Price Level of Capital Formation for Suriname
PLICPPSRA670NRUG • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
0.49
Year-over-Year Change
-9.33%
Date Range
1/1/1970 - 1/1/2019
Summary
The Price Level of Capital Formation for Suriname measures the relative cost of capital goods and investment in the Surinamese economy. This metric is crucial for economists and policymakers to assess the country's economic development and 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 Suriname is an index that tracks the average prices of a basket of capital goods and equipment used for investment purposes in the country. It provides insight into the overall cost of capital formation, which is a key driver of economic growth and productivity.
Methodology
The data is collected by the Surinamese government through surveys of businesses and investment projects.
Historical Context
This metric is widely used by economists, investors, and policymakers to evaluate Suriname's economic competitiveness and potential for investment and capital formation.
Key Facts
- Suriname is a middle-income country in South America.
- Capital formation is a key driver of economic growth.
- The price level of capital goods can impact investment decisions.
FAQs
Q: What does this economic trend measure?
A: The Price Level of Capital Formation for Suriname measures the relative cost of capital goods and equipment used for investment purposes in the Surinamese economy.
Q: Why is this trend relevant for users or analysts?
A: This metric is crucial for evaluating Suriname's investment climate and economic competitiveness, as the price of capital goods can significantly impact investment decisions and overall economic development.
Q: How is this data collected or calculated?
A: The data is collected by the Surinamese government through surveys of businesses and investment projects.
Q: How is this trend used in economic policy?
A: Economists, investors, and policymakers use this metric to assess Suriname's potential for capital formation and investment, which informs economic development strategies and policies.
Q: Are there update delays or limitations?
A: The data may be subject to occasional delays in publication, and the basket of capital goods tracked may not fully represent all investment activities in the Surinamese economy.
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Citation
U.S. Federal Reserve, Price Level of Capital Formation for Suriname (PLICPPSRA670NRUG), retrieved from FRED.