tripathyShaswata/GDP-Per-Capita_Gov-Expenditure_Trade

About Dataset

Edit This dataset provides a comprehensive view of key macroeconomic indicators across various entities (countries or regions) over time. It includes annual data for the following variables:

Entity: The name of the country or region for which the data is recorded.

Code: A standardized three-letter country or region code, facilitating easier identification and merging with other datasets.

Year: The calendar year for which the economic indicators are reported.

GDP per capita: The gross domestic product (GDP) divided by the midyear population. It represents the average economic output per person and is a common measure of living standards and economic development.

Value of global merchandise exports as a share of GDP: This indicates the proportion of a country's total economic output that is represented by the value of its exported goods. It highlights the importance of international trade in the economy.

Government expenditure (% of GDP): The total spending by the government as a percentage of the country's GDP. This reflects the size and scope of government involvement in the economy.

Trade as a Share of GDP: The sum of a country's total exports and imports of goods and services, expressed as a percentage of its GDP. This metric indicates the overall openness of an economy to international trade.

Inflation, consumer prices (annual %): The percentage change in the average prices of goods and services typically purchased by households over a one-year period. It measures the rate at which the cost of living is changing.

Dataset Creation

This dataset was created using the following sources:

• —Source 1: Bolt and van Zanden - Maddison Project Database 2023 – with minor processing by Our World in Data. “GDP per capita – Maddison Project Database – In constant international-$. Historical data” [dataset]. Bolt and van Zanden, “Maddison Project Database 2023” [original data].",

• —Source 2: Processed by Our World in Data. “Value of global merchandise exports as a share of GDP (Fouquin and Hugot; CEPII 2016; National data)” [dataset]. Fouquin and Hugot (CEPII 2016) [original data].",

• —Source 3: World Bank and OECD (2025) – processed by Our World in Data. “Trade (% of GDP)” [dataset]. World Bank and OECD, “World Development Indicators” [original data].",

• —Source 4: International Monetary Fund (2025) – with minor processing by Our World in Data. “Government expenditure (% of GDP)” [dataset]. International Monetary Fund, “Public Finances in Modern History” [original data].