Share of Gross Capital Formation at Current Purchasing Power Parities for Grenada
CSHICPGDA156NRUG • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
0.18
Year-over-Year Change
-51.52%
Date Range
1/1/1970 - 1/1/2019
Summary
The 'Share of Gross Capital Formation at Current Purchasing Power Parities for Grenada' measures the proportion of Grenada's total economic output that is invested in new capital assets. This metric is important for economists and policymakers to assess the country's economic growth potential.
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 indicator represents the share of Grenada's total GDP that is allocated to gross capital formation, which includes investments in fixed assets like machinery, equipment, and infrastructure. It provides insight into the economy's productive capacity and is used to evaluate the country's development strategies.
Methodology
The data is calculated by the World Bank using national accounts statistics reported by Grenada.
Historical Context
Policymakers use this metric to monitor and inform investment and economic policies in Grenada.
Key Facts
- Grenada's gross capital formation share averaged 27% from 2010-2020.
- Capital investment is a key driver of economic development.
- The metric helps assess the sustainability of Grenada's growth model.
FAQs
Q: What does this economic trend measure?
A: This indicator measures the proportion of Grenada's total economic output that is invested in new capital assets, providing insight into the economy's productive capacity.
Q: Why is this trend relevant for users or analysts?
A: This metric is important for economists and policymakers to assess Grenada's economic growth potential and evaluate the country's development strategies.
Q: How is this data collected or calculated?
A: The data is calculated by the World Bank using national accounts statistics reported by Grenada.
Q: How is this trend used in economic policy?
A: Policymakers use this metric to monitor and inform investment and economic policies in Grenada.
Q: Are there update delays or limitations?
A: The data is published with some delay, and may be subject to revisions by the reporting agencies.
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Citation
U.S. Federal Reserve, Share of Gross Capital Formation at Current Purchasing Power Parities for Grenada (CSHICPGDA156NRUG), retrieved from FRED.