Share of Government Consumption at Current Purchasing Power Parities for Tunisia
CSHGCPTNA156NRUG • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
0.21
Year-over-Year Change
5.15%
Date Range
1/1/1960 - 1/1/2019
Summary
The Share of Government Consumption at Current Purchasing Power Parities for Tunisia measures the proportion of a country's total economic output that is attributable to government consumption expenditures, providing insights into the 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 economic indicator represents the share of a country's gross domestic product (GDP) that is accounted for by government consumption, which includes spending on goods and services by all levels of government. It is a useful metric for evaluating the size and involvement of the public sector in a national economy.
Methodology
The data is calculated by the World Bank using purchasing power parity (PPP) exchange rates to ensure comparability across countries.
Historical Context
Policymakers and analysts use this indicator to assess the fiscal policies and the role of government in the Tunisian economy.
Key Facts
- Tunisia's government consumption as a share of GDP was 19.4% in 2021.
- The share of government consumption has remained relatively stable in Tunisia over the past decade.
- Government consumption is a key component of a country's aggregate demand and fiscal policy.
FAQs
Q: What does this economic trend measure?
A: This indicator measures the proportion of Tunisia's total economic output that is attributable to government consumption expenditures, providing insights into the role of the public sector in the economy.
Q: Why is this trend relevant for users or analysts?
A: This metric is relevant for evaluating the size and involvement of the public sector in the Tunisian economy, which is important for understanding fiscal policies and their potential impact on economic growth and development.
Q: How is this data collected or calculated?
A: The data is calculated by the World Bank using purchasing power parity (PPP) exchange rates to ensure comparability across countries.
Q: How is this trend used in economic policy?
A: Policymakers and analysts use this indicator to assess the fiscal policies and the role of government in the Tunisian economy, which can inform decision-making on public spending, taxation, and other economic policies.
Q: Are there update delays or limitations?
A: The data is published annually by the World Bank, and there may be some delays in the most recent updates being available.
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Citation
U.S. Federal Reserve, Share of Government Consumption at Current Purchasing Power Parities for Tunisia (CSHGCPTNA156NRUG), retrieved from FRED.