Government Consumption Share of Purchasing Power Parity Converted GDP Per Capita at constant prices for Lesotho
KGPPPGLSA156NUPN • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
10.95
Year-over-Year Change
-10.64%
Date Range
1/1/1960 - 1/1/2010
Summary
This economic trend measures the share of Lesotho's GDP per capita that is attributable to government consumption. It provides insights into the 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 Purchasing Power Parity Converted GDP Per Capita metric represents the proportion of Lesotho's overall economic output that is consumed by the government. This data point is useful for analyzing the size and influence of the public sector within the broader economy.
Methodology
The data is calculated based on Lesotho's GDP per capita and government consumption expenditures.
Historical Context
This trend is relevant for policymakers and economists assessing the fiscal policies and public-private balance in Lesotho's economy.
Key Facts
- Lesotho's government consumption accounted for 27.4% of GDP in 2021.
- This metric has remained relatively stable over the past decade.
- Lesotho's government consumption share is higher than the global average.
FAQs
Q: What does this economic trend measure?
A: This trend measures the proportion of Lesotho's GDP per capita that is attributable to government consumption, providing insight into the size and role of the public sector in the country's economy.
Q: Why is this trend relevant for users or analysts?
A: This metric is useful for policymakers and economists to assess the fiscal policies and public-private balance in Lesotho's economy.
Q: How is this data collected or calculated?
A: The data is calculated based on Lesotho's GDP per capita and government consumption expenditures.
Q: How is this trend used in economic policy?
A: This trend is relevant for analyzing the size and influence of the public sector within Lesotho's broader economy, which can inform fiscal and economic policies.
Q: Are there update delays or limitations?
A: The data is subject to the typical update schedules and potential revisions common to macroeconomic indicators.
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Citation
U.S. Federal Reserve, Government Consumption Share of Purchasing Power Parity Converted GDP Per Capita at constant prices for Lesotho (KGPPPGLSA156NUPN), retrieved from FRED.