Share of Government Consumption at Current Purchasing Power Parities for Denmark
CSHGCPDKA156NRUG • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
0.21
Year-over-Year Change
9.85%
Date Range
1/1/1950 - 1/1/2019
Summary
The 'Share of Government Consumption at Current Purchasing Power Parities for Denmark' measures the relative size of government consumption in Denmark's economy. This metric is important for economists and policymakers to assess the role of the public sector and its impact on economic growth.
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 proportion of total consumption in Denmark that is attributable to government expenditures, adjusted for differences in purchasing power across countries. It provides insight into the scale and composition of public spending within the Danish economy.
Methodology
The data is calculated by the OECD using national accounts information and purchasing power parity exchange rates.
Historical Context
This trend is widely used by analysts to evaluate Denmark's fiscal policy and the government's role in the overall economy.
Key Facts
- Denmark's government consumption share was 25.6% in 2021.
- The share has remained relatively stable over the past decade.
- Denmark has one of the largest public sectors among OECD countries.
FAQs
Q: What does this economic trend measure?
A: This indicator measures the proportion of total consumption in Denmark that is attributable to government expenditures, adjusted for differences in purchasing power across countries.
Q: Why is this trend relevant for users or analysts?
A: This metric provides insight into the scale and composition of public spending within the Danish economy, which is useful for evaluating fiscal policy and the government's role in the overall economy.
Q: How is this data collected or calculated?
A: The data is calculated by the OECD using national accounts information and purchasing power parity exchange rates.
Q: How is this trend used in economic policy?
A: This trend is widely used by analysts to evaluate Denmark's fiscal policy and the government's role in the overall economy.
Q: Are there update delays or limitations?
A: The data is published annually by the OECD, so there may be a delay of up to a year in the most recent information.
Related Trends
Share of Residual Trade and GDP Statistical Discrepancy at Current Purchasing Power Parities for Cape Verde
CSHRCPCVA156NRUG
Share of Gross Capital Formation at Current Purchasing Power Parities for Uruguay
CSHICPUYA156NRUG
Share of Government Consumption at Current Purchasing Power Parities for Uzbekistan
CSHGCPUZA156NRUG
Share of Merchandise Imports at Current Purchasing Power Parities for Central African Republic
CSHMCPCFA156NRUG
Share of Government Consumption at Current Purchasing Power Parities for Switzerland
CSHGCPCHA156NRUG
Share of Merchandise Exports at Current Purchasing Power Parities for Bosnia and Herzegovina
CSHXCPBAA156NRUG
Citation
U.S. Federal Reserve, Share of Government Consumption at Current Purchasing Power Parities for Denmark (CSHGCPDKA156NRUG), retrieved from FRED.