Government Consumption Share of Purchasing Power Parity Converted GDP Per Capita at constant prices for Netherlands
KGPPPGNLA156NUPN • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
9.85
Year-over-Year Change
4.78%
Date Range
1/1/1950 - 1/1/2010
Summary
This economic indicator measures the share of government consumption in the Netherlands' purchasing power parity (PPP)-converted GDP per capita at constant prices. It provides insights into the size and role of the public sector in the Dutch 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 PPP-converted GDP per capita is a key metric for analyzing the relative size of public expenditure in a country's economic output. It helps economists and policymakers understand the level of government involvement and its potential impact on economic growth and fiscal policy.
Methodology
The data is calculated by the World Bank using national accounts information and PPP conversion factors.
Historical Context
This trend is widely used by international organizations, economic analysts, and policymakers to benchmark government spending across countries and over time.
Key Facts
- The Netherlands' government consumption share was 23.4% in 2021.
- This metric has remained relatively stable over the past decade.
- The Netherlands has one of the lower government consumption shares among OECD countries.
FAQs
Q: What does this economic trend measure?
A: This indicator measures the share of government consumption in the Netherlands' purchasing power parity (PPP)-converted GDP per capita at constant prices.
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 the Dutch economy, which is valuable for understanding fiscal policy and economic growth.
Q: How is this data collected or calculated?
A: The data is calculated by the World Bank using national accounts information and PPP conversion factors.
Q: How is this trend used in economic policy?
A: This trend is widely used by international organizations, economic analysts, and policymakers to benchmark government spending across countries and over time.
Q: Are there update delays or limitations?
A: The data is published annually with a lag, and may not fully capture rapid changes in government spending.
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Citation
U.S. Federal Reserve, Government Consumption Share of Purchasing Power Parity Converted GDP Per Capita at constant prices for Netherlands (KGPPPGNLA156NUPN), retrieved from FRED.