General Government Total Expenditure for St. Kitts and Nevis
SKNGGXGDP • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
31.47
Year-over-Year Change
9.70%
Date Range
1/1/2011 - 1/1/2024
Summary
The 'General Government Total Expenditure for St. Kitts and Nevis' measures the total spending by the government of St. Kitts and Nevis, which is an important indicator of fiscal policy and 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
This economic trend represents the consolidated expenditures of all government levels and social security funds in St. Kitts and Nevis. It is a key metric used by economists and policymakers to analyze the government's role and impact on the national economy.
Methodology
The data is collected and reported by the St. Kitts and Nevis Ministry of Finance.
Historical Context
Analysts and policymakers closely monitor this metric to assess the government's fiscal stance and its influence on economic growth.
Key Facts
- St. Kitts and Nevis is a small island country in the Caribbean.
- Government spending accounts for a significant portion of the country's GDP.
- This metric tracks total expenditures by all levels of government.
FAQs
Q: What does this economic trend measure?
A: This trend measures the total expenditures by the government of St. Kitts and Nevis, including all levels of government and social security funds.
Q: Why is this trend relevant for users or analysts?
A: This metric is important for understanding the government's fiscal policy and its impact on the overall economy of St. Kitts and Nevis.
Q: How is this data collected or calculated?
A: The data is collected and reported by the St. Kitts and Nevis Ministry of Finance.
Q: How is this trend used in economic policy?
A: Economists and policymakers use this metric to assess the government's fiscal stance and its influence on economic growth and development in St. Kitts and Nevis.
Q: Are there update delays or limitations?
A: The data is subject to the reporting schedule of the St. Kitts and Nevis Ministry of Finance and may have occasional delays.
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Citation
U.S. Federal Reserve, General Government Total Expenditure for St. Kitts and Nevis (SKNGGXGDP), retrieved from FRED.