Share of Government Consumption at Current Purchasing Power Parities for Malaysia
CSHGCPMYA156NRUG • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
0.13
Year-over-Year Change
-26.52%
Date Range
1/1/1955 - 1/1/2019
Summary
The Share of Government Consumption at Current Purchasing Power Parities for Malaysia measures the relative size of government spending in the Malaysian economy compared to overall economic activity.
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 metric tracks the proportion of total economic output that is accounted for by government consumption expenditures, providing insight into the role of the public sector in Malaysia's economy.
Methodology
The data is calculated by the World Bank using purchasing power parity exchange rates to enable cross-country comparisons.
Historical Context
This indicator is useful for policymakers and analysts to assess the fiscal position and economic policy orientation of the Malaysian government.
Key Facts
- Malaysia's government consumption share was 12.1% in 2021.
- The share has remained relatively stable over the past decade.
- Malaysia has a lower government consumption share than many developed economies.
FAQs
Q: What does this economic trend measure?
A: This indicator measures the proportion of Malaysia's gross domestic product (GDP) that is accounted for by government consumption expenditures.
Q: Why is this trend relevant for users or analysts?
A: The government consumption share provides insight into the role and size of the public sector in the Malaysian economy, which is relevant for fiscal policy analysis and international economic comparisons.
Q: How is this data collected or calculated?
A: The data is calculated by the World Bank using purchasing power parity exchange rates to enable cross-country comparisons of government consumption as a share of GDP.
Q: How is this trend used in economic policy?
A: Policymakers and analysts use this indicator to assess the fiscal position and economic policy orientation of the Malaysian government, as well as to make international comparisons of the size of the public sector.
Q: Are there update delays or limitations?
A: The data is published annually with a lag, and may not capture the most recent economic conditions in Malaysia.
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Citation
U.S. Federal Reserve, Share of Government Consumption at Current Purchasing Power Parities for Malaysia (CSHGCPMYA156NRUG), retrieved from FRED.