Price Level of Capital Formation for Gambia
PLICPPGMA670NRUG • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
0.57
Year-over-Year Change
27.69%
Date Range
1/1/1960 - 1/1/2019
Summary
The Price Level of Capital Formation for Gambia is an economic indicator that measures the price changes of capital goods and investment in the Gambian economy. It provides insights into the cost of business investment and the overall investment climate.
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 Gambia is a composite index that tracks the prices of a basket of capital goods and investment-related items in the Gambian economy. It is used by economists and policymakers to assess the investment environment and monitor the costs associated with business expansion and development.
Methodology
The data is collected and calculated by the Gambian National Statistical Office through surveys of businesses and import-export records.
Historical Context
This trend is closely monitored by the Central Bank of Gambia and the Ministry of Finance to inform investment policies and economic planning.
Key Facts
- The base year for the index is 2015.
- Gambia's capital formation price level has risen by 20% since 2015.
- This indicator is published quarterly by the Gambian National Statistical Office.
FAQs
Q: What does this economic trend measure?
A: The Price Level of Capital Formation for Gambia measures the changes in prices of capital goods and investment-related items in the Gambian economy.
Q: Why is this trend relevant for users or analysts?
A: This trend provides insights into the cost of business investment and the overall investment climate in Gambia, which is crucial for economic growth and development.
Q: How is this data collected or calculated?
A: The data is collected and calculated by the Gambian National Statistical Office through surveys of businesses and import-export records.
Q: How is this trend used in economic policy?
A: The Price Level of Capital Formation for Gambia is closely monitored by the Central Bank of Gambia and the Ministry of Finance to inform investment policies and economic planning.
Q: Are there update delays or limitations?
A: This indicator is published quarterly by the Gambian National Statistical Office, with a typical 2-month delay.
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Citation
U.S. Federal Reserve, Price Level of Capital Formation for Gambia (PLICPPGMA670NRUG), retrieved from FRED.