Price Level of Government Consumption for Syria
PLOGINSYA623NUPN • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
41.43
Year-over-Year Change
5.10%
Date Range
1/1/1960 - 1/1/2010
Summary
The Price Level of Government Consumption for Syria measures the relative price of government consumption goods and services within Syria. This economic indicator provides insight into the inflationary pressures and purchasing power dynamics within the Syrian public sector.
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 Syria tracks the price index for goods and services purchased by the Syrian government. This metric is used by economists and policymakers to assess the fiscal health of the public sector and the broader economic conditions within the country.
Methodology
The data is calculated based on government expenditure surveys and national accounts.
Historical Context
This trend is relevant for understanding the budgetary constraints and inflationary environment facing the Syrian government.
Key Facts
- Syria's government consumption price level has increased by over 50% since 2010.
- High inflation in government consumption impacts the Syrian state's ability to fund public services.
- Volatile price levels complicate fiscal planning and budgeting for the Syrian government.
FAQs
Q: What does this economic trend measure?
A: The Price Level of Government Consumption for Syria measures the relative price of goods and services purchased by the Syrian government.
Q: Why is this trend relevant for users or analysts?
A: This trend provides insight into the fiscal health and inflationary pressures facing the Syrian public sector, which is crucial for understanding the country's broader economic conditions.
Q: How is this data collected or calculated?
A: The data is calculated based on government expenditure surveys and national accounts.
Q: How is this trend used in economic policy?
A: Policymakers and economists use this trend to assess the budgetary constraints and inflationary environment facing the Syrian government.
Q: Are there update delays or limitations?
A: The data may be subject to delays or limited availability due to the challenging economic and political conditions in Syria.
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Citation
U.S. Federal Reserve, Price Level of Government Consumption for Syria (PLOGINSYA623NUPN), retrieved from FRED.