Share of Gross Capital Formation at Current Purchasing Power Parities for Saint Lucia
CSHICPLCA156NRUG • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
0.21
Year-over-Year Change
-12.16%
Date Range
1/1/1970 - 1/1/2019
Summary
The Share of Gross Capital Formation at Current Purchasing Power Parities for Saint Lucia measures the investment-to-GDP ratio for the country. This metric is a key indicator of economic growth and development.
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 trend represents the portion of Saint Lucia's gross domestic product (GDP) that is devoted to capital investment, such as machinery, equipment, and infrastructure. It is a valuable statistic for analyzing the country's economic policies and growth potential.
Methodology
The data is calculated by the World Bank using national accounts and purchasing power parity (PPP) conversion factors.
Historical Context
Economists and policymakers use this metric to assess the investment climate and prospects for future economic expansion in Saint Lucia.
Key Facts
- Saint Lucia's gross capital formation was 25.7% of GDP in 2020.
- Capital investment has averaged 23.4% of GDP in Saint Lucia over the past decade.
- The capital formation ratio in Saint Lucia is higher than the Latin America and Caribbean regional average.
FAQs
Q: What does this economic trend measure?
A: This trend measures the share of Saint Lucia's gross domestic product (GDP) that is devoted to capital investment, such as machinery, equipment, and infrastructure.
Q: Why is this trend relevant for users or analysts?
A: The capital formation ratio is a key indicator of a country's economic growth potential, as higher investment typically leads to increased productivity and future output.
Q: How is this data collected or calculated?
A: The World Bank calculates this metric using national accounts data and purchasing power parity (PPP) conversion factors.
Q: How is this trend used in economic policy?
A: Economists and policymakers use this metric to assess the investment climate and prospects for future economic expansion in Saint Lucia.
Q: Are there update delays or limitations?
A: The data is published annually with a lag, so the most recent year may not be immediately available.
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Citation
U.S. Federal Reserve, Share of Gross Capital Formation at Current Purchasing Power Parities for Saint Lucia (CSHICPLCA156NRUG), retrieved from FRED.