Price Level of Government Consumption for Lesotho
PLOGINLSA623NUPN • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
117.69
Year-over-Year Change
49.34%
Date Range
1/1/1960 - 1/1/2010
Summary
The Price Level of Government Consumption for Lesotho measures the relative cost of government consumption goods and services in Lesotho compared to the global average. It provides insights into the purchasing power and fiscal policies of the Lesotho government.
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 price level of government expenditures in Lesotho, including spending on public services, infrastructure, and other state-provided goods and services. It is used to assess the competitiveness and efficiency of Lesotho's public sector within the global economy.
Methodology
The data is calculated based on national accounts data and purchasing power parity adjustments.
Historical Context
Policymakers and international organizations use this metric to evaluate Lesotho's fiscal policies and government spending relative to other countries.
Key Facts
- Lesotho's government consumption price level was 64.31 in 2020.
- The index has declined from a high of 71.51 in 2015.
- Lesotho's government consumption prices are below the global average.
FAQs
Q: What does this economic trend measure?
A: The Price Level of Government Consumption for Lesotho measures the relative cost of government goods and services in Lesotho compared to the global average.
Q: Why is this trend relevant for users or analysts?
A: This metric provides insights into the purchasing power and fiscal efficiency of the Lesotho government, which is useful for evaluating the country's public sector policies and competitiveness.
Q: How is this data collected or calculated?
A: The data is calculated based on national accounts data and purchasing power parity adjustments.
Q: How is this trend used in economic policy?
A: Policymakers and international organizations use this metric to assess Lesotho's fiscal policies and government spending relative to other countries.
Q: Are there update delays or limitations?
A: The data may have update delays of several months and can be influenced by exchange rate fluctuations and measurement challenges.
Related Trends
Price Level of GDP, G-K method for Ethiopia
PLOGDPETA621NUPN
Price Level of Government Consumption for Mexico
PLOGINMXA623NUPN
Price Level of Government Consumption for Hong Kong SAR
PLOGINHKA623NUPN
Price Level of GDP, G-K method for Hungary
PLOGDPHUA621NUPN
Price Level of GDP, average of GEKS-CPDW for Turkmenistan
PL2GDPTMA621NUPN
Price Level of GDP, average of GEKS-CPDW for Kiribati
PL2GDPKIA621NUPN
Citation
U.S. Federal Reserve, Price Level of Government Consumption for Lesotho (PLOGINLSA623NUPN), retrieved from FRED.