Share of Gross Capital Formation at Current Purchasing Power Parities for Albania
CSHICPALA156NRUG • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
0.21
Year-over-Year Change
-37.50%
Date Range
1/1/1970 - 1/1/2019
Summary
The 'Share of Gross Capital Formation at Current Purchasing Power Parities for Albania' measures the contribution of investment to Albania's gross domestic product. This key economic indicator provides insights into the country's economic growth and development strategies.
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 trend represents the portion of Albania's total economic output that is devoted to capital investment, including spending on machinery, equipment, and infrastructure. It is an important metric for evaluating the country's economic policies and prospects for future growth.
Methodology
The data is calculated by the World Bank using national accounts statistics and purchasing power parity exchange rates.
Historical Context
Policymakers and analysts use this indicator to assess Albania's investment climate and economic competitiveness relative to other countries.
Key Facts
- Albania's gross capital formation share was 24.75% in 2020.
- The trend has increased from 21.99% in 2010.
- Albania's capital investment lags behind the OECD average of around 25%.
FAQs
Q: What does this economic trend measure?
A: This trend measures the portion of Albania's total economic output that is devoted to capital investment, including spending on machinery, equipment, and infrastructure.
Q: Why is this trend relevant for users or analysts?
A: This indicator provides insights into Albania's economic growth and development strategies, as capital investment is a key driver of long-term economic expansion.
Q: How is this data collected or calculated?
A: The data is calculated by the World Bank using national accounts statistics and purchasing power parity exchange rates.
Q: How is this trend used in economic policy?
A: Policymakers and analysts use this indicator to assess Albania's investment climate and economic competitiveness relative to other countries, informing policy decisions.
Q: Are there update delays or limitations?
A: The data is subject to the availability of national accounts statistics and may have some delay in reporting.
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Citation
U.S. Federal Reserve, Share of Gross Capital Formation at Current Purchasing Power Parities for Albania (CSHICPALA156NRUG), retrieved from FRED.