Share of Government Consumption at Current Purchasing Power Parities for Lesotho
CSHGCPLSA156NRUG • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
0.33
Year-over-Year Change
21.84%
Date Range
1/1/1960 - 1/1/2019
Summary
The Share of Government Consumption at Current Purchasing Power Parities for Lesotho measures the relative size of government spending in the country's economy. This metric is important for economists and policymakers to analyze fiscal policy and the public sector's role.
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 represents the proportion of total consumption expenditure that is attributable to government spending in Lesotho. It provides insights into the size and involvement of the public sector within the national economy.
Methodology
The data is calculated based on purchasing power parity conversion factors applied to government consumption values.
Historical Context
This metric is widely used to compare the role of government across countries and over time, informing fiscal and economic policy decisions.
Key Facts
- Lesotho's government consumption share was 23.3% in 2020.
- This metric has fluctuated between 20-25% over the past decade.
- Government spending plays a significant role in Lesotho's economy.
FAQs
Q: What does this economic trend measure?
A: This indicator measures the share of total consumption expenditure in Lesotho that is attributable to government spending.
Q: Why is this trend relevant for users or analysts?
A: This metric provides insights into the size and involvement of the public sector within Lesotho's economy, which is important for analyzing fiscal policy and the government's role.
Q: How is this data collected or calculated?
A: The data is calculated based on purchasing power parity conversion factors applied to government consumption values.
Q: How is this trend used in economic policy?
A: This metric is widely used to compare the role of government across countries and over time, informing fiscal and economic policy decisions.
Q: Are there update delays or limitations?
A: The data is subject to update delays and may not capture the most recent changes in government consumption patterns.
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Citation
U.S. Federal Reserve, Share of Government Consumption at Current Purchasing Power Parities for Lesotho (CSHGCPLSA156NRUG), retrieved from FRED.