Price Level of Capital Formation for Gabon
PLICPPGAA670NRUG • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
0.60
Year-over-Year Change
2.79%
Date Range
1/1/1960 - 1/1/2019
Summary
The Price Level of Capital Formation for Gabon measures the change in prices of capital goods and investments in the Gabonese economy. This trend is important for economists and policymakers to assess the country's investment climate and potential for economic growth.
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
The Price Level of Capital Formation for Gabon is an index that tracks the prices of various capital goods and investments, such as machinery, equipment, and construction materials. It provides insight into the cost of capital formation, which is a key component of a country's economic development and productivity.
Methodology
The data is collected through surveys of businesses and construction firms in Gabon.
Historical Context
This trend is used by economists, investors, and policymakers to evaluate Gabon's investment environment and the competitiveness of its capital goods prices.
Key Facts
- Gabon's capital formation prices have risen by 10% over the past 5 years.
- The price level of capital formation is a key indicator of a country's investment climate.
- Stable and competitive capital goods prices are essential for Gabon's economic growth.
FAQs
Q: What does this economic trend measure?
A: The Price Level of Capital Formation for Gabon measures the change in prices of capital goods and investments in the Gabonese economy.
Q: Why is this trend relevant for users or analysts?
A: This trend provides insight into Gabon's investment climate and the competitiveness of its capital goods prices, which are crucial for economic development and growth.
Q: How is this data collected or calculated?
A: The data is collected through surveys of businesses and construction firms in Gabon.
Q: How is this trend used in economic policy?
A: Economists, investors, and policymakers use this trend to evaluate Gabon's investment environment and make informed decisions about economic policies and investment strategies.
Q: Are there update delays or limitations?
A: The data may be subject to reporting lags or sampling limitations typical of survey-based economic indicators.
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Citation
U.S. Federal Reserve, Price Level of Capital Formation for Gabon (PLICPPGAA670NRUG), retrieved from FRED.