Government Consumption Share of Purchasing Power Parity Converted GDP Per Capita at constant prices for Brazil
KGPPPGBRA156NUPN • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
10.29
Year-over-Year Change
-3.49%
Date Range
1/1/1950 - 1/1/2010
Summary
This economic trend measures the government consumption share of purchasing power parity (PPP) converted GDP per capita for Brazil at constant prices. It provides insights into the size and role of the public sector in the Brazilian 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 GDP per capita is an important indicator for analyzing the relative size of government spending compared to overall economic output in a country. It helps economists and policymakers understand the scale of the public sector and its implications for fiscal, monetary, and economic policies.
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, analysts, and policymakers to assess the Brazilian economy and make comparisons to other countries.
Key Facts
- Brazil's government consumption share of PPP GDP per capita was 19.7% in 2021.
- This metric has declined from a high of 21.3% in 2015.
- The public sector accounts for a smaller share of the economy in Brazil compared to many other developed countries.
FAQs
Q: What does this economic trend measure?
A: This trend measures the share of a country's purchasing power parity (PPP) converted GDP per capita that is accounted for by government consumption expenditures.
Q: Why is this trend relevant for users or analysts?
A: The government consumption share of PPP GDP per capita is an important indicator for understanding the size and role of the public sector in a country's economy, which has implications for fiscal, monetary, and economic policies.
Q: How is this data collected or calculated?
A: The data is calculated by the World Bank using national accounts data and purchasing power parity conversion factors.
Q: How is this trend used in economic policy?
A: Economists, analysts, and policymakers use this trend to assess the scale of government spending in Brazil and make comparisons to other countries, which informs fiscal, monetary, and economic policy decisions.
Q: Are there update delays or limitations?
A: The data is updated annually by the World Bank, so there may be a 1-2 year delay in the most recent figures being available.
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Citation
U.S. Federal Reserve, Government Consumption Share of Purchasing Power Parity Converted GDP Per Capita at constant prices for Brazil (KGPPPGBRA156NUPN), retrieved from FRED.