Government Consumption Share of Purchasing Power Parity Converted GDP Per Capita at constant prices for Peru
KGPPPGPEA156NUPN • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
4.92
Year-over-Year Change
-0.71%
Date Range
1/1/1950 - 1/1/2010
Summary
This economic trend measures the share of government consumption in Peru's GDP per capita adjusted for purchasing power parity. It provides insights into the role of the public sector 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 an important indicator of the size and influence of the public sector in an economy. It helps analysts and policymakers understand the balance between government and private sector activity.
Methodology
The data is calculated by the World Bank using national accounts data.
Historical Context
This trend is relevant for assessing Peru's fiscal policy and the government's role in the economy.
Key Facts
- Peru's government consumption share of GDP per capita was 12.4% in 2021.
- This indicator has fluctuated between 10-15% over the past decade.
- The public sector accounts for a relatively small portion of Peru's economic activity.
FAQs
Q: What does this economic trend measure?
A: This trend measures the share of government consumption in Peru's GDP per capita, adjusted for purchasing power parity. It provides insight into the size and role of the public sector in the country's economy.
Q: Why is this trend relevant for users or analysts?
A: The government consumption share of GDP is an important indicator for assessing a country's fiscal policy and the balance between public and private sector activity. It helps economists and policymakers understand the government's role in the economy.
Q: How is this data collected or calculated?
A: The data is calculated by the World Bank using national accounts data.
Q: How is this trend used in economic policy?
A: This trend is relevant for evaluating Peru's fiscal policy and the government's role in the economy. Policymakers and analysts use it to assess the balance between public and private sector activity.
Q: Are there update delays or limitations?
A: The data is published annually with a lag, so there may be a delay in accessing 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 Peru (KGPPPGPEA156NUPN), retrieved from FRED.