Price Level of Capital Formation for Ethiopia
PLICPPETA670NRUG • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
0.45
Year-over-Year Change
14.55%
Date Range
1/1/1950 - 1/1/2019
Summary
The Price Level of Capital Formation for Ethiopia measures the cost of capital goods and investment in the country. It is a key indicator for monitoring 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
This series tracks the price index for capital formation, which includes machinery, equipment, and infrastructure investment in Ethiopia. It is used by economists and policymakers to assess the affordability and competitiveness of capital investment in the Ethiopian economy.
Methodology
The data is collected through surveys of businesses and institutions by Ethiopia's Central Statistical Agency.
Historical Context
The price level of capital formation is an important input for evaluating the climate for private and public investment in Ethiopia.
Key Facts
- The base year for this index is 2010.
- Capital formation accounts for over 30% of Ethiopia's GDP.
- Prices have risen over 180% since 2010.
FAQs
Q: What does this economic trend measure?
A: The Price Level of Capital Formation for Ethiopia measures the cost of capital goods and investment in the country, including machinery, equipment, and infrastructure.
Q: Why is this trend relevant for users or analysts?
A: This indicator is used by economists and policymakers to assess the affordability and competitiveness of capital investment in the Ethiopian economy, which is crucial for driving economic growth.
Q: How is this data collected or calculated?
A: The data is collected through surveys of businesses and institutions by Ethiopia's Central Statistical Agency.
Q: How is this trend used in economic policy?
A: The price level of capital formation is an important input for evaluating the climate for private and public investment in Ethiopia.
Q: Are there update delays or limitations?
A: The data is updated regularly by the Central Statistical Agency, but there may be some delays in publication.
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Citation
U.S. Federal Reserve, Price Level of Capital Formation for Ethiopia (PLICPPETA670NRUG), retrieved from FRED.