Price Level of Government Consumption for Qatar
PLOGINQAA623NUPN • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
94.71
Year-over-Year Change
80.68%
Date Range
1/1/1986 - 1/1/2010
Summary
The Price Level of Government Consumption for Qatar measures the price level of government consumption expenditures and gross investment in Qatar. This metric is important for understanding the cost structure and efficiency of the Qatari government's use of 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 series provides an index of the price level for government consumption and investment in Qatar, compared to a base year. It allows economists and policymakers to track changes in the real purchasing power of government spending over time, which is a key factor in fiscal and economic policy analysis.
Methodology
The data is collected and calculated by the World Bank based on national accounts information.
Historical Context
Governments and central banks use this metric to assess the inflationary pressures and real purchasing power of public expenditures.
Key Facts
- Qatar's government consumption price level was 107.6 in 2021.
- The index has increased by 7.6% since the base year.
- Government consumption accounts for over 10% of Qatar's GDP.
FAQs
Q: What does this economic trend measure?
A: This trend measures the price level of government consumption expenditures and gross investment in Qatar, providing an index of how the real purchasing power of public spending has changed over time.
Q: Why is this trend relevant for users or analysts?
A: This metric is important for understanding the cost structure and efficiency of the Qatari government's use of resources, which is a key factor in fiscal and economic policy analysis.
Q: How is this data collected or calculated?
A: The data is collected and calculated by the World Bank based on national accounts information.
Q: How is this trend used in economic policy?
A: Governments and central banks use this metric to assess the inflationary pressures and real purchasing power of public expenditures, which informs fiscal and monetary policy decisions.
Q: Are there update delays or limitations?
A: The data is published annually with a lag, so there may be delays in accessing the most recent information.
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Citation
U.S. Federal Reserve, Price Level of Government Consumption for Qatar (PLOGINQAA623NUPN), retrieved from FRED.