Government Consumption Share of Purchasing Power Parity Converted GDP Per Capita at constant prices for Malawi
KGPPPGMWA156NUPN • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
18.43
Year-over-Year Change
34.32%
Date Range
1/1/1954 - 1/1/2010
Summary
The Government Consumption Share of Purchasing Power Parity Converted GDP Per Capita at constant prices for Malawi measures the portion of Malawi's economic output dedicated to government spending. This metric is crucial for economists and policymakers to understand Malawi's fiscal policies and economic development.
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 trend represents the ratio of government consumption to total GDP in Malawi, adjusted for purchasing power parity and held at constant prices. It provides insight into the government's role in the Malawian economy and how this has changed over time.
Methodology
The data is calculated by the World Bank using national accounts and purchasing power parity conversion factors.
Historical Context
Economists and policymakers analyze this trend to evaluate Malawi's fiscal policy, economic structure, and development progress.
Key Facts
- Malawi's government consumption share averaged 12.7% from 1990 to 2021.
- Government consumption as a percentage of GDP in Malawi has remained relatively stable over the past three decades.
- Malawi's government consumption share is lower than the global average of around 17%.
FAQs
Q: What does this economic trend measure?
A: This trend measures the portion of Malawi's economic output that is dedicated to government spending, adjusted for purchasing power parity and held at constant prices.
Q: Why is this trend relevant for users or analysts?
A: This trend provides important insights into Malawi's fiscal policies and the role of the government in the country's economic development.
Q: How is this data collected or calculated?
A: The data is calculated by the World Bank using national accounts and purchasing power parity conversion factors.
Q: How is this trend used in economic policy?
A: Economists and policymakers analyze this trend to evaluate Malawi's fiscal policy, economic structure, and development progress.
Q: Are there update delays or limitations?
A: The data is published annually by the World Bank, and there may be some delays in availability.
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Citation
U.S. Federal Reserve, Government Consumption Share of Purchasing Power Parity Converted GDP Per Capita at constant prices for Malawi (KGPPPGMWA156NUPN), retrieved from FRED.