Government Consumption Share of Purchasing Power Parity Converted GDP Per Capita at constant prices for Botswana
KGPPPGBWA156NUPN • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
10.64
Year-over-Year Change
-14.60%
Date Range
1/1/1960 - 1/1/2010
Summary
This economic trend measures the government's share of purchasing power parity-adjusted GDP per capita in Botswana 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 for analyzing the size and influence of the public sector in a national economy. It can inform fiscal policy decisions and macroeconomic assessments of a country's economic structure.
Methodology
The data is calculated by the World Bank using national accounts and purchasing power parity conversion factors.
Historical Context
Policymakers and economists use this trend to evaluate Botswana's economic model and the government's role in development.
Key Facts
- Botswana's government consumption share of GDP was 25.6% in 2021.
- This indicator has declined from a high of 33.4% in 1980.
- The government plays a significant role in Botswana's economy.
FAQs
Q: What does this economic trend measure?
A: This trend measures the government's share of purchasing power parity-adjusted GDP per capita in Botswana at constant prices, providing insights into the size and influence 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 for analyzing the role of the public sector in a national economy, which can inform fiscal policy decisions and macroeconomic assessments.
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: Policymakers and economists use this trend to evaluate Botswana's economic model and the government's role in the country's development.
Q: Are there update delays or limitations?
A: The data is subject to the release schedule and methodological updates of the World Bank's national accounts.
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Citation
U.S. Federal Reserve, Government Consumption Share of Purchasing Power Parity Converted GDP Per Capita at constant prices for Botswana (KGPPPGBWA156NUPN), retrieved from FRED.