Share of Government Consumption at Current Purchasing Power Parities for Yemen
CSHGCPYEA156NRUG • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
0.30
Year-over-Year Change
140.97%
Date Range
1/1/1989 - 1/1/2019
Summary
The Share of Government Consumption at Current Purchasing Power Parities for Yemen measures the proportion of a country's total GDP that is attributed to government consumption expenditures, adjusted for differences in purchasing power across economies.
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 metric provides insight into the role of the public sector in Yemen's economy. It is used by economists and policymakers to analyze the government's fiscal policies and their impact on economic growth and development.
Methodology
The data is calculated by the World Bank based on national accounts and purchasing power parity data.
Historical Context
Governments can influence economic outcomes through their spending and consumption levels.
Key Facts
- Yemen's government consumption as a share of GDP was 13.4% in 2021.
- Government consumption has declined from a high of 20.7% in 1990.
- Yemen's government consumption share is lower than the global average.
FAQs
Q: What does this economic trend measure?
A: This trend measures the proportion of Yemen's total GDP that is attributed to government consumption expenditures, adjusted for differences in purchasing power across economies.
Q: Why is this trend relevant for users or analysts?
A: This metric provides insight into the role of the public sector in Yemen's economy and is used by economists and policymakers to analyze the government's fiscal policies and their impact on economic growth and development.
Q: How is this data collected or calculated?
A: The data is calculated by the World Bank based on national accounts and purchasing power parity data.
Q: How is this trend used in economic policy?
A: Governments can influence economic outcomes through their spending and consumption levels, so this trend is used by policymakers to assess the fiscal policy stance and its implications for the broader economy.
Q: Are there update delays or limitations?
A: The data is subject to the availability and timeliness of national accounts and purchasing power parity information from Yemen.
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Citation
U.S. Federal Reserve, Share of Government Consumption at Current Purchasing Power Parities for Yemen (CSHGCPYEA156NRUG), retrieved from FRED.