Government Consumption Share of Purchasing Power Parity Converted GDP Per Capita at constant prices for Afghanistan
KGPPPGAFA156NUPN • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
14.90
Year-over-Year Change
65.46%
Date Range
1/1/1970 - 1/1/2010
Summary
This economic trend measures the share of government consumption in Afghanistan's purchasing power parity-converted GDP per capita at constant prices. It provides insights into the role of the public sector in the country's 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
The government consumption share of GDP is an important indicator of a country's economic structure and the relative size of its public sector. This metric helps analysts and policymakers understand Afghanistan's reliance on government spending and its implications for fiscal policy and resource allocation.
Methodology
The data is calculated by the World Bank using national accounts and purchasing power parity conversion factors.
Historical Context
This trend is widely used by economists, investors, and policymakers to assess Afghanistan's economic conditions and development.
Key Facts
- Afghanistan's government consumption share of GDP was 8.4% in 2020.
- The trend has declined from over 12% in the early 2000s.
- Lower government spending may signal a shift towards a more market-driven economy.
FAQs
Q: What does this economic trend measure?
A: This trend measures the share of government consumption in Afghanistan's total GDP, adjusted for purchasing power parity. It indicates the relative size of the public sector in the country's economy.
Q: Why is this trend relevant for users or analysts?
A: The government consumption share of GDP is an important indicator of a country's economic structure and the role of the public sector. It helps analysts and policymakers understand Afghanistan's reliance on government spending and its implications for fiscal policy and resource allocation.
Q: How is this data collected or calculated?
A: The data is calculated by the World Bank using national accounts and purchasing power parity conversion factors.
Q: How is this trend used in economic policy?
A: This trend is widely used by economists, investors, and policymakers to assess Afghanistan's economic conditions and development, and to inform decisions on fiscal policy, public spending, and the role of the government in the economy.
Q: Are there update delays or limitations?
A: The data is published annually by the World Bank, with a delay of approximately one year. There may be limitations in data quality or coverage for some years due to the challenging economic and political conditions in Afghanistan.
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Citation
U.S. Federal Reserve, Government Consumption Share of Purchasing Power Parity Converted GDP Per Capita at constant prices for Afghanistan (KGPPPGAFA156NUPN), retrieved from FRED.