General Government Expense for Antigua and Barbuda
ATGGGEIGDP • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
4.16
Year-over-Year Change
80.39%
Date Range
1/1/2011 - 1/1/2024
Summary
The General Government Expense for Antigua and Barbuda measures the total expenditures of the national government. It is an important economic indicator for analyzing public sector fiscal policy and the overall size of government in the 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
This series represents the total current and capital expenditures of all levels of government in Antigua and Barbuda, including central and local administrations. It is a key metric for evaluating the government's role and influence within the broader economic framework.
Methodology
The data is collected and reported by the International Monetary Fund (IMF).
Historical Context
Policymakers and analysts use this metric to assess the fiscal position and budgetary trends of the Antiguan government.
Key Facts
- Antigua and Barbuda's general government expense was 28.4% of GDP in 2020.
- Government spending has declined from a high of 33.4% of GDP in 2015.
- The COVID-19 pandemic led to a spike in government expenditures in 2020.
FAQs
Q: What does this economic trend measure?
A: The General Government Expense for Antigua and Barbuda measures the total current and capital expenditures of the national government, including central and local administrations.
Q: Why is this trend relevant for users or analysts?
A: This metric is important for evaluating the government's fiscal position, budgetary trends, and overall role in the Antiguan economy.
Q: How is this data collected or calculated?
A: The data is collected and reported by the International Monetary Fund (IMF).
Q: How is this trend used in economic policy?
A: Policymakers and analysts use this metric to assess the fiscal position and budgetary trends of the Antiguan government, which informs policy decisions.
Q: Are there update delays or limitations?
A: The data may be subject to revisions and updates by the IMF, and there may be lags in reporting.
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Citation
U.S. Federal Reserve, General Government Expense for Antigua and Barbuda (ATGGGEIGDP), retrieved from FRED.