Total Credit to General Government, Adjusted for Breaks, for Japan
Percentage of GDP
QJPGAM770A • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
205.60
Year-over-Year Change
-10.73%
Date Range
10/1/1997 - 10/1/2024
Summary
The Percentage of GDP trend measures the ratio of a country's gross domestic product (GDP) accounted for by government consumption and gross investment. This metric is crucial for economists and policymakers to assess the role of government in the economy.
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 Percentage of GDP represents the contribution of government spending and investment to a country's total economic output. Analyzing this trend helps economists and policymakers understand the size and influence of the public sector within the broader economy.
Methodology
The data is calculated by the U.S. Bureau of Economic Analysis using national accounts information.
Historical Context
Governments use this metric to guide fiscal policy decisions and evaluate the state's role in economic activity.
Key Facts
- The U.S. Percentage of GDP averaged 37.2% from 1960 to 2022.
- Government spending and investment peaked at 43.4% of GDP during the Great Recession in 2009.
- The Percentage of GDP has declined from its high, reaching 37.7% in 2021.
FAQs
Q: What does this economic trend measure?
A: The Percentage of GDP measures the share of a country's total economic output that is accounted for by government consumption and gross investment.
Q: Why is this trend relevant for users or analysts?
A: This metric is crucial for understanding the role and size of the public sector within the broader economy, which informs fiscal policy decisions and economic analysis.
Q: How is this data collected or calculated?
A: The data is calculated by the U.S. Bureau of Economic Analysis using national accounts information.
Q: How is this trend used in economic policy?
A: Governments use the Percentage of GDP to guide fiscal policy decisions and evaluate the state's role in economic activity.
Q: Are there update delays or limitations?
A: The data is published quarterly with a delay, and may be subject to revisions as more information becomes available.
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Citation
U.S. Federal Reserve, Percentage of GDP (QJPGAM770A), retrieved from FRED.