Price Level of Government Consumption for Egypt
PLGCPPEGA670NRUG • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
0.17
Year-over-Year Change
-13.62%
Date Range
1/1/1950 - 1/1/2019
Summary
The Price Level of Government Consumption for Egypt measures the price index for government consumption expenditures, providing insights into inflationary pressures on public spending.
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 series represents the price level of government consumption in Egypt, capturing changes in the cost of goods and services purchased by the government. It is a key indicator used by economists and policymakers to analyze fiscal policy and the broader macroeconomic environment.
Methodology
The data is calculated by the World Bank using national accounts information.
Historical Context
Tracking the price level of government consumption helps policymakers assess the impact of inflation on public budgets and plan appropriate fiscal measures.
Key Facts
- The base year for this index is 2010.
- Egypt's government consumption accounts for over 10% of its GDP.
- Inflationary pressures on government spending can impact public service delivery.
FAQs
Q: What does this economic trend measure?
A: This trend measures the price level of government consumption expenditures in Egypt, tracking changes in the cost of goods and services purchased by the government.
Q: Why is this trend relevant for users or analysts?
A: This trend provides insights into inflationary pressures on public spending, which is crucial for policymakers in assessing fiscal policy and the broader macroeconomic environment.
Q: How is this data collected or calculated?
A: The data is calculated by the World Bank using national accounts information.
Q: How is this trend used in economic policy?
A: Tracking the price level of government consumption helps policymakers assess the impact of inflation on public budgets and plan appropriate fiscal measures.
Q: Are there update delays or limitations?
A: The data is updated regularly by the World Bank, with a lag of several months.
Related Trends
Price Level of Government Consumption for Panama
PLGCPPPAA670NRUG
Price Level of Household Consumption for Finland
PLCCPPFIA670NRUG
Price Level of the Capital Stock for Chile
PLKCPPCLA670NRUG
Price Level of the Capital Stock for Bahamas
PLKCPPBSA670NRUG
Price Level of Imports for Portugal
PLMCPPPTA670NRUG
Price Level of Government Consumption for Armenia
PLGCPPAMA670NRUG
Citation
U.S. Federal Reserve, Price Level of Government Consumption for Egypt (PLGCPPEGA670NRUG), retrieved from FRED.