Share of Gross Capital Formation at Current Purchasing Power Parities for Suriname
CSHICPSRA156NRUG • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
0.38
Year-over-Year Change
-16.36%
Date Range
1/1/1970 - 1/1/2019
Summary
The Share of Gross Capital Formation at Current Purchasing Power Parities for Suriname measures the portion of the country's economic output dedicated to investment in capital assets. This metric is a key indicator of a nation's economic development and future 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
Gross capital formation represents the total value of a country's fixed assets and changes in inventories. Analyzing this share provides insights into Suriname's economic structure, investment priorities, and capacity for long-term expansion.
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 Suriname's macroeconomic performance and prospects for sustainable development.
Key Facts
- Suriname's share of gross capital formation was 25.6% in 2021.
- This metric has fluctuated between 20-30% over the past decade.
- Investment in capital assets is crucial for Suriname's long-term economic growth.
FAQs
Q: What does this economic trend measure?
A: The Share of Gross Capital Formation at Current Purchasing Power Parities for Suriname measures the portion of the country's 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: This metric provides insights into Suriname's economic structure, investment priorities, and capacity for long-term growth and development. It is a key indicator used by policymakers and economists to assess the country's macroeconomic performance and prospects.
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 evaluate Suriname's investment levels, identify opportunities for improvement, and inform strategies to promote sustainable economic development.
Q: Are there update delays or limitations?
A: The data is published annually with a delay, so it may not reflect the most recent economic conditions in Suriname. Additionally, the reliability of the metric may be affected by the accuracy of the underlying national accounts and purchasing power parity data.
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Citation
U.S. Federal Reserve, Share of Gross Capital Formation at Current Purchasing Power Parities for Suriname (CSHICPSRA156NRUG), retrieved from FRED.