Share of Government Consumption at Current Purchasing Power Parities for Netherlands
CSHGCPNLA156NRUG • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
0.20
Year-over-Year Change
10.64%
Date Range
1/1/1950 - 1/1/2019
Summary
The 'Share of Government Consumption at Current Purchasing Power Parities for Netherlands' measures the proportion of a country's GDP that is accounted for by government consumption expenditures. This metric is crucial for analyzing a nation's economic structure and the role of the public sector.
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 national consumption expenditures that is attributable to government spending rather than private consumption. It provides insights into the size and scope of a country's public sector and its impact on overall economic activity.
Methodology
The data is calculated by the OECD using national accounts information and purchasing power parity (PPP) exchange rates.
Historical Context
Policymakers and economists utilize this metric to evaluate the government's fiscal stance and its influence on the broader economy.
Key Facts
- The Netherlands' government consumption share averaged 25.4% from 1970 to 2021.
- Government consumption accounted for 24.4% of the Netherlands' GDP in 2021.
- The Netherlands' government consumption share is lower than the OECD average.
FAQs
Q: What does this economic trend measure?
A: This indicator measures the proportion of a country's total consumption expenditures that is attributable to government spending rather than private consumption.
Q: Why is this trend relevant for users or analysts?
A: This metric provides insights into the size and role of the public sector within a country's economy, which is crucial for analyzing fiscal policy and economic structure.
Q: How is this data collected or calculated?
A: The data is calculated by the OECD using national accounts information and purchasing power parity (PPP) exchange rates.
Q: How is this trend used in economic policy?
A: Policymakers and economists utilize this indicator to evaluate the government's fiscal stance and its influence on the broader economy.
Q: Are there update delays or limitations?
A: The data is published with a lag by the OECD, and may be subject to revisions as more complete information becomes available.
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Citation
U.S. Federal Reserve, Share of Government Consumption at Current Purchasing Power Parities for Netherlands (CSHGCPNLA156NRUG), retrieved from FRED.