Share of Government Consumption at Current Purchasing Power Parities for Morocco
CSHGCPMAA156NRUG • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
0.18
Year-over-Year Change
18.34%
Date Range
1/1/1950 - 1/1/2019
Summary
The 'Share of Government Consumption at Current Purchasing Power Parities for Morocco' measures the relative size of government spending in Morocco's economy. It is a key indicator used by economists and policymakers to assess fiscal policy and economic development.
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 trend represents the percentage of Morocco's total gross domestic product (GDP) that is accounted for by government consumption expenditures. It is calculated using purchasing power parity (PPP) exchange rates to allow for cross-country comparisons.
Methodology
The data is compiled by the World Bank from national accounts statistics.
Historical Context
Governments and multilateral institutions use this indicator to evaluate Morocco's fiscal position and compare it to other countries.
Key Facts
- Morocco's government consumption expenditure was 18.4% of GDP in 2021.
- The share of government consumption has declined from a high of 21.4% in 2010.
- Morocco's government consumption share is lower than the world average of around 20%.
FAQs
Q: What does this economic trend measure?
A: This indicator measures the percentage of Morocco's total economic output (GDP) that is accounted for by government consumption expenditures.
Q: Why is this trend relevant for users or analysts?
A: This metric is used by economists and policymakers to assess the size and role of the government in Morocco's economy, which has implications for fiscal sustainability and economic development.
Q: How is this data collected or calculated?
A: The data is compiled by the World Bank using national accounts statistics and purchasing power parity exchange rates to allow for cross-country comparisons.
Q: How is this trend used in economic policy?
A: Governments and multilateral institutions use this indicator to evaluate Morocco's fiscal position and compare it to other countries, informing policy decisions around government spending and economic reforms.
Q: Are there update delays or limitations?
A: The data is published annually with a lag of around two years, so the most recent figure may not reflect the current economic situation.
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Citation
U.S. Federal Reserve, Share of Government Consumption at Current Purchasing Power Parities for Morocco (CSHGCPMAA156NRUG), retrieved from FRED.