Price Level of Government Consumption for Timor-Leste
PLOGINTLA623NUPN • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
33.41
Year-over-Year Change
21.23%
Date Range
1/1/2000 - 1/1/2010
Summary
The Price Level of Government Consumption for Timor-Leste measures the relative purchasing power of government spending in the country. This metric is important for economists and policymakers to understand the real purchasing power of government budgets and fiscal policy impacts.
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 represents the price level of government consumption expenditures in Timor-Leste, expressed as an index where the base year is 100. It provides insights into the real value and cost-effectiveness of government spending and helps analyze the purchasing power of fiscal policy.
Methodology
The data is calculated by the World Bank using national accounts and price survey information.
Historical Context
Tracking this trend helps policymakers in Timor-Leste assess the impact of government spending and budget allocations on the local economy.
Key Facts
- Timor-Leste is a lower-middle-income country in Southeast Asia.
- Government spending accounts for over 50% of GDP in Timor-Leste.
- The price level index is based on 2010 as the base year.
FAQs
Q: What does this economic trend measure?
A: This trend measures the relative purchasing power of government consumption expenditures in Timor-Leste. It provides an index of the price level for government spending in the country.
Q: Why is this trend relevant for users or analysts?
A: Tracking the price level of government consumption is important for assessing the real impact and cost-effectiveness of fiscal policy in Timor-Leste. It helps policymakers understand the purchasing power of government budgets.
Q: How is this data collected or calculated?
A: The data is calculated by the World Bank using national accounts information and price survey data from Timor-Leste.
Q: How is this trend used in economic policy?
A: This trend is used by economists and policymakers in Timor-Leste to evaluate the real-world impact of government spending and fiscal policy decisions on the local economy.
Q: Are there update delays or limitations?
A: There may be lags in data reporting, and the index is limited to government consumption expenditures without capturing the full scope of fiscal policy.
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Citation
U.S. Federal Reserve, Price Level of Government Consumption for Timor-Leste (PLOGINTLA623NUPN), retrieved from FRED.