Price Level of Capital Formation for Viet Nam
PLICPPVNA670NRUG • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
0.40
Year-over-Year Change
46.13%
Date Range
1/1/1970 - 1/1/2019
Summary
The Price Level of Capital Formation for Viet Nam measures the price changes of investment goods in the Vietnamese economy. This metric is important for economists and policymakers to assess the affordability and dynamics of business investment.
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 economic indicator tracks the overall price level of capital goods like machinery, equipment, and structures used for investment purposes in Viet Nam. It provides insight into the cost environment for businesses and informs analysis of economic growth and investment trends.
Methodology
The data is collected by Vietnam's General Statistics Office through surveys of businesses and investment projects.
Historical Context
Policymakers use this indicator to monitor inflationary pressures and the competitiveness of Vietnamese capital goods markets.
Key Facts
- The base year for this index is 2015.
- Vietnam's capital formation prices rose 6.3% in 2021.
- Investment goods account for over 30% of Vietnam's GDP.
FAQs
Q: What does this economic trend measure?
A: The Price Level of Capital Formation for Viet Nam measures the overall price changes of investment goods and capital equipment in the Vietnamese economy.
Q: Why is this trend relevant for users or analysts?
A: This indicator provides important insights into the cost environment for business investment, which is a key driver of economic growth and development.
Q: How is this data collected or calculated?
A: The data is collected by Vietnam's General Statistics Office through surveys of businesses and investment projects.
Q: How is this trend used in economic policy?
A: Policymakers use this indicator to monitor inflationary pressures and the competitiveness of Vietnamese capital goods markets, informing decisions on fiscal, monetary, and investment policies.
Q: Are there update delays or limitations?
A: The data is typically published with a 1-2 month lag and may be subject to revisions over time.
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Citation
U.S. Federal Reserve, Price Level of Capital Formation for Viet Nam (PLICPPVNA670NRUG), retrieved from FRED.