Share of Gross Capital Formation at Current Purchasing Power Parities for Cape Verde

CSHICPCVA156NRUG • Economic Data from Federal Reserve Economic Data (FRED)

Latest Value

0.24

Year-over-Year Change

-54.56%

Date Range

1/1/1960 - 1/1/2019

Summary

This economic trend measures the share of gross capital formation in Cape Verde's economy, adjusted for purchasing power parity. It provides insights into the country's investment and economic growth dynamics.

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

The share of gross capital formation at current purchasing power parities is an important indicator of a country's economic development and investment activity. It represents the portion of economic output that is devoted to increasing the capital stock, including investments in machinery, equipment, and infrastructure.

Methodology

The data is calculated by the World Bank using national accounts and purchasing power parity conversion factors.

Historical Context

This trend is widely used by economists and policymakers to assess a country's investment climate and long-term growth potential.

Key Facts

  • Cape Verde's share of gross capital formation was 36.3% in 2020.
  • The trend has fluctuated between 32-39% over the past decade.
  • Investment is a key driver of Cape Verde's economic growth and development.

FAQs

Q: What does this economic trend measure?

A: This trend measures the share of gross capital formation in Cape Verde's economy, adjusted for purchasing power parity. It represents the portion of economic output devoted to increasing the capital stock.

Q: Why is this trend relevant for users or analysts?

A: This trend provides insights into Cape Verde's investment activity and long-term growth potential, which is valuable information for economists, policymakers, and investors.

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: This trend is widely used by economists and policymakers to assess a country's investment climate and growth potential, which informs economic policies and strategies.

Q: Are there update delays or limitations?

A: The data is published annually by the World Bank, so there may be a delay of up to a year or more in the most recent figures.

Related Trends

Citation

U.S. Federal Reserve, Share of Gross Capital Formation at Current Purchasing Power Parities for Cape Verde (CSHICPCVA156NRUG), retrieved from FRED.