Share of Government Consumption at Current Purchasing Power Parities for Turkey
CSHGCPTRA156NRUG • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
0.20
Year-over-Year Change
12.87%
Date Range
1/1/1950 - 1/1/2019
Summary
The 'Share of Government Consumption at Current Purchasing Power Parities for Turkey' measures the proportion of total consumption expenditure in Turkey that is attributable to government spending. This metric is important for economists and policymakers to assess the size and role of the public sector in the Turkish 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 series represents the government's share of total consumption expenditure in Turkey, adjusted for differences in purchasing power between countries. It provides insight into the relative size and fiscal policy orientation of the Turkish government compared to the private sector.
Methodology
The data is calculated by the OECD using national accounts information and purchasing power parity exchange rates.
Historical Context
Analysts use this metric to evaluate the scale of government involvement in the Turkish economy and the potential impact of fiscal policy decisions.
Key Facts
- Turkey's government consumption share was 14.4% in 2021.
- The metric has fluctuated between 12-15% over the past decade.
- Government consumption accounts for a smaller proportion of total spending in Turkey compared to many other OECD countries.
FAQs
Q: What does this economic trend measure?
A: This series measures the share of total consumption expenditure in Turkey that is attributable to government spending, adjusted for differences in purchasing power between countries.
Q: Why is this trend relevant for users or analysts?
A: This metric provides insight into the relative size and fiscal policy orientation of the Turkish government compared to the private sector, which is useful for economists and policymakers analyzing the Turkish economy.
Q: How is this data collected or calculated?
A: The data is calculated by the OECD using national accounts information and purchasing power parity exchange rates.
Q: How is this trend used in economic policy?
A: Analysts use this metric to evaluate the scale of government involvement in the Turkish economy and the potential impact of fiscal policy decisions.
Q: Are there update delays or limitations?
A: The OECD publishes this data with a lag, so there may be a delay in the most recent information being available.
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Citation
U.S. Federal Reserve, Share of Government Consumption at Current Purchasing Power Parities for Turkey (CSHGCPTRA156NRUG), retrieved from FRED.