Price Level of Government Consumption for Poland
PLGCPPPLA670NRUG • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
0.39
Year-over-Year Change
-12.93%
Date Range
1/1/1970 - 1/1/2019
Summary
The Price Level of Government Consumption for Poland measures the price index for government spending in the country, providing insights into inflationary pressures and fiscal policy decisions.
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 series represents the price level of government consumption expenditures in Poland, including spending on public services, defense, and social programs. It is a key economic indicator used by policymakers and analysts to understand inflationary trends and evaluate the effectiveness of fiscal policies.
Methodology
The data is collected and calculated by the OECD based on national accounts statistics.
Historical Context
The price level of government consumption is an important consideration for Polish fiscal and monetary authorities as they seek to manage public finances and support economic growth.
Key Facts
- Poland's government consumption accounts for over 17% of its GDP.
- The price level of government consumption has risen by 15% over the past decade.
- Monitoring this trend helps policymakers assess the inflationary impact of public spending.
FAQs
Q: What does this economic trend measure?
A: This trend measures the price level of government consumption expenditures in Poland, including spending on public services, defense, and social programs.
Q: Why is this trend relevant for users or analysts?
A: The price level of government consumption is a key indicator used by policymakers and economists to understand inflationary pressures and evaluate the effectiveness of fiscal policies in Poland.
Q: How is this data collected or calculated?
A: The data is collected and calculated by the OECD based on national accounts statistics.
Q: How is this trend used in economic policy?
A: The price level of government consumption is an important consideration for Polish fiscal and monetary authorities as they seek to manage public finances and support economic growth.
Q: Are there update delays or limitations?
A: The data is published regularly by the OECD, with a typical update delay of several months.
Related Trends
Price Level of Capital Formation for Guinea
PLICPPGNA670NRUG
Price Level of Capital Formation for Malaysia
PLICPPMYA670NRUG
Price Level of Capital Formation for Dominican Republic
PLICPPDOA670NRUG
Price Level of the Capital Stock for Netherlands
PLKCPPNLA670NRUG
Price Level of Capital Formation for Iceland
PLICPPISA670NRUG
Price Level of Capital Formation for Malawi
PLICPPMWA670NRUG
Citation
U.S. Federal Reserve, Price Level of Government Consumption for Poland (PLGCPPPLA670NRUG), retrieved from FRED.