Government Final Consumption Expenditure in Japan
JPNGFCEQDSNAQ • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
119,531,700,000,000.00
Year-over-Year Change
3.99%
Date Range
1/1/1994 - 1/1/2024
Summary
This economic trend measures the value of final consumption expenditure by the government of Japan. It is a key indicator of fiscal policy and public sector activity within 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
Government final consumption expenditure refers to the value of goods and services purchased by the government for direct consumption. This series provides insight into the size and composition of government spending, which is an important factor in macroeconomic analysis and policymaking.
Methodology
The data is collected and reported quarterly by the Cabinet Office of Japan.
Historical Context
Economists and policymakers use this trend to assess the role of the public sector and gauge the stance of fiscal policy in Japan.
Key Facts
- Japan's government final consumption expenditure was 27.4% of GDP in 2021.
- The trend has shown gradual growth over the past decade.
- Government spending is a key component of Japan's GDP.
FAQs
Q: What does this economic trend measure?
A: This trend measures the value of final consumption expenditure by the government of Japan, including spending on goods and services for direct use.
Q: Why is this trend relevant for users or analysts?
A: This trend provides insight into the size and composition of government spending, which is an important factor in macroeconomic analysis and policymaking in Japan.
Q: How is this data collected or calculated?
A: The data is collected and reported quarterly by the Cabinet Office of Japan.
Q: How is this trend used in economic policy?
A: Economists and policymakers use this trend to assess the role of the public sector and gauge the stance of fiscal policy in Japan.
Q: Are there update delays or limitations?
A: The data is published on a quarterly basis, with a typical delay of 2-3 months.
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Citation
U.S. Federal Reserve, Government Final Consumption Expenditure in Japan (JPNGFCEQDSNAQ), retrieved from FRED.