Nominal Gross Capital Formation for Estonia
NIXDCESA • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
325,881.00
Year-over-Year Change
69.17%
Date Range
1/1/1995 - 1/1/2024
Summary
The Nominal Gross Capital Formation for Estonia measures the total value of investments in fixed assets and inventories in the Estonian economy. It is a key indicator of economic growth and investment activity.
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 additions to the fixed assets of the economy plus net changes in the level of inventories. This metric is widely used by economists and policymakers to assess the health and trajectory of the Estonian economy.
Methodology
The data is collected and calculated by Eurostat based on national accounts statistics.
Historical Context
Trends in Gross Capital Formation are closely monitored by the Estonian central bank and government for policy decisions.
Key Facts
- Estonia's Nominal Gross Capital Formation was €7.4 billion in 2021.
- Capital formation accounted for 24.2% of Estonia's GDP in 2021.
- Investment levels have fluctuated significantly in Estonia over the past decade.
FAQs
Q: What does this economic trend measure?
A: The Nominal Gross Capital Formation for Estonia measures the total value of investments in fixed assets and inventories in the Estonian economy.
Q: Why is this trend relevant for users or analysts?
A: Gross Capital Formation is a key indicator of economic growth and investment activity, providing insight into the health and trajectory of the Estonian economy.
Q: How is this data collected or calculated?
A: The data is collected and calculated by Eurostat based on national accounts statistics.
Q: How is this trend used in economic policy?
A: Trends in Gross Capital Formation are closely monitored by the Estonian central bank and government for policy decisions.
Q: Are there update delays or limitations?
A: The data is published on a quarterly basis with a typical delay of 2-3 months.
Related Trends
Consumer Price Indices (CPIs, HICPs), COICOP 1999: Consumer Price Index: Energy for Estonia
ESTCPHPEN01GYM
Consumer Price Indices (CPIs, HICPs), COICOP 1999: Consumer Price Index: Education for Estonia
ESTCPHP1000GYM
Infra-Annual Labor Statistics: Employment Total: From 55 to 64 Years for Estonia
LFEM55TTEEA647S
Producer Prices Index: Economic Activities: Manufacture of Food Products: Domestic for Estonia
ESTPIEAFD02GYM
Infra-Annual Labor Statistics: Monthly Unemployment Rate Total: 15 Years or over for Estonia
LRHUTTTTEEM156S
Nominal External Balance of Goods and Services for Estonia
NNXGSNSAXDCESQ
Citation
U.S. Federal Reserve, Nominal Gross Capital Formation for Estonia (NIXDCESA), retrieved from FRED.