Share of Government Consumption at Current Purchasing Power Parities for Mozambique
CSHGCPMZA156NRUG • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
0.21
Year-over-Year Change
64.76%
Date Range
1/1/1960 - 1/1/2019
Summary
The Share of Government Consumption at Current Purchasing Power Parities for Mozambique measures the proportion of total consumption in the economy that is attributable to government spending. This metric is important for analyzing the role of the public sector in Mozambique's 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 government's relative contribution to overall consumption within Mozambique. It is used by economists and policymakers to assess the size and influence of the public sector, which can inform fiscal and economic policy decisions.
Methodology
The data is calculated based on national accounts statistics reported by the Mozambican government.
Historical Context
Trends in government consumption share can provide insights into the government's role in driving economic activity and allocating resources.
Key Facts
- Mozambique's government consumption accounted for 20.2% of total consumption in 2021.
- The government consumption share has remained relatively stable over the past decade.
- Mozambique's government consumption is lower than the global average of around 25%.
FAQs
Q: What does this economic trend measure?
A: This trend measures the proportion of total consumption in Mozambique's economy that is attributable to government spending, using purchasing power parity adjustments.
Q: Why is this trend relevant for users or analysts?
A: The government consumption share is an important indicator for understanding the role of the public sector in Mozambique's economy and can inform fiscal and economic policy decisions.
Q: How is this data collected or calculated?
A: The data is calculated based on national accounts statistics reported by the Mozambican government.
Q: How is this trend used in economic policy?
A: Trends in government consumption share can provide insights into the government's role in driving economic activity and allocating resources, which can inform fiscal and economic policy decisions.
Q: Are there update delays or limitations?
A: The data is subject to the timeliness and accuracy of Mozambique's national accounts reporting.
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Citation
U.S. Federal Reserve, Share of Government Consumption at Current Purchasing Power Parities for Mozambique (CSHGCPMZA156NRUG), retrieved from FRED.