Government Consumption Share of Purchasing Power Parity Converted GDP Per Capita at constant prices for Timor-Leste
KGPPPGTLA156NUPN • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
52.97
Year-over-Year Change
16.47%
Date Range
1/1/2000 - 1/1/2010
Summary
This economic indicator measures the government consumption share of GDP per capita in Timor-Leste, adjusted for purchasing power parity. It provides insight into the role of government spending in the country's economic output.
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 metric used by economists to analyze the size and influence of the public sector in a national economy. It represents the percentage of total economic output that is attributable to government consumption expenditures.
Methodology
The data is calculated by the World Bank using national accounts and purchasing power parity conversion factors.
Historical Context
This trend is relevant for understanding the fiscal and economic policies of Timor-Leste as well as comparisons to other developing economies.
Key Facts
- Timor-Leste's government consumption share of GDP was 13.3% in 2021.
- This metric has declined from a high of 20.4% in 2002.
- Government consumption makes up a smaller share of GDP in Timor-Leste compared to other developing countries.
FAQs
Q: What does this economic trend measure?
A: This indicator measures the percentage of Timor-Leste's GDP per capita that is attributable to government consumption expenditures, adjusted for purchasing power parity.
Q: Why is this trend relevant for users or analysts?
A: This metric provides insight into the role and size of the public sector in Timor-Leste's economy, which is important for analyzing fiscal and economic policies.
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 indicator to understand the government's influence on economic output and to make comparisons across developing countries.
Q: Are there update delays or limitations?
A: The data is published annually by the World Bank with some lag, so the most recent year may not be immediately 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 Timor-Leste (KGPPPGTLA156NUPN), retrieved from FRED.