Share of Government Consumption at Current Purchasing Power Parities for Malta
CSHGCPMTA156NRUG • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
0.26
Year-over-Year Change
13.09%
Date Range
1/1/1954 - 1/1/2019
Summary
The Share of Government Consumption at Current Purchasing Power Parities for Malta measures the proportion of total economic output that is accounted for by government consumption in Malta, providing insights into the role of the public sector in the country's 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 series represents the share of total final consumption expenditure that is attributable to government consumption in Malta, adjusted for differences in purchasing power across countries. It is a key indicator used by economists and policymakers to analyze the size and composition of government activities within the broader economic context.
Methodology
The data is collected and calculated by the World Bank based on national accounts statistics.
Historical Context
This metric is widely referenced in cross-country comparisons and economic policy discussions related to the size and role of the public sector.
Key Facts
- Malta's government consumption share was 17.4% in 2021.
- This metric has remained relatively stable in Malta over the past decade.
- Malta's government consumption share is lower than the OECD average.
FAQs
Q: What does this economic trend measure?
A: This trend measures the proportion of Malta's total economic output that is accounted for by government consumption, adjusted for differences in purchasing power across countries.
Q: Why is this trend relevant for users or analysts?
A: This metric provides insights into the size and role of the public sector in Malta's economy, which is important for economic analysis and policy discussions.
Q: How is this data collected or calculated?
A: The data is collected and calculated by the World Bank based on national accounts statistics.
Q: How is this trend used in economic policy?
A: This metric is widely referenced in cross-country comparisons and economic policy discussions related to the size and role of the public sector.
Q: Are there update delays or limitations?
A: The data is subject to the release schedule and methodological updates of the World Bank's national accounts statistics.
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Citation
U.S. Federal Reserve, Share of Government Consumption at Current Purchasing Power Parities for Malta (CSHGCPMTA156NRUG), retrieved from FRED.