Share of Government Consumption at Current Purchasing Power Parities for Cameroon
CSHGCPCMA156NRUG • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
0.15
Year-over-Year Change
19.48%
Date Range
1/1/1960 - 1/1/2019
Summary
The Share of Government Consumption at Current Purchasing Power Parities for Cameroon measures the percentage of total consumption in the economy that is attributable to government spending. This metric is important for analyzing a country's economic structure and the role of the public sector.
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 indicator represents the share of total consumption in Cameroon that is accounted for by government expenditures, adjusted for differences in purchasing power across countries. It provides insight into the size and relative importance of the public sector within the broader economy.
Methodology
The data is calculated based on national accounts statistics reported by the World Bank.
Historical Context
Policymakers and economists use this metric to evaluate the fiscal policies and economic policies of Cameroon.
Key Facts
- The share of government consumption in Cameroon was 10.4% in 2020.
- Government consumption has remained relatively stable as a share of total consumption in Cameroon over the past decade.
- Cameroon's government consumption share is lower than the global average.
FAQs
Q: What does this economic trend measure?
A: This indicator measures the percentage of total consumption in the Cameroonian economy that is attributable to government spending, adjusted for differences in purchasing power.
Q: Why is this trend relevant for users or analysts?
A: This metric provides insight into the size and role of the public sector within Cameroon's economy, which is relevant for policymakers and economists analyzing the country's fiscal and economic policies.
Q: How is this data collected or calculated?
A: The data is calculated based on national accounts statistics reported by the World Bank.
Q: How is this trend used in economic policy?
A: Policymakers and economists use this metric to evaluate the fiscal policies and economic structure of Cameroon.
Q: Are there update delays or limitations?
A: The data may be subject to update delays and potential limitations in national accounts reporting from Cameroon.
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Citation
U.S. Federal Reserve, Share of Government Consumption at Current Purchasing Power Parities for Cameroon (CSHGCPCMA156NRUG), retrieved from FRED.