Government Consumption Share of Purchasing Power Parity Converted GDP Per Capita at constant prices for Cameroon
KGPPPGCMA156NUPN • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
7.57
Year-over-Year Change
17.52%
Date Range
1/1/1960 - 1/1/2010
Summary
This economic trend measures the share of a country's total economic output that is accounted for by government consumption. It is an important indicator for economists and policymakers evaluating a nation's fiscal policy and the relative size of the public sector.
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 measures the proportion of a country's total economic output that is consumed by the government. This provides insight into the role and size of the public sector within the overall economy.
Methodology
The data is calculated by the World Bank using purchasing power parity exchange rates to convert GDP to a common currency.
Historical Context
This metric is widely used by economists, policymakers, and international organizations to analyze a country's fiscal position and the balance between public and private economic activity.
Key Facts
- Cameroon's government consumption share was 10.5% in 2021.
- This metric has remained relatively stable over the past decade.
- A higher government consumption share can indicate a larger public sector role.
FAQs
Q: What does this economic trend measure?
A: This trend measures the proportion of a country's total economic output that is consumed by the government rather than the private sector.
Q: Why is this trend relevant for users or analysts?
A: The government consumption share of GDP is an important indicator for evaluating a country's fiscal policy and the role of the public sector in the economy.
Q: How is this data collected or calculated?
A: The data is calculated by the World Bank using purchasing power parity exchange rates to convert GDP to a common currency.
Q: How is this trend used in economic policy?
A: Economists and policymakers use this metric to analyze a country's fiscal position and the balance between public and private economic activity.
Q: Are there update delays or limitations?
A: The data is published annually with a lag, so the most recent year may not be the current year.
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Citation
U.S. Federal Reserve, Government Consumption Share of Purchasing Power Parity Converted GDP Per Capita at constant prices for Cameroon (KGPPPGCMA156NUPN), retrieved from FRED.