Government Consumption Share of Purchasing Power Parity Converted GDP Per Capita at constant prices for Poland
KGPPPGPLA156NUPN • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
6.53
Year-over-Year Change
-2.16%
Date Range
1/1/1970 - 1/1/2010
Summary
This economic trend measures the government consumption share of purchasing power parity (PPP) converted gross domestic product (GDP) per capita for Poland, adjusting for inflation.
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 provides insight into the size and role of the public sector in Poland's economy. It is a key metric used by economists and policymakers to analyze fiscal policy and the overall economic structure.
Methodology
The data is calculated by the World Bank using national accounts and PPP conversion factors.
Historical Context
This trend is widely referenced by international institutions, economists, and investors to assess Poland's economic development and policy environment.
Key Facts
- Poland's government consumption share was 18.1% in 2021.
- This metric has remained relatively stable over the past decade.
- Poland's government consumption is lower than the OECD average.
FAQs
Q: What does this economic trend measure?
A: This trend measures the proportion of Poland's total economic output, as measured by purchasing power parity (PPP) converted GDP per capita, that is consumed by the government.
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 an economy, providing insight into 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 national accounts data and purchasing power parity conversion factors.
Q: How is this trend used in economic policy?
A: This metric is widely referenced by international institutions, economists, and investors to assess Poland's economic development and the policy environment.
Q: Are there update delays or limitations?
A: The data is published annually with a lag, so the most recent year may not be the current year.
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Citation
U.S. Federal Reserve, Government Consumption Share of Purchasing Power Parity Converted GDP Per Capita at constant prices for Poland (KGPPPGPLA156NUPN), retrieved from FRED.