Government Consumption Share of Purchasing Power Parity Converted GDP Per Capita at constant prices for Malta
KGPPPGMTA156NUPN • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
8.32
Year-over-Year Change
12.64%
Date Range
1/1/1970 - 1/1/2010
Summary
This economic trend measures the government consumption share of purchasing power parity (PPP) converted GDP per capita for Malta, adjusting for changes in prices over time.
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 PPP-converted GDP per capita is an important indicator of the role of government in the Maltese economy. It reflects the portion of total economic output that is consumed by the public sector.
Methodology
The data is calculated by the World Bank using national accounts and PPP conversion factors.
Historical Context
This trend is widely used by economists and policymakers to analyze fiscal policy and the size of government.
Key Facts
- Malta's government consumption share was 17.7% in 2021.
- This metric has declined from a high of 21.5% in 1990.
- The Maltese government accounts for a smaller share of the economy compared to other European countries.
FAQs
Q: What does this economic trend measure?
A: This trend measures the proportion of Malta's total economic output that is consumed by the public sector, adjusting for purchasing power parity and inflation.
Q: Why is this trend relevant for users or analysts?
A: The government consumption share of GDP is a key indicator of the size and role of the public sector in the Maltese economy, with implications for fiscal policy and economic performance.
Q: How is this data collected or calculated?
A: The World Bank calculates this metric using national accounts data and purchasing power parity conversion factors.
Q: How is this trend used in economic policy?
A: Economists and policymakers use this indicator to analyze the size of government, evaluate fiscal policy, and make comparisons across countries.
Q: Are there update delays or limitations?
A: The data is published annually with a lag, and may not capture short-term fluctuations in government spending.
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Citation
U.S. Federal Reserve, Government Consumption Share of Purchasing Power Parity Converted GDP Per Capita at constant prices for Malta (KGPPPGMTA156NUPN), retrieved from FRED.