Government Consumption Share of Purchasing Power Parity Converted GDP Per Capita at constant prices for Egypt
KGPPPGEGA156NUPN • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
7.89
Year-over-Year Change
-17.69%
Date Range
1/1/1950 - 1/1/2010
Summary
The Government Consumption Share of Purchasing Power Parity Converted GDP Per Capita at constant prices for Egypt measures the ratio of government consumption to the country's overall economic output, providing insights into the role of the public sector in the 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
This economic indicator tracks the percentage of Egypt's GDP that is attributed to government consumption, including spending on public services, wages, and other expenditures. It is a key metric for analyzing the size and influence of the government in the country's economic activities.
Methodology
The data is calculated by the World Bank using purchasing power parity (PPP) conversion factors to adjust for differences in price levels across countries.
Historical Context
Policymakers and analysts use this trend to evaluate the balance between public and private sectors in Egypt's economy and how it has evolved over time.
Key Facts
- Egypt's government consumption share averaged 10.5% of GDP from 2010 to 2020.
- The share reached a high of 11.4% in 2013 and a low of 9.6% in 2019.
- Government consumption is a significant component of Egypt's overall economic activity.
FAQs
Q: What does this economic trend measure?
A: This trend measures the share of Egypt's GDP that is attributed to government consumption, including spending on public services, wages, and other expenditures.
Q: Why is this trend relevant for users or analysts?
A: This trend provides insights into the role and influence of the public sector in Egypt's economy, which is relevant for policymakers, economists, and investors analyzing the country's economic development and growth.
Q: How is this data collected or calculated?
A: The data is calculated by the World Bank using purchasing power parity (PPP) conversion factors to adjust for differences in price levels across countries.
Q: How is this trend used in economic policy?
A: Policymakers and analysts use this trend to evaluate the balance between public and private sectors in Egypt's economy and how it has evolved over time, which informs policy decisions and economic strategies.
Q: Are there update delays or limitations?
A: The data is subject to the World Bank's data collection and publication schedule, which may result in some delays in the availability of the most recent figures.
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Citation
U.S. Federal Reserve, Government Consumption Share of Purchasing Power Parity Converted GDP Per Capita at constant prices for Egypt (KGPPPGEGA156NUPN), retrieved from FRED.