Share of Government Consumption at Current Purchasing Power Parities for Kyrgyzstan
CSHGCPKGA156NRUG • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
0.31
Year-over-Year Change
144.27%
Date Range
1/1/1990 - 1/1/2019
Summary
This economic indicator measures the share of government consumption expenditures in the total gross domestic product (GDP) of Kyrgyzstan, adjusted for purchasing power parity (PPP).
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
The share of government consumption at current PPPs represents the portion of a country's economic output that is consumed by the government. This metric is used by economists and policymakers to analyze the role of the public sector in a nation's economy.
Methodology
The data is calculated by the World Bank using national accounts and PPP conversion factors.
Historical Context
This trend provides insight into a country's fiscal policy and resource allocation.
Key Facts
- Kyrgyzstan's government consumption as a share of GDP was 18.4% in 2020.
- This indicator has fluctuated between 15-20% over the past decade.
- Government consumption includes expenditures on goods, services, and employee compensation.
FAQs
Q: What does this economic trend measure?
A: This indicator measures the proportion of a country's total economic output that is consumed by the government, adjusted for purchasing power parity.
Q: Why is this trend relevant for users or analysts?
A: The share of government consumption is an important metric for understanding a country's fiscal policy and the role of the public sector in the economy.
Q: How is this data collected or calculated?
A: The World Bank calculates this indicator using national accounts data and purchasing power parity conversion factors.
Q: How is this trend used in economic policy?
A: Economists and policymakers use this metric to analyze government resource allocation and the size of the public sector relative to the overall economy.
Q: Are there update delays or limitations?
A: This data is published annually with a lag, so the most recent year may not be immediately available.
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Citation
U.S. Federal Reserve, Share of Government Consumption at Current Purchasing Power Parities for Kyrgyzstan (CSHGCPKGA156NRUG), retrieved from FRED.