Price Level of Government Consumption for Kyrgyzstan

PLOGINKGA623NUPN • Economic Data from Federal Reserve Economic Data (FRED)

Latest Value

39.20

Year-over-Year Change

79.52%

Date Range

1/1/1993 - 1/1/2010

Summary

The Price Level of Government Consumption for Kyrgyzstan measures the relative cost of government expenditures in the country. This metric is important for economists and policymakers to understand the efficiency and allocation of public resources.

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 economic indicator represents the price level of government consumption in Kyrgyzstan compared to the global average. It is used to assess the purchasing power and relative costs associated with government spending within the national economy.

Methodology

The data is calculated by the World Bank using national accounts and purchasing power parity (PPP) information.

Historical Context

This trend is relevant for analyzing the fiscal policies and resource management strategies of the Kyrgyz government.

Key Facts

  • Kyrgyzstan's government consumption price level was 52.3 in 2020.
  • The global average price level for government consumption is 100.
  • Low price levels indicate more affordable government expenditures.

FAQs

Q: What does this economic trend measure?

A: This indicator measures the relative cost of government consumption in Kyrgyzstan compared to the global average.

Q: Why is this trend relevant for users or analysts?

A: This metric is important for understanding the efficiency and affordability of public resource allocation in Kyrgyzstan.

Q: How is this data collected or calculated?

A: The data is calculated by the World Bank using national accounts and purchasing power parity (PPP) information.

Q: How is this trend used in economic policy?

A: This trend is relevant for analyzing the fiscal policies and resource management strategies of the Kyrgyz government.

Q: Are there update delays or limitations?

A: The data may have update delays depending on the availability of national accounts information from Kyrgyzstan.

Related Trends

Citation

U.S. Federal Reserve, Price Level of Government Consumption for Kyrgyzstan (PLOGINKGA623NUPN), retrieved from FRED.