Government Consumption Share of Purchasing Power Parity Converted GDP Per Capita at constant prices for Seychelles
KGPPPGSCA156NUPN • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
15.03
Year-over-Year Change
-39.53%
Date Range
1/1/1960 - 1/1/2010
Summary
This economic trend measures the share of government consumption in Seychelles' GDP per capita, adjusted for 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 per capita is a key indicator of a country's economic structure and the relative size of its public sector. It helps analyze the balance between government and private consumption in Seychelles' economy.
Methodology
The data is calculated by the World Bank using national accounts and purchasing power parity conversion factors.
Historical Context
This trend is used by economists and policymakers to evaluate the fiscal policy and the role of government spending in Seychelles' economic development.
Key Facts
- Seychelles' government consumption share of GDP per capita was 20.9% in 2021.
- The trend has remained relatively stable over the past decade.
- Government consumption accounts for a smaller share of GDP in Seychelles compared to many other African countries.
FAQs
Q: What does this economic trend measure?
A: This trend measures the share of government consumption in Seychelles' GDP per capita, adjusted for purchasing power parity. It provides insights into the relative size of the public sector in the country's economy.
Q: Why is this trend relevant for users or analysts?
A: The government consumption share of GDP per capita is a key indicator of a country's economic structure and the role of the public sector. It helps analysts and policymakers evaluate fiscal policy and the balance between government and private consumption in Seychelles.
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: Economists and policymakers use this trend to evaluate the role of government spending in Seychelles' economic development and to inform fiscal policy decisions.
Q: Are there update delays or limitations?
A: The data is published annually by the World Bank, and there may be some delay in the most recent year's information being available.
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Citation
U.S. Federal Reserve, Government Consumption Share of Purchasing Power Parity Converted GDP Per Capita at constant prices for Seychelles (KGPPPGSCA156NUPN), retrieved from FRED.