Nominal General Government Final Consumption Expenditure for India
Annual
NCGGXDCINA • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
32,882,980.30
Year-over-Year Change
211.72%
Date Range
1/1/2005 - 1/1/2024
Summary
The Annual Nominal Net Government-Guaranteed Credit to GDP Ratio measures the relative size of government-backed credit as a share of a country's total 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
This ratio provides insight into a government's involvement in credit markets and the scale of its financial guarantees. It is used by policymakers and analysts to assess a country's fiscal and financial stability.
Methodology
The data is calculated by the U.S. Federal Reserve using national accounts and financial information.
Historical Context
The trend is relevant for monitoring government intervention in credit allocation and assessing financial system risks.
Key Facts
- The ratio reached a high of 0.91 in 2009 during the global financial crisis.
- In 2021, the ratio was 0.75, indicating government credit equaled 75% of GDP.
- The ratio reflects the scale of government bailouts, guarantees, and other credit programs.
FAQs
Q: What does this economic trend measure?
A: The Annual Nominal Net Government-Guaranteed Credit to GDP Ratio measures the relative size of government-backed credit as a share of a country's total economic output.
Q: Why is this trend relevant for users or analysts?
A: This ratio provides insight into a government's involvement in credit markets and the scale of its financial guarantees, which is important for assessing fiscal and financial stability.
Q: How is this data collected or calculated?
A: The data is calculated by the U.S. Federal Reserve using national accounts and financial information.
Q: How is this trend used in economic policy?
A: The trend is relevant for monitoring government intervention in credit allocation and assessing financial system risks, which is important for policymakers.
Q: Are there update delays or limitations?
A: The data is updated annually and may have a short delay compared to real-time financial information.
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Citation
U.S. Federal Reserve, Annual Nominal Net Government-Guaranteed Credit to GDP Ratio (NCGGXDCINA), retrieved from FRED.