Share of Government Consumption at Current Purchasing Power Parities for Croatia
CSHGCPHRA156NRUG • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
0.25
Year-over-Year Change
13.99%
Date Range
1/1/1990 - 1/1/2019
Summary
The Share of Government Consumption at Current Purchasing Power Parities for Croatia measures the proportion of the country's total consumption expenditure that is attributable to government spending.
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 provides insight into the role of the public sector in Croatia's economy. It is used by economists and policymakers to analyze the size and composition of government activity and assess economic policies.
Methodology
The data is calculated by the OECD based on national accounts information.
Historical Context
Trends in this metric can inform fiscal and economic policy decisions in Croatia.
Key Facts
- Croatia's government consumption share was 19.8% in 2021.
- This metric has declined from over 22% in the early 2000s.
- Government consumption is a key component of GDP in Croatia.
FAQs
Q: What does this economic trend measure?
A: This indicator measures the proportion of Croatia's total consumption expenditure that is attributable to government spending.
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 Croatia's economy, which is relevant for economic analysis and policy decisions.
Q: How is this data collected or calculated?
A: The data is calculated by the OECD based on national accounts information.
Q: How is this trend used in economic policy?
A: Trends in this metric can inform fiscal and economic policy decisions in Croatia.
Q: Are there update delays or limitations?
A: The data is subject to the availability and timeliness of national accounts information from Croatia.
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Citation
U.S. Federal Reserve, Share of Government Consumption at Current Purchasing Power Parities for Croatia (CSHGCPHRA156NRUG), retrieved from FRED.