Share of Government Consumption at Current Purchasing Power Parities for Egypt
CSHGCPEGA156NRUG • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
0.12
Year-over-Year Change
-10.92%
Date Range
1/1/1950 - 1/1/2019
Summary
The Share of Government Consumption at Current Purchasing Power Parities for Egypt measures the proportion of a country's total economic output that is consumed by the government 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
This indicator provides insight into the role and size of the public sector within Egypt's economy. It is used by economists and policymakers to analyze government fiscal policy and budget priorities.
Methodology
The data is calculated by the World Bank using national accounts and purchasing power parity conversion factors.
Historical Context
This metric is relevant for understanding Egypt's economic structure and the government's role in resource allocation.
Key Facts
- Egypt's government consumption share was 11.4% in 2021.
- The government consumption share has remained relatively stable over the past decade.
- Egypt's public sector is smaller than the global average of 17.7%.
FAQs
Q: What does this economic trend measure?
A: This indicator measures the share of Egypt's total economic output that is consumed by the government sector, providing insight into the size and role of the public sector.
Q: Why is this trend relevant for users or analysts?
A: This metric is important for understanding Egypt's economic structure and the government's fiscal policy priorities.
Q: How is this data collected or calculated?
A: The data is calculated by the World Bank using national accounts and purchasing power parity conversion factors.
Q: How is this trend used in economic policy?
A: Economists and policymakers use this metric to analyze the government's role in resource allocation and the overall size of the public sector within Egypt's economy.
Q: Are there update delays or limitations?
A: The data is published annually by the World Bank, with potential lags in availability.
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Citation
U.S. Federal Reserve, Share of Government Consumption at Current Purchasing Power Parities for Egypt (CSHGCPEGA156NRUG), retrieved from FRED.