Nominal Gross Capital Formation for Cote d'Ivoire
CIVNIGDPPT • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
30.07
Year-over-Year Change
28.53%
Date Range
1/1/2000 - 1/1/2026
Summary
The Nominal Gross Capital Formation for Cote d'Ivoire is an economic indicator that measures the total value of investments in fixed assets, such as infrastructure, machinery, and equipment, within the country. It is a key metric for understanding the pace of economic development and growth.
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
Gross Capital Formation represents the additions to the stock of fixed capital assets in an economy, including both private and public investments. This data series is an important signal of the overall level of investment activity and can help policymakers assess the economy's productive capacity.
Methodology
The data is collected and reported by the Ivorian government's national statistics agency.
Historical Context
Analysts and policymakers use this metric to gauge the health of the Ivorian economy and guide decisions around fiscal, monetary, and development policies.
Key Facts
- Cote d'Ivoire's Nominal Gross Capital Formation reached a record high of 6.58 trillion CFA francs in 2020.
- Investment as a percentage of GDP in Cote d'Ivoire has averaged around 15-20% over the past decade.
- The construction sector accounts for the largest share of Gross Capital Formation in Cote d'Ivoire.
FAQs
Q: What does this economic trend measure?
A: The Nominal Gross Capital Formation for Cote d'Ivoire measures the total value of investments in fixed assets, such as infrastructure, machinery, and equipment, within the country.
Q: Why is this trend relevant for users or analysts?
A: This metric is a key indicator of the pace of economic development and growth in Cote d'Ivoire, helping policymakers and analysts assess the country's productive capacity and guide decisions around fiscal, monetary, and development policies.
Q: How is this data collected or calculated?
A: The data is collected and reported by the Ivorian government's national statistics agency.
Q: How is this trend used in economic policy?
A: Analysts and policymakers use this metric to gauge the health of the Ivorian economy and inform decisions around fiscal, monetary, and development policies.
Q: Are there update delays or limitations?
A: The data is subject to the reporting timelines and methodological practices of the Ivorian government's statistical agency.
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Citation
U.S. Federal Reserve, Nominal Gross Capital Formation for Cote d'Ivoire (CIVNIGDPPT), retrieved from FRED.