Share of Gross Capital Formation at Current Purchasing Power Parities for Niger
CSHICPNEA156NRUG • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
0.24
Year-over-Year Change
69.66%
Date Range
1/1/1960 - 1/1/2019
Summary
The Share of Gross Capital Formation at Current Purchasing Power Parities for Niger measures the portion of a country's total economic output dedicated to investment in new capital goods. This metric is a key indicator of economic development and future productivity.
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 Niger's gross domestic product (GDP) that is invested in fixed assets such as buildings, machinery, and infrastructure. It is an important measure of a country's economic structure and growth potential.
Methodology
The data is calculated based on national accounts statistics reported by the World Bank.
Historical Context
Policymakers and economists use this metric to assess Niger's capital investment and forecast future economic performance.
Key Facts
- Niger's share of gross capital formation was 31.9% in 2021.
- Capital investment in Niger has grown from 16.9% of GDP in 1980 to 31.9% in 2021.
- Gross capital formation is a leading indicator of economic growth in developing countries like Niger.
FAQs
Q: What does this economic trend measure?
A: This indicator measures the proportion of Niger's total economic output that is dedicated to investment in new capital goods, such as buildings, machinery, and infrastructure.
Q: Why is this trend relevant for users or analysts?
A: The share of gross capital formation is an important metric for assessing a country's economic structure, growth potential, and development stage.
Q: How is this data collected or calculated?
A: The data is calculated based on national accounts statistics reported by the World Bank.
Q: How is this trend used in economic policy?
A: Policymakers and economists use this metric to evaluate Niger's capital investment levels and forecast future economic performance.
Q: Are there update delays or limitations?
A: There may be delays in data reporting, and the metric may not capture all forms of investment in a developing economy like Niger.
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Citation
U.S. Federal Reserve, Share of Gross Capital Formation at Current Purchasing Power Parities for Niger (CSHICPNEA156NRUG), retrieved from FRED.