Price Level of Government Consumption for Seychelles
PLOGINSCA623NUPN • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
35.26
Year-over-Year Change
10.05%
Date Range
1/1/1960 - 1/1/2010
Summary
The Price Level of Government Consumption for Seychelles is an economic indicator that measures the cost of government spending in the country. It is a valuable metric for economists and policymakers to understand the fiscal health and policies of the Seychelles 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
The Price Level of Government Consumption for Seychelles is an index that tracks the cost of goods and services purchased by the government. It provides insights into the efficiency and inflationary pressures within the public sector, which can inform fiscal and monetary policy decisions.
Methodology
The data is calculated by the International Monetary Fund based on national accounts and government expenditure data.
Historical Context
Policymakers and analysts use this trend to assess the Seychelles government's ability to manage public finances and control costs.
Key Facts
- The index is based on 2015 as the base year.
- Seychelles is an island nation located in the Indian Ocean.
- Government consumption accounts for over 20% of Seychelles' GDP.
FAQs
Q: What does this economic trend measure?
A: The Price Level of Government Consumption for Seychelles measures the cost of goods and services purchased by the government, providing insights into fiscal efficiency and inflationary pressures.
Q: Why is this trend relevant for users or analysts?
A: This trend is relevant for understanding the fiscal health and policies of the Seychelles government, which can inform economic decision-making and policy.
Q: How is this data collected or calculated?
A: The data is calculated by the International Monetary Fund based on national accounts and government expenditure data.
Q: How is this trend used in economic policy?
A: Policymakers and analysts use this trend to assess the Seychelles government's ability to manage public finances and control costs, which can inform fiscal and monetary policy decisions.
Q: Are there update delays or limitations?
A: The data is subject to the release schedule and methodological decisions of the International Monetary Fund.
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Citation
U.S. Federal Reserve, Price Level of Government Consumption for Seychelles (PLOGINSCA623NUPN), retrieved from FRED.