Share of Government Consumption at Current Purchasing Power Parities for Brazil
CSHGCPBRA156NRUG • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
0.18
Year-over-Year Change
5.64%
Date Range
1/1/1950 - 1/1/2019
Summary
The 'Share of Government Consumption at Current Purchasing Power Parities for Brazil' measures the relative size of Brazil's government consumption compared to its overall economy. This metric is important for economists and policymakers to assess the role of the public sector in Brazil's economic activity.
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 Brazil's gross domestic product (GDP) that is attributable to government consumption expenditures. It provides insight into the scale and scope of the Brazilian government's role in the national economy.
Methodology
The data is calculated by the World Bank using national accounts and purchasing power parity (PPP) conversion factors.
Historical Context
This trend is closely monitored by analysts to evaluate Brazil's fiscal policies and the government's influence on economic performance.
Key Facts
- Brazil's government consumption share averaged 19.7% of GDP from 2010-2020.
- The indicator reached a high of 21.1% in 2015 amidst economic recession.
- Government consumption accounts for a smaller portion of GDP in Brazil compared to many developed economies.
FAQs
Q: What does this economic trend measure?
A: This indicator measures the percentage of Brazil's gross domestic product (GDP) that is attributed to government consumption expenditures.
Q: Why is this trend relevant for users or analysts?
A: This metric provides insight into the size and role of the public sector in Brazil's economy, which is important for evaluating fiscal policies and their impact on economic performance.
Q: How is this data collected or calculated?
A: The World Bank calculates this indicator using national accounts data and purchasing power parity (PPP) conversion factors.
Q: How is this trend used in economic policy?
A: Analysts and policymakers monitor this indicator to assess Brazil's fiscal policies and the government's influence on the overall economy.
Q: Are there update delays or limitations?
A: The data is published with a lag, and may be subject to revisions as more complete information becomes available.
Related Trends
Share of Gross Capital Formation at Current Purchasing Power Parities for Lao People's Democratic Republic
CSHICPLAA156NRUG
Share of Gross Capital Formation at Current Purchasing Power Parities for Namibia
CSHICPNAA156NRUG
Share of Merchandise Imports at Current Purchasing Power Parities for Senegal
CSHMCPSNA156NRUG
Share of Household Consumption at Current Purchasing Power Parities for Cape Verde
CSHCCPCVA156NRUG
Share of Merchandise Exports at Current Purchasing Power Parities for Central African Republic
CSHXCPCFA156NRUG
Share of Residual Trade and GDP Statistical Discrepancy at Current Purchasing Power Parities for Rwanda
CSHRCPRWA156NRUG
Citation
U.S. Federal Reserve, Share of Government Consumption at Current Purchasing Power Parities for Brazil (CSHGCPBRA156NRUG), retrieved from FRED.