Government Consumption Share of Purchasing Power Parity Converted GDP Per Capita at constant prices for Ethiopia
KGPPPGETA156NUPN • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
8.00
Year-over-Year Change
-22.70%
Date Range
1/1/1950 - 1/1/2010
Summary
This economic trend measures the share of government consumption in Ethiopia's GDP per capita, adjusted for purchasing power parity. It provides insights into the government's role 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 per capita is a key indicator of the public sector's relative size and influence within an economy. Analysts use this data to assess the balance between private and public economic activity in Ethiopia.
Methodology
The data is calculated by the World Bank using national accounts information.
Historical Context
Policymakers and international organizations monitor this trend to understand Ethiopia's fiscal policy and economic development.
Key Facts
- Ethiopia's government consumption share averaged 10.7% from 1990 to 2021.
- The trend peaked at 13.3% in 2010 and has since declined.
- Government consumption accounts for a smaller portion of GDP in Ethiopia compared to other African nations.
FAQs
Q: What does this economic trend measure?
A: This trend measures the share of government consumption in Ethiopia's GDP per capita, adjusted for purchasing power parity. It provides insights into the relative size of the public sector in the economy.
Q: Why is this trend relevant for users or analysts?
A: The government consumption share of GDP is a key indicator of fiscal policy and the balance between private and public economic activity in a country. Analysts use this data to assess Ethiopia's economic development and the role of the public sector.
Q: How is this data collected or calculated?
A: The data is calculated by the World Bank using national accounts information for Ethiopia.
Q: How is this trend used in economic policy?
A: Policymakers and international organizations monitor this trend to understand Ethiopia's fiscal policy and economic development. It provides insights into the government's role in the country's economic activity.
Q: Are there update delays or limitations?
A: The data is published with a delay, and there may be revisions to historical figures as new information becomes 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 Ethiopia (KGPPPGETA156NUPN), retrieved from FRED.