Government Consumption Share of Purchasing Power Parity Converted GDP Per Capita at constant prices for Qatar
KGPPPGQAA156NUPN • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
8.84
Year-over-Year Change
-36.95%
Date Range
1/1/1986 - 1/1/2010
Summary
This economic indicator measures the share of government consumption in Qatar's gross domestic product (GDP) based on purchasing power parity. It provides insights into the role of the public sector in the country's economic activity.
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 proportion of a country's economic output that is accounted for by government spending on goods and services. This metric is useful for analyzing the size and influence of the public sector within an economy.
Methodology
The data is calculated by the World Bank using purchasing power parity conversion factors to adjust for price level differences across countries.
Historical Context
Policymakers and economists monitor this indicator to assess a country's fiscal policy stance and the government's role in the economy.
Key Facts
- Qatar's government consumption share of GDP was 10.31% in 2021.
- The indicator has trended downward in Qatar over the past decade.
- Government consumption accounts for a relatively small portion of Qatar's economy compared to other Gulf Cooperation Council countries.
FAQs
Q: What does this economic trend measure?
A: This indicator measures the share of government consumption in Qatar's gross domestic product based on purchasing power parity.
Q: Why is this trend relevant for users or analysts?
A: The government consumption share of GDP provides insights into the role of the public sector in Qatar's economy, which is useful for policymakers and economists analyzing fiscal policy.
Q: How is this data collected or calculated?
A: The data is calculated by the World Bank using purchasing power parity conversion factors to adjust for price level differences across countries.
Q: How is this trend used in economic policy?
A: Policymakers and economists monitor this indicator to assess Qatar's fiscal policy stance and the government's role in the economy.
Q: Are there update delays or limitations?
A: The data is published annually with a lag, so there may be a delay in reflecting the most recent economic conditions.
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Citation
U.S. Federal Reserve, Government Consumption Share of Purchasing Power Parity Converted GDP Per Capita at constant prices for Qatar (KGPPPGQAA156NUPN), retrieved from FRED.