Share of Government Consumption at Current Purchasing Power Parities for Japan
CSHGCPJPA156NRUG • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
0.22
Year-over-Year Change
28.11%
Date Range
1/1/1950 - 1/1/2019
Summary
The 'Share of Government Consumption at Current Purchasing Power Parities for Japan' measures the proportion of Japan's total economic output that is attributable to government spending. This metric is important for economists and policymakers to understand the role of the public sector in the Japanese 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 percentage of Japan's total gross domestic product (GDP) that is accounted for by government consumption expenditures. It provides insight into the size and influence of the public sector within the broader Japanese economy.
Methodology
The data is calculated by the OECD using purchasing power parity exchange rates to ensure comparability across countries.
Historical Context
Analysts and policymakers use this metric to assess the fiscal policies and budget priorities of the Japanese government.
Key Facts
- Japan's government consumption accounted for 19.7% of GDP in 2021.
- The share of government consumption has remained relatively stable in Japan over the past decade.
- Government spending plays a significant role in the Japanese economy compared to other major developed countries.
FAQs
Q: What does this economic trend measure?
A: This indicator measures the proportion of Japan's total economic output that is attributable to government consumption expenditures.
Q: Why is this trend relevant for users or analysts?
A: This metric provides insight into the size and influence of the public sector within the broader Japanese economy, which is relevant for understanding fiscal policies and budget priorities.
Q: How is this data collected or calculated?
A: The data is calculated by the OECD using purchasing power parity exchange rates to ensure comparability across countries.
Q: How is this trend used in economic policy?
A: Analysts and policymakers use this metric to assess the fiscal policies and budget priorities of the Japanese government.
Q: Are there update delays or limitations?
A: The data is published regularly by the OECD, but there may be some delays in the most recent updates.
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Citation
U.S. Federal Reserve, Share of Government Consumption at Current Purchasing Power Parities for Japan (CSHGCPJPA156NRUG), retrieved from FRED.