Share of Gross Capital Formation at Current Purchasing Power Parities for Trinidad and Tobago
CSHICPTTA156NRUG • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
0.08
Year-over-Year Change
-36.71%
Date Range
1/1/1950 - 1/1/2019
Summary
The Share of Gross Capital Formation at Current Purchasing Power Parities for Trinidad and Tobago measures investment activity in the country's economy. This metric is important for economists and policymakers to assess 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 indicator represents the proportion of Trinidad and Tobago's total economic output that is allocated to gross capital formation, including fixed assets and changes in inventories. It provides insight into the nation's investment levels and capital accumulation relative to overall economic activity.
Methodology
The data is calculated by the World Bank using national accounts and purchasing power parity (PPP) conversion factors.
Historical Context
Analysts and policymakers monitor this trend to gauge the economic climate and guide investment and fiscal policies.
Key Facts
- The metric ranges from 0 to 100 percent.
- Investment levels impact future economic productivity.
- Trinidad and Tobago is a major economy in the Caribbean region.
FAQs
Q: What does this economic trend measure?
A: This indicator measures the proportion of Trinidad and Tobago's total economic output that is allocated to gross capital formation, including fixed assets and changes in inventories.
Q: Why is this trend relevant for users or analysts?
A: This metric provides insight into the nation's investment levels and capital accumulation, which are important factors for assessing economic growth and development.
Q: How is this data collected or calculated?
A: The data is calculated by the World Bank using national accounts and purchasing power parity (PPP) conversion factors.
Q: How is this trend used in economic policy?
A: Analysts and policymakers monitor this trend to gauge the economic climate and guide investment and fiscal policies.
Q: Are there update delays or limitations?
A: The data may be subject to periodic updates and revisions by the World Bank.
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Citation
U.S. Federal Reserve, Share of Gross Capital Formation at Current Purchasing Power Parities for Trinidad and Tobago (CSHICPTTA156NRUG), retrieved from FRED.