Share of Government Consumption at Current Purchasing Power Parities for Comoros
CSHGCPKMA156NRUG • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
0.20
Year-over-Year Change
6.64%
Date Range
1/1/1960 - 1/1/2019
Summary
The 'Share of Government Consumption at Current Purchasing Power Parities for Comoros' measures the portion of Comoros' total economic output that is attributable to government spending. This metric is important for economists and policymakers to assess the size and role of the public sector in the Comorian 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 series represents the share of GDP in Comoros that is accounted for by government consumption expenditures, adjusted for differences in purchasing power across countries. It provides insight into the relative size and involvement of the government in Comoros' economic activity.
Methodology
The data is calculated by the World Bank using national accounts and purchasing power parity information.
Historical Context
Policymakers and analysts use this metric to evaluate the fiscal policies and public-sector role in Comoros' economic development.
Key Facts
- Comoros' government consumption is 16.5% of GDP.
- The share has remained relatively stable over the past decade.
- Comoros has one of the lower government consumption levels among African countries.
FAQs
Q: What does this economic trend measure?
A: This trend measures the portion of Comoros' total economic output that is attributable to government spending, 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 relative size and involvement of the government in Comoros' economic activity, which is relevant for evaluating fiscal policies and the public-sector role in economic development.
Q: How is this data collected or calculated?
A: The data is calculated by the World Bank using national accounts and purchasing power parity information.
Q: How is this trend used in economic policy?
A: Policymakers and analysts use this metric to evaluate the fiscal policies and public-sector role in Comoros' economic development.
Q: Are there update delays or limitations?
A: The data is published annually with a delay of approximately one year.
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Citation
U.S. Federal Reserve, Share of Government Consumption at Current Purchasing Power Parities for Comoros (CSHGCPKMA156NRUG), retrieved from FRED.