Broad Money for Congo, Republic of
Percent of GDP
COGFMBGDPPT • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
22.58
Year-over-Year Change
112.76%
Date Range
1/1/2000 - 1/1/2026
Summary
The 'Percent of GDP' trend measures the contribution of government final consumption expenditure to total U.S. gross domestic product (GDP). This metric is crucial for economists and policymakers to understand the role of government spending in the broader economy.
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
Government final consumption expenditure represents the value of goods and services produced by government for its own use. This metric provides insight into the fiscal policy stance and the public sector's economic influence.
Methodology
The data is collected and calculated by the U.S. Bureau of Economic Analysis as part of the National Income and Product Accounts.
Historical Context
Tracking the 'Percent of GDP' trend helps inform decisions around fiscal policy, government budgeting, and the balance between public and private economic activity.
Key Facts
- Government final consumption expenditure accounts for around 18% of U.S. GDP.
- The 'Percent of GDP' trend has remained relatively stable over the past decade.
- Government spending as a share of GDP is a key indicator of the public sector's economic role.
FAQs
Q: What does this economic trend measure?
A: The 'Percent of GDP' trend measures the contribution of government final consumption expenditure to total U.S. gross domestic product (GDP).
Q: Why is this trend relevant for users or analysts?
A: This metric provides important insights into the fiscal policy stance and the public sector's economic influence, which is crucial for economists and policymakers.
Q: How is this data collected or calculated?
A: The data is collected and calculated by the U.S. Bureau of Economic Analysis as part of the National Income and Product Accounts.
Q: How is this trend used in economic policy?
A: Tracking the 'Percent of GDP' trend helps inform decisions around fiscal policy, government budgeting, and the balance between public and private economic activity.
Q: Are there update delays or limitations?
A: The data is published quarterly by the U.S. Bureau of Economic Analysis, with typical update delays of 1-2 months.
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Citation
U.S. Federal Reserve, Percent of GDP (COGFMBGDPPT), retrieved from FRED.