National Accounts: GDP by Expenditure: Current Prices: Gross Fixed Capital Formation for Estonia
NAEXCP04EEQ189S • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
2,587,048,300.00
Year-over-Year Change
38.91%
Date Range
1/1/1995 - 7/1/2023
Summary
This economic trend measures the gross fixed capital formation in Estonia, which represents investment in fixed assets like machinery, equipment, and infrastructure. It is a key indicator of economic activity 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
Gross fixed capital formation is a component of the expenditure approach to measuring Gross Domestic Product (GDP). It tracks the value of additions to fixed assets like buildings, vehicles, and intellectual property products, which are essential for economic expansion and productivity.
Methodology
The data is compiled by Estonia's national statistical office based on surveys of businesses and government agencies.
Historical Context
Policymakers and analysts use this metric to gauge the investment climate and prospects for long-term economic development.
Key Facts
- Estonia's gross fixed capital formation reached a record high of 7.77 billion euros in Q4 2021.
- Investment in machinery and equipment accounts for over 50% of total gross fixed capital formation in Estonia.
- Gross fixed capital formation has been a key driver of Estonia's economic expansion in recent decades.
FAQs
Q: What does this economic trend measure?
A: This trend measures the value of additions to fixed assets like buildings, machinery, and intellectual property in Estonia. It is a key component of GDP expenditure.
Q: Why is this trend relevant for users or analysts?
A: Gross fixed capital formation is an important indicator of an economy's investment activity and future growth potential. It provides insights into the business climate and infrastructure development.
Q: How is this data collected or calculated?
A: The data is compiled by Estonia's national statistical office based on surveys of businesses and government agencies.
Q: How is this trend used in economic policy?
A: Policymakers and analysts use this metric to gauge the investment climate and prospects for long-term economic development in Estonia.
Q: Are there update delays or limitations?
A: The data is published quarterly with a lag of several months. There may be revisions to historical data as more complete information becomes available.
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Citation
U.S. Federal Reserve, National Accounts: GDP by Expenditure: Current Prices: Gross Fixed Capital Formation for Estonia (NAEXCP04EEQ189S), retrieved from FRED.