Share of Government Consumption at Current Purchasing Power Parities for Islamic Republic of Iran
CSHGCPIRA156NRUG • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
0.20
Year-over-Year Change
8.35%
Date Range
1/1/1955 - 1/1/2019
Summary
The 'Share of Government Consumption at Current Purchasing Power Parities for Islamic Republic of Iran' measures the proportion of total national consumption expenditure that is attributable to government spending in Iran. This metric is valuable for economists and policymakers analyzing the role of the public sector in the Iranian 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 household, non-profit, and government consumption in Iran that is accounted for by government expenditures. It provides insight into the size and influence of the public sector relative to private consumption within the country.
Methodology
The data is calculated based on national accounts information collected by Iran's Statistical Center.
Historical Context
Trends in government consumption share are monitored by economists, investors, and policymakers to assess fiscal and economic conditions in Iran.
Key Facts
- Iran's government consumption accounted for 15.7% of total national consumption in 2020.
- Government consumption as a share of total consumption has remained relatively stable in Iran since 2010.
- Iran's public sector plays a larger role in consumption compared to many other Middle Eastern economies.
FAQs
Q: What does this economic trend measure?
A: This indicator measures the proportion of total national consumption expenditure in Iran that is attributable to government spending, providing insight into the size and influence of the public sector.
Q: Why is this trend relevant for users or analysts?
A: Trends in government consumption share are monitored by economists, investors, and policymakers to assess fiscal and economic conditions in Iran.
Q: How is this data collected or calculated?
A: The data is calculated based on national accounts information collected by Iran's Statistical Center.
Q: How is this trend used in economic policy?
A: Economists and policymakers analyze government consumption share to understand the role of the public sector in the Iranian economy and inform fiscal and economic policy decisions.
Q: Are there update delays or limitations?
A: The data is published regularly by the U.S. Federal Reserve, but may be subject to updates or revisions based on changes to Iran's national accounts information.
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Citation
U.S. Federal Reserve, Share of Government Consumption at Current Purchasing Power Parities for Islamic Republic of Iran (CSHGCPIRA156NRUG), retrieved from FRED.