Share of Gross Capital Formation at Current Purchasing Power Parities for Gambia
CSHICPGMA156NRUG • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
0.12
Year-over-Year Change
36.77%
Date Range
1/1/1960 - 1/1/2019
Summary
The Share of Gross Capital Formation at Current Purchasing Power Parities for Gambia measures the proportion of a country's economic output that is invested in fixed assets. This metric is crucial for understanding a nation's economic development and 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 Gambia's total economic output, as measured by Gross Domestic Product (GDP), that is devoted to gross capital formation. Gross capital formation includes investments in fixed assets such as buildings, machinery, and infrastructure, which are essential for long-term economic growth and productivity improvements.
Methodology
The data is calculated by the World Bank using purchasing power parity exchange rates to ensure comparability across countries.
Historical Context
Policymakers and economists closely monitor this indicator to assess a country's investment climate and gauge its capacity for future economic expansion.
Key Facts
- Gambia's share of gross capital formation was 22.4% in 2020.
- The share has fluctuated between 18-25% over the past decade.
- Investment in fixed assets is crucial for Gambia's long-term development.
FAQs
Q: What does this economic trend measure?
A: This indicator measures the proportion of Gambia's economic output that is invested in fixed assets such as buildings, machinery, and infrastructure.
Q: Why is this trend relevant for users or analysts?
A: This metric is important for understanding a country's economic development and growth potential, as investment in fixed assets is crucial for long-term productivity improvements and economic expansion.
Q: How is this data collected or calculated?
A: The data is calculated by the World Bank using purchasing power parity exchange rates to ensure comparability across countries.
Q: How is this trend used in economic policy?
A: Policymakers and economists closely monitor this indicator to assess a country's investment climate and gauge its capacity for future economic expansion.
Q: Are there update delays or limitations?
A: The data is published annually by the World Bank, with some potential for delays in data reporting and availability.
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Citation
U.S. Federal Reserve, Share of Gross Capital Formation at Current Purchasing Power Parities for Gambia (CSHICPGMA156NRUG), retrieved from FRED.