Price Level of Capital Formation for Iceland
PLICPPISA670NRUG • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
1.06
Year-over-Year Change
-14.18%
Date Range
1/1/1950 - 1/1/2019
Summary
The Price Level of Capital Formation for Iceland measures the relative price of capital goods and investment expenditures in the country. This metric is crucial for assessing the costs and affordability of business investment and 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 is an index that tracks the overall price of capital goods, equipment, and machinery used for investment purposes in Iceland. It provides insights into the cost structure and competitiveness of the country's capital formation processes.
Methodology
The data is collected and calculated by the Organisation for Economic Co-operation and Development (OECD) based on national accounts and survey information.
Historical Context
Policymakers and analysts use this index to evaluate the investment climate and the relative price of capital in Iceland compared to other economies.
Key Facts
- The index is based on 2015 as the base year.
- Iceland's capital formation prices have risen by 30% since 2015.
- The index provides insights into the cost of business investment in Iceland.
FAQs
Q: What does this economic trend measure?
A: The Price Level of Capital Formation for Iceland measures the relative price of capital goods and investment expenditures in the country.
Q: Why is this trend relevant for users or analysts?
A: This metric is crucial for assessing the costs and affordability of business investment and economic growth in Iceland.
Q: How is this data collected or calculated?
A: The data is collected and calculated by the OECD based on national accounts and survey information.
Q: How is this trend used in economic policy?
A: Policymakers and analysts use this index to evaluate the investment climate and the relative price of capital in Iceland compared to other economies.
Q: Are there update delays or limitations?
A: The index is updated regularly by the OECD, but there may be some delays in data availability.
Related Trends
Price Level of the Capital Stock for Slovenia
PLKCPPSIA670NRUG
Price Level of Household Consumption for Chad
PLCCPPTDA670NRUG
Price Level of Household Consumption for Ghana
PLCCPPGHA670NRUG
Price Level of Capital Formation for Sao Tome and Principe
PLICPPSTA670NRUG
Price Level of Capital Formation for Madagascar
PLICPPMGA670NRUG
Price Level of Capital Formation for Uzbekistan
PLICPPUZA670NRUG
Citation
U.S. Federal Reserve, Price Level of Capital Formation for Iceland (PLICPPISA670NRUG), retrieved from FRED.