Share of Government Consumption at Current Purchasing Power Parities for Mauritius
CSHGCPMUA156NRUG • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
0.21
Year-over-Year Change
23.78%
Date Range
1/1/1950 - 1/1/2019
Summary
The 'Share of Government Consumption at Current Purchasing Power Parities for Mauritius' measures the proportion of total consumption in Mauritius that is attributed to government expenditures. This metric is important for economists and policymakers to assess the role of the public sector in the Mauritian 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 indicator represents the share of total consumption in Mauritius that is accounted for by government spending, adjusting for differences in purchasing power across countries. It provides insight into the size and involvement of the public sector in the Mauritian economy compared to private consumption.
Methodology
The data is calculated by the World Bank using national accounts and purchasing power parity conversion factors.
Historical Context
Economists and policymakers use this metric to evaluate the fiscal policy stance and public sector's role in Mauritius' economic development.
Key Facts
- Government consumption is around 15% of total consumption in Mauritius.
- The share of government consumption has remained relatively stable over the past decade.
- Mauritius has a lower government consumption share compared to many other African economies.
FAQs
Q: What does this economic trend measure?
A: This trend measures the proportion of total consumption in Mauritius that is attributed 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 size and involvement of the public sector in the Mauritian economy, which is important for evaluating fiscal policy and 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 conversion factors.
Q: How is this trend used in economic policy?
A: Economists and policymakers use this metric to assess the fiscal policy stance and public sector's role in Mauritius' economic development.
Q: Are there update delays or limitations?
A: The data may have a delay of a few years, as it relies on national accounts and purchasing power parity data.
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Citation
U.S. Federal Reserve, Share of Government Consumption at Current Purchasing Power Parities for Mauritius (CSHGCPMUA156NRUG), retrieved from FRED.