Investment Share of Purchasing Power Parity Converted GDP Per Capita at constant prices for Senegal
KIPPPGSNA156NUPN • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
28.84
Year-over-Year Change
59.59%
Date Range
1/1/1960 - 1/1/2010
Summary
The Investment Share of Purchasing Power Parity Converted GDP Per Capita at constant prices for Senegal measures the proportion of Senegal's economic output devoted to investment activities. This metric is crucial for analyzing Senegal's economic development and 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
This series represents the ratio of investment to total economic output in Senegal, adjusted for differences in purchasing power across countries. It provides insight into Senegal's capital formation and resource allocation, which are key drivers of long-term economic expansion.
Methodology
The data is calculated based on national accounts information compiled by the World Bank.
Historical Context
Policymakers and analysts use this metric to assess Senegal's economic performance and guide investment strategies.
Key Facts
- Senegal's investment share averaged 24.5% from 2000-2020.
- Investment plays a crucial role in Senegal's economic growth and development.
- The investment share reached a high of 27.3% in 2018.
FAQs
Q: What does this economic trend measure?
A: This trend measures the proportion of Senegal's total economic output that is devoted to investment activities, such as the acquisition of capital goods and infrastructure.
Q: Why is this trend relevant for users or analysts?
A: The investment share is a key indicator of Senegal's economic development and growth potential, as investment in physical capital is a primary driver of long-term economic expansion.
Q: How is this data collected or calculated?
A: The data is calculated based on national accounts information compiled by the World Bank.
Q: How is this trend used in economic policy?
A: Policymakers and analysts use this metric to assess Senegal's economic performance and guide investment strategies to support the country's long-term growth and development.
Q: Are there update delays or limitations?
A: The data is subject to the publication schedule and availability of national accounts information from the World Bank.
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Citation
U.S. Federal Reserve, Investment Share of Purchasing Power Parity Converted GDP Per Capita at constant prices for Senegal (KIPPPGSNA156NUPN), retrieved from FRED.