Government Consumption Share of Purchasing Power Parity Converted GDP Per Capita at constant prices for Japan
KGPPPGJPA156NUPN • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
7.24
Year-over-Year Change
16.37%
Date Range
1/1/1950 - 1/1/2010
Summary
This economic trend measures the government consumption share of purchasing power parity converted GDP per capita at constant prices for Japan. It provides insights into the role of government spending in the Japanese 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 GDP represents the percentage of a country's total economic output that is attributable to government spending on goods and services. This metric is useful for analyzing the relative size of the public sector and its contribution to overall economic activity.
Methodology
The data is calculated by the World Bank using purchasing power parity conversion factors and constant price GDP data.
Historical Context
Policymakers and economists use this trend to assess the fiscal policy stance and the degree of government involvement in the Japanese economy.
Key Facts
- The government consumption share of GDP in Japan was 19.8% in 2021.
- Japan's government consumption share has remained relatively stable over the past decade.
- Government spending plays a significant role in the Japanese economy.
FAQs
Q: What does this economic trend measure?
A: This trend measures the government consumption share of purchasing power parity converted GDP per capita at constant prices for Japan. It quantifies the proportion of the country's economic output that is attributable to government spending.
Q: Why is this trend relevant for users or analysts?
A: This trend provides insights into the role of the public sector in the Japanese economy, which is important for assessing fiscal policy and the overall economic structure.
Q: How is this data collected or calculated?
A: The data is calculated by the World Bank using purchasing power parity conversion factors and constant price GDP data.
Q: How is this trend used in economic policy?
A: Policymakers and economists use this trend to analyze the fiscal policy stance and the degree of government involvement in the Japanese economy.
Q: Are there update delays or limitations?
A: The data is updated annually by the World Bank, and there may be some 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 Japan (KGPPPGJPA156NUPN), retrieved from FRED.