Share of Gross Capital Formation at Current Purchasing Power Parities for Costa Rica
CSHICPCRA156NRUG • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
0.16
Year-over-Year Change
-28.98%
Date Range
1/1/1950 - 1/1/2019
Summary
The Share of Gross Capital Formation at Current Purchasing Power Parities for Costa Rica measures the investment component of the country's GDP. This metric is important for economists and policymakers to assess the health and growth potential of the Costa Rican economy.
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 indicator represents the portion of Costa Rica's total economic output that is devoted to investment in physical capital, such as machinery, equipment, and infrastructure. It is a key measure of a country's economic development and future productive capacity.
Methodology
The data is calculated by the World Bank using national accounts and purchasing power parity conversion factors.
Historical Context
Policymakers and analysts use this metric to evaluate Costa Rica's investment climate and competitiveness.
Key Facts
- Costa Rica's gross capital formation was 21.4% of GDP in 2021.
- Investment has been a key driver of Costa Rica's economic growth in recent decades.
- The country has attracted significant foreign direct investment in sectors like technology and manufacturing.
FAQs
Q: What does this economic trend measure?
A: This metric measures the share of Costa Rica's total economic output that is devoted to investment in physical capital, such as machinery, equipment, and infrastructure.
Q: Why is this trend relevant for users or analysts?
A: This indicator is important for assessing the health and growth potential of the Costa Rican economy, as investment is a key driver of economic development and productive capacity.
Q: How is this data collected or calculated?
A: The data is calculated by the World Bank using national accounts and purchasing power parity conversion factors.
Q: How is this trend used in economic policy?
A: Policymakers and analysts use this metric to evaluate Costa Rica's investment climate and competitiveness, which can inform decisions on economic policies and reforms.
Q: Are there update delays or limitations?
A: The data is published annually with a lag, so there may be a delay in accessing the most recent figures.
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Citation
U.S. Federal Reserve, Share of Gross Capital Formation at Current Purchasing Power Parities for Costa Rica (CSHICPCRA156NRUG), retrieved from FRED.