Price Level of Government Consumption for Netherlands
PLOGINNLA623NUPN • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
119.91
Year-over-Year Change
18.20%
Date Range
1/1/1950 - 1/1/2010
Summary
The Price Level of Government Consumption for Netherlands measures the relative cost of government goods and services in the Netherlands compared to the overall price level in the country.
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 cost-efficiency of government spending and the relative purchasing power of public budgets within the Netherlands. Economists and policymakers use this data to assess the affordability and value of government programs.
Methodology
The data is calculated based on prices collected by national statistical agencies.
Historical Context
This metric is used to inform fiscal and economic policy decisions in the Netherlands.
Key Facts
- The index is based on 2017 = 100.
- Prices are measured relative to the overall price level in the country.
- The index can fluctuate based on exchange rates and productivity changes.
FAQs
Q: What does this economic trend measure?
A: The Price Level of Government Consumption for Netherlands measures the relative cost of government goods and services compared to the overall price level in the country.
Q: Why is this trend relevant for users or analysts?
A: This index provides insight into the cost-efficiency of government spending and the relative purchasing power of public budgets within the Netherlands, which is useful for economic and fiscal policy analysis.
Q: How is this data collected or calculated?
A: The data is calculated based on prices collected by national statistical agencies in the Netherlands.
Q: How is this trend used in economic policy?
A: This metric is used to inform fiscal and economic policy decisions in the Netherlands, as it reflects the affordability and value of government programs.
Q: Are there update delays or limitations?
A: The data may be subject to periodic revisions and updates by the statistical agencies that collect the underlying price information.
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Citation
U.S. Federal Reserve, Price Level of Government Consumption for Netherlands (PLOGINNLA623NUPN), retrieved from FRED.