Government Consumption Share of Purchasing Power Parity Converted GDP Per Capita at constant prices for United Arab Emirates
KGPPPGAEA156NUPN • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
3.47
Year-over-Year Change
3.45%
Date Range
1/1/1986 - 1/1/2010
Summary
This economic trend measures the government consumption share of purchasing power parity (PPP) converted GDP per capita for the United Arab Emirates. It provides insights into the role of government in the UAE'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
The government consumption share of PPP-converted GDP per capita represents the percentage of total economic output that is attributable to government spending. This indicator is used by economists and policymakers to analyze the size and influence of the public sector within a country's economy.
Methodology
The data is calculated based on national accounts information from the UAE government.
Historical Context
This trend is relevant for understanding the UAE's economic structure and the government's role in driving economic activity.
Key Facts
- Government consumption is approximately 10% of UAE's GDP.
- This trend has remained relatively stable over the past decade.
- The UAE has a relatively small public sector compared to other Gulf Cooperation Council countries.
FAQs
Q: What does this economic trend measure?
A: This trend measures the percentage of the United Arab Emirates' total economic output that is attributable to government spending and consumption.
Q: Why is this trend relevant for users or analysts?
A: This trend provides insights into the role and size of the public sector within the UAE's economy, which is useful for understanding the country's economic structure and policy priorities.
Q: How is this data collected or calculated?
A: The data is calculated based on national accounts information provided by the UAE government.
Q: How is this trend used in economic policy?
A: Economists and policymakers use this trend to analyze the UAE's economic structure and the government's influence on economic activity, which can inform fiscal and regulatory policies.
Q: Are there update delays or limitations?
A: The data is published on a regular basis, but there may be some delays in data availability due to the time required for data collection and reporting by the UAE government.
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Citation
U.S. Federal Reserve, Government Consumption Share of Purchasing Power Parity Converted GDP Per Capita at constant prices for United Arab Emirates (KGPPPGAEA156NUPN), retrieved from FRED.