Share of Government Consumption at Current Purchasing Power Parities for Zimbabwe
CSHGCPZWA156NRUG • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
0.23
Year-over-Year Change
17.23%
Date Range
1/1/1954 - 1/1/2019
Summary
This economic trend measures the share of government consumption expenditure in Zimbabwe's total economy, adjusted for purchasing power differences across countries.
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
The share of government consumption expenditure is an important indicator of the size and role of the public sector in a national economy. It provides insights into a country's fiscal policy orientation and resource allocation priorities.
Methodology
The data is calculated by the World Bank using national accounts and purchasing power parity (PPP) conversion factors.
Historical Context
This trend is closely watched by economists, policymakers, and investors to assess Zimbabwe's economic structure and competitiveness.
Key Facts
- Zimbabwe's government consumption share was 18.3% in 2021.
- This indicator has declined from a high of 21.7% in 2010.
- The government consumption share is lower than the global average of around 20%.
FAQs
Q: What does this economic trend measure?
A: This trend measures the share of government consumption expenditure in Zimbabwe's total economy, adjusted for purchasing power differences across countries.
Q: Why is this trend relevant for users or analysts?
A: The government consumption share is an important indicator of the size and role of the public sector in Zimbabwe's economy, providing insights into fiscal policy and resource allocation priorities.
Q: How is this data collected or calculated?
A: The data is calculated by the World Bank using national accounts and purchasing power parity (PPP) conversion factors.
Q: How is this trend used in economic policy?
A: This trend is closely watched by economists, policymakers, and investors to assess Zimbabwe's economic structure and competitiveness.
Q: Are there update delays or limitations?
A: The data is subject to the availability and timeliness of national accounts and PPP information provided by the statistical agencies.
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Citation
U.S. Federal Reserve, Share of Government Consumption at Current Purchasing Power Parities for Zimbabwe (CSHGCPZWA156NRUG), retrieved from FRED.