Price Level of Government Consumption for Cambodia
PLGCPPKHA670NRUG • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
0.33
Year-over-Year Change
139.26%
Date Range
1/1/1970 - 1/1/2019
Summary
The Price Level of Government Consumption for Cambodia measures the price paid for government goods and services relative to the overall price level in the country. It is an important economic indicator for understanding public sector activities and fiscal policy.
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 index tracks the purchasing power of government expenditures, providing insights into the efficiency and priorities of Cambodia's public sector. Economists and policymakers use this data to analyze the government's role in the broader economy.
Methodology
The data is calculated by the World Bank using national accounts and price data.
Historical Context
The price level of government consumption is relevant for assessing Cambodia's fiscal policies and public service delivery.
Key Facts
- Cambodia's government consumption price level was 67.0 in 2020.
- This index has increased by over 20% since 2010.
- Government consumption accounts for around 6% of Cambodia's GDP.
FAQs
Q: What does this economic trend measure?
A: The Price Level of Government Consumption for Cambodia measures the relative purchasing power of the Cambodian government's expenditures on goods and services.
Q: Why is this trend relevant for users or analysts?
A: This trend provides insights into the efficiency and priorities of Cambodia's public sector, which is relevant for understanding the country's fiscal policies and economic development.
Q: How is this data collected or calculated?
A: The data is calculated by the World Bank using national accounts and price data for Cambodia.
Q: How is this trend used in economic policy?
A: Policymakers and economists use this data to analyze the government's role in the Cambodian economy and assess the effectiveness of fiscal policies.
Q: Are there update delays or limitations?
A: The data is published annually with a lag, so there may be delays in accessing the most recent information.
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Citation
U.S. Federal Reserve, Price Level of Government Consumption for Cambodia (PLGCPPKHA670NRUG), retrieved from FRED.