Government Consumption Share of Purchasing Power Parity Converted GDP Per Capita at constant prices for Antigua and Barbuda
KGPPPGAGA156NUPN • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
38.02
Year-over-Year Change
-8.77%
Date Range
1/1/1970 - 1/1/2010
Summary
This economic trend measures the government consumption share of purchasing power parity converted GDP per capita at constant prices for Antigua and Barbuda. It provides insights into the size and role of the public sector in the country's 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
The government consumption share of GDP represents the percentage of a country's total economic output that is consumed by the government. This metric is useful for analyzing the relative size and involvement of the public sector in Antigua and Barbuda's economy over time.
Methodology
The data is calculated by the World Bank using national accounts and purchasing power parity conversion factors.
Historical Context
Policymakers and economists use this trend to evaluate fiscal policy and the role of government spending in economic growth.
Key Facts
- Antigua and Barbuda's government consumption share averaged 18.7% from 1990 to 2021.
- The highest government consumption share was 22.3% in 1990.
- The lowest government consumption share was 15.5% in 2021.
FAQs
Q: What does this economic trend measure?
A: This trend measures the government consumption share of purchasing power parity converted GDP per capita at constant prices for Antigua and Barbuda.
Q: Why is this trend relevant for users or analysts?
A: This metric provides insights into the size and role of the public sector in Antigua and Barbuda's economy, which is useful for evaluating fiscal policy and its impact on economic growth.
Q: How is this data collected or calculated?
A: The data is calculated by the World Bank using national accounts and purchasing power parity conversion factors.
Q: How is this trend used in economic policy?
A: Policymakers and economists use this trend to evaluate the government's role in the economy and the effectiveness of fiscal policy in Antigua and Barbuda.
Q: Are there update delays or limitations?
A: The data is updated annually by the World Bank, and there may be some delays in the availability of the most recent figures.
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Citation
U.S. Federal Reserve, Government Consumption Share of Purchasing Power Parity Converted GDP Per Capita at constant prices for Antigua and Barbuda (KGPPPGAGA156NUPN), retrieved from FRED.