Price Level of Government Consumption for Antigua and Barbuda
PLOGINAGA623NUPN • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
22.13
Year-over-Year Change
-10.44%
Date Range
1/1/1970 - 1/1/2010
Summary
The Price Level of Government Consumption for Antigua and Barbuda measures the relative cost of government goods and services in the country compared to a reference level.
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 provides insight into the purchasing power of government budgets and the real purchasing power of government expenditures in Antigua and Barbuda. It is a key indicator used by economists and policymakers to assess fiscal policy and government spending effectiveness.
Methodology
The data is calculated based on national accounts and government budget statistics.
Historical Context
This metric is relevant for analyzing government fiscal policy, public sector efficiency, and the real value of government spending in Antigua and Barbuda.
Key Facts
- The index is based on 2017 = 100.
- Antigua and Barbuda is a small island country in the Caribbean.
- Government consumption accounts for a significant portion of GDP.
FAQs
Q: What does this economic trend measure?
A: The Price Level of Government Consumption for Antigua and Barbuda measures the relative cost of goods and services purchased by the government compared to a reference level.
Q: Why is this trend relevant for users or analysts?
A: This index provides insight into the purchasing power of government budgets and the real value of government expenditures in Antigua and Barbuda, which is important for assessing fiscal policy and public sector efficiency.
Q: How is this data collected or calculated?
A: The data is calculated based on national accounts and government budget statistics.
Q: How is this trend used in economic policy?
A: This metric is relevant for analyzing government fiscal policy, public sector efficiency, and the real value of government spending in Antigua and Barbuda.
Q: Are there update delays or limitations?
A: The data may be subject to periodic revisions and updates by the statistical agencies responsible for its collection and publication.
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Citation
U.S. Federal Reserve, Price Level of Government Consumption for Antigua and Barbuda (PLOGINAGA623NUPN), retrieved from FRED.