32%
Date Range
1/1/1961 - 1/1/2010
Summary
This economic trend measures the share of government consumption in Tunisia's gross domestic product (GDP) adjusted for purchasing power parity. It provides insights into the role of the public sector in the Tunisian 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 represents the percentage of a country's total economic output that is accounted for by government spending on goods and services. This metric is useful for analyzing the size and influence of the public sector within a national economy.
Methodology
The data is calculated by the World Bank using national accounts and purchasing power parity (PPP) conversion factors.
Historical Context
Policymakers and economists analyze this trend to assess the balance between public and private economic activity.
Key Facts
- Tunisia's government consumption share of GDP was 16.3% in 2020.
- This metric has remained relatively stable in Tunisia over the past decade.
- The public sector plays a smaller role in the Tunisian economy compared to many other developing countries.
FAQs
Q: What does this economic trend measure?
A: This trend measures the share of government consumption in Tunisia's gross domestic product (GDP) adjusted for purchasing power parity.
Q: Why is this trend relevant for users or analysts?
A: This metric provides insights into the size and influence of the public sector within the Tunisian economy, which is useful for policymakers and economists analyzing fiscal policy and economic growth.
Q: How is this data collected or calculated?
A: The data is calculated by the World Bank using national accounts and purchasing power parity (PPP) conversion factors.
Q: How is this trend used in economic policy?
A: Policymakers and economists analyze this trend to assess the balance between public and private economic activity and the role of the government in the Tunisian economy.
Q: Are there update delays or limitations?
A: The data is published annually by the World Bank, so there may be a delay of up to a year before the latest figures are available.
Related Trends
Government Consumption Share of Purchasing Power Parity Converted GDP Per Capita at constant prices for Namibia
KGPPPGNAA156NUPN
Investment Share of Purchasing Power Parity Converted GDP Per Capita at constant prices for Cape Verde
KIPPPGCVA156NUPN
Investment Share of Purchasing Power Parity Converted GDP Per Capita at constant prices for Seychelles
KIPPPGSCA156NUPN
Consumption Share of Purchasing Power Parity Converted GDP Per Capita at constant prices for Greece
KCPPPGGRA156NUPN
Investment Share of Purchasing Power Parity Converted GDP Per Capita at constant prices for Samoa
KIPPPGWSA156NUPN
Investment Share of Purchasing Power Parity Converted GDP Per Capita at constant prices for Japan
KIPPPGJPA156NUPN
Citation
U.S. Federal Reserve, Government Consumption Share of Purchasing Power Parity Converted GDP Per Capita at constant prices for Tunisia (KGPPPGTNA156NUPN), retrieved from FRED.