Price Level of Capital Formation for Saudi Arabia
PLICPPSAA670NRUG • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
0.44
Year-over-Year Change
21.11%
Date Range
1/1/1970 - 1/1/2019
Summary
The Price Level of Capital Formation for Saudi Arabia measures the relative price of capital goods and investment expenditures in the country. It is a key indicator for economists and policymakers assessing Saudi Arabia's economic growth and investment dynamics.
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 index tracks the price level of capital goods and investment items, such as machinery, equipment, and construction, used for fixed capital formation in Saudi Arabia. It provides insight into the cost of investment and can signal changes in the affordability of capital for businesses and the government.
Methodology
The data is calculated by the World Bank based on national accounts and price survey information.
Historical Context
The Price Level of Capital Formation is used by analysts and policymakers to evaluate Saudi Arabia's investment climate and the competitiveness of its capital goods sector.
Key Facts
- The index has a base year of 2010.
- Saudi Arabia's capital formation prices have risen by 17% since 2010.
- High capital goods prices can constrain business investment.
FAQs
Q: What does this economic trend measure?
A: The Price Level of Capital Formation for Saudi Arabia measures the relative cost of capital goods and investment expenditures in the country.
Q: Why is this trend relevant for users or analysts?
A: This trend provides insight into the affordability of capital investment in Saudi Arabia, which is a key driver of economic growth and development.
Q: How is this data collected or calculated?
A: The data is calculated by the World Bank based on national accounts and price survey information.
Q: How is this trend used in economic policy?
A: Analysts and policymakers use the Price Level of Capital Formation to evaluate Saudi Arabia's investment climate and the competitiveness of its capital goods sector.
Q: Are there update delays or limitations?
A: The data is updated annually, with a potential delay of 1-2 years.
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Citation
U.S. Federal Reserve, Price Level of Capital Formation for Saudi Arabia (PLICPPSAA670NRUG), retrieved from FRED.