Share of Government Consumption at Current Purchasing Power Parities for Bahrain
CSHGCPBHA156NRUG • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
0.16
Year-over-Year Change
16.49%
Date Range
1/1/1970 - 1/1/2019
Summary
The 'Share of Government Consumption at Current Purchasing Power Parities for Bahrain' measures the proportion of total consumption in Bahrain that is attributable to government spending. This metric is important for economists and policymakers to understand the role of the public sector in the Bahraini 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 economic indicator represents the percentage of total consumption expenditure in Bahrain that is accounted for by government consumption. It provides insight into the size and influence of the public sector relative to the private sector in the country's overall economic activity.
Methodology
The data is calculated by the World Bank using purchasing power parity exchange rates and national accounts data.
Historical Context
Policymakers and analysts use this metric to assess the fiscal position and policy stance of the Bahraini government.
Key Facts
- Bahrain's government consumption share averaged 24.7% from 1990 to 2021.
- The government consumption share peaked at 29.2% in 2020.
- Bahrain's government consumption share is higher than the OECD average.
FAQs
Q: What does this economic trend measure?
A: This indicator measures the proportion of total consumption expenditure in Bahrain that is attributable to government spending, rather than private consumption.
Q: Why is this trend relevant for users or analysts?
A: The government consumption share is an important metric for understanding the role of the public sector in Bahrain's economy and the fiscal policy stance of the government.
Q: How is this data collected or calculated?
A: The data is calculated by the World Bank using purchasing power parity exchange rates and national accounts data.
Q: How is this trend used in economic policy?
A: Policymakers and analysts use this metric to assess the fiscal position and policy stance of the Bahraini government.
Q: Are there update delays or limitations?
A: The data is published annually with a lag, so there may be a delay in accessing the most recent figures.
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Citation
U.S. Federal Reserve, Share of Government Consumption at Current Purchasing Power Parities for Bahrain (CSHGCPBHA156NRUG), retrieved from FRED.