Share of Gross Capital Formation at Current Purchasing Power Parities for Macao

CSHICPMOA156NRUG • Economic Data from Federal Reserve Economic Data (FRED)

Latest Value

0.16

Year-over-Year Change

-53.99%

Date Range

1/1/1970 - 1/1/2019

Summary

The 'Share of Gross Capital Formation at Current Purchasing Power Parities for Macao' tracks the proportion of Macao's total economic output dedicated to investment in capital assets. 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 series represents the share of gross capital formation, or total investment in fixed assets and inventories, as a percentage of Macao's gross domestic product. It is a widely used measure of a region's capital accumulation and its capacity for future productivity gains.

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 assess Macao's economic structure and investment climate compared to other economies.

Key Facts

  • Macao's share of gross capital formation was 26.78% in 2021.
  • This metric has increased from 18.03% in 1980 as Macao's economy has developed.
  • Macao's capital formation share is higher than the global average of around 25%.

FAQs

Q: What does this economic trend measure?

A: This series tracks the proportion of Macao's total economic output that is dedicated to investment in capital assets such as machinery, equipment, and infrastructure.

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

A: The share of gross capital formation is a key indicator of a region's economic growth and development potential, as investment in productive assets drives future productivity gains.

Q: How is this data collected or calculated?

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

Q: How is this trend used in economic policy?

A: Policymakers and analysts use this metric to assess Macao's economic structure and investment climate compared to other economies, informing decisions on economic development strategies.

Q: Are there update delays or limitations?

A: There may be delays of up to two years in the availability of this data, and the metric may not fully capture certain types of investment.

Related Trends

Citation

U.S. Federal Reserve, Share of Gross Capital Formation at Current Purchasing Power Parities for Macao (CSHICPMOA156NRUG), retrieved from FRED.