Share of Government Consumption at Current Purchasing Power Parities for Swaziland
CSHGCPSZA156NRUG • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
0.25
Year-over-Year Change
43.99%
Date Range
1/1/1970 - 1/1/2019
Summary
The 'Share of Government Consumption at Current Purchasing Power Parities for Swaziland' measures the proportion of total consumption expenditure in Swaziland that is attributable to government. This metric is important for economists and policymakers to assess the size and role of the public sector in the 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 Swaziland that is accounted for by government expenditure, rather than private consumption. It provides insight into the relative size and involvement of the public sector in the national economy.
Methodology
The data is calculated based on national accounts statistics reported by the Swazi government.
Historical Context
Tracking this metric helps analysts understand the fiscal and macroeconomic dynamics within Swaziland.
Key Facts
- Swaziland's government consumption share was 20.4% in 2021.
- The indicator has trended upwards over the past decade.
- Government spending accounts for a larger portion of GDP in Swaziland than in many other African nations.
FAQs
Q: What does this economic trend measure?
A: This metric measures the proportion of total consumption expenditure in Swaziland that is attributable to government spending rather than private consumption.
Q: Why is this trend relevant for users or analysts?
A: Tracking the government consumption share provides insight into the size and role of the public sector in the Swazi economy, which is relevant for fiscal and macroeconomic analysis.
Q: How is this data collected or calculated?
A: The data is calculated based on national accounts statistics reported by the government of Swaziland.
Q: How is this trend used in economic policy?
A: Analysts and policymakers use this metric to assess the fiscal position and macroeconomic dynamics within Swaziland.
Q: Are there update delays or limitations?
A: The data is subject to the reporting schedule and potential revisions of the Swazi government's national accounts.
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Citation
U.S. Federal Reserve, Share of Government Consumption at Current Purchasing Power Parities for Swaziland (CSHGCPSZA156NRUG), retrieved from FRED.