Share of Government Consumption at Current Purchasing Power Parities for Nepal
CSHGCPNPA156NRUG • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
0.10
Year-over-Year Change
-14.68%
Date Range
1/1/1960 - 1/1/2019
Summary
The Share of Government Consumption at Current Purchasing Power Parities for Nepal measures the proportion of a country's total consumption expenditure that is attributed to government spending. This statistic is important for economists and policymakers to assess the size and role of the public sector in a national 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 relative size of government consumption as a share of total consumption in Nepal, adjusted for differences in purchasing power between countries. It is a useful metric for cross-country comparisons and analyzing the fiscal policies and macroeconomic conditions of a nation.
Methodology
The data is calculated by the World Bank using national accounts and purchasing power parity (PPP) conversion factors.
Historical Context
Governments use this metric to benchmark their public spending levels compared to other countries and evaluate the effectiveness of fiscal policies.
Key Facts
- Nepal's government consumption share was 10.3% in 2021.
- The indicator has remained relatively stable over the past decade.
- Government consumption is a key component of a country's GDP.
FAQs
Q: What does this economic trend measure?
A: This indicator measures the proportion of total consumption expenditure in Nepal that is attributed to government spending, adjusted for differences in purchasing power.
Q: Why is this trend relevant for users or analysts?
A: This metric is relevant for economists and policymakers to assess the size and role of the public sector in Nepal's economy and make cross-country comparisons.
Q: How is this data collected or calculated?
A: The World Bank calculates this indicator using national accounts data and purchasing power parity (PPP) conversion factors.
Q: How is this trend used in economic policy?
A: Governments use this metric to benchmark their public spending levels compared to other countries and evaluate the effectiveness of their fiscal policies.
Q: Are there update delays or limitations?
A: The data is published annually with a lag, and may not capture the most recent economic conditions in Nepal.
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Citation
U.S. Federal Reserve, Share of Government Consumption at Current Purchasing Power Parities for Nepal (CSHGCPNPA156NRUG), retrieved from FRED.