Share of Government Consumption at Current Purchasing Power Parities for Bhutan
CSHGCPBTA156NRUG • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
0.29
Year-over-Year Change
-17.27%
Date Range
1/1/1970 - 1/1/2019
Summary
The Share of Government Consumption at Current Purchasing Power Parities for Bhutan measures the percentage of Bhutan's total consumption expenditure that is attributable to government spending. This metric is important for economists and policymakers to understand the role of the public sector in the Bhutanese 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
This economic indicator represents the relative size of government consumption in Bhutan's overall economy, based on purchasing power parity (PPP) exchange rates. It provides insight into the government's fiscal policies and its participation in domestic consumption and production.
Methodology
The data is calculated by the World Bank using national accounts and PPP conversion factors.
Historical Context
Analysts use this trend to assess Bhutan's economic structure and the state's involvement in the domestic market.
Key Facts
- Government consumption accounted for 22.2% of Bhutan's total consumption in 2020.
- Bhutan's government consumption share has remained relatively stable over the past decade.
- Bhutan has one of the higher government consumption shares among developing economies in South Asia.
FAQs
Q: What does this economic trend measure?
A: This indicator measures the percentage of Bhutan's total consumption expenditure that is attributable to government spending, based on purchasing power parity (PPP) exchange rates.
Q: Why is this trend relevant for users or analysts?
A: This metric provides insight into the role of the public sector in Bhutan's economy and can inform analysts' understanding of the government's fiscal policies and participation in domestic consumption and production.
Q: How is this data collected or calculated?
A: The data is calculated by the World Bank using national accounts data and PPP conversion factors.
Q: How is this trend used in economic policy?
A: Analysts and policymakers use this trend to assess Bhutan's economic structure and the state's involvement in the domestic market, which can inform fiscal and macroeconomic policy decisions.
Q: Are there update delays or limitations?
A: The data is published annually by the World Bank, with some delay in availability compared to the reference year.
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Citation
U.S. Federal Reserve, Share of Government Consumption at Current Purchasing Power Parities for Bhutan (CSHGCPBTA156NRUG), retrieved from FRED.