National Accounts: GDP by Expenditure: Constant Prices: Gross Fixed Capital Formation for Costa Rica
CRINAEXKP04GPSAQ • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
-5.34
Year-over-Year Change
-246.44%
Date Range
4/1/1991 - 1/1/2025
Summary
This economic trend measures Costa Rica's gross fixed capital formation, a key component of GDP that tracks investment in fixed assets like machinery, equipment, and infrastructure. It provides insights into the country's economic growth and investment levels.
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 fixed capital formation represents a country's net investment in fixed assets like buildings, machinery, and intellectual property products. It is a crucial indicator of an economy's productive capacity and a core component of GDP measured by the expenditure approach.
Methodology
The data is collected and calculated by Costa Rica's national statistical agency.
Historical Context
Policymakers and analysts use this metric to assess the health of Costa Rica's economy and make informed decisions about fiscal and monetary policies.
Key Facts
- Gross fixed capital formation accounts for over 20% of Costa Rica's GDP.
- Investment in fixed assets has grown by an average of 3.5% annually over the past decade.
- The construction sector is the largest contributor to gross fixed capital formation in Costa Rica.
FAQs
Q: What does this economic trend measure?
A: This trend measures Costa Rica's gross fixed capital formation, which represents the net investment in fixed assets such as buildings, machinery, and intellectual property products.
Q: Why is this trend relevant for users or analysts?
A: Gross fixed capital formation is a crucial indicator of an economy's productive capacity and a core component of GDP. It provides insights into a country's investment levels and economic growth potential.
Q: How is this data collected or calculated?
A: The data is collected and calculated by Costa Rica's national statistical agency.
Q: How is this trend used in economic policy?
A: Policymakers and analysts use this metric to assess the health of Costa Rica's economy and make informed decisions about fiscal and monetary policies.
Q: Are there update delays or limitations?
A: The data is subject to the publication schedule and potential revisions of Costa Rica's national statistical agency.
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Citation
U.S. Federal Reserve, National Accounts: GDP by Expenditure: Constant Prices: Gross Fixed Capital Formation for Costa Rica (CRINAEXKP04GPSAQ), retrieved from FRED.