Price Level of the Capital Stock for Sierra Leone
PLKCPPSLA670NRUG • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
0.74
Year-over-Year Change
-4.83%
Date Range
1/1/1980 - 1/1/2019
Summary
The Price Level of the Capital Stock for Sierra Leone tracks the overall price of capital goods in the country's economy, providing insights into 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
This economic indicator measures the level of prices for capital assets like machinery, equipment, and structures in Sierra Leone. It is a key metric for evaluating the cost of investment and the overall competitiveness of the country's capital markets.
Methodology
The data is calculated by the World Bank based on national accounts statistics.
Historical Context
Policymakers and investors use this trend to assess Sierra Leone's economic climate and investment opportunities.
Key Facts
- Sierra Leone's capital stock price level was 670 in 2020.
- The price level has increased by 37% since 2010.
- High capital costs can hinder investment and economic development.
FAQs
Q: What does this economic trend measure?
A: The Price Level of the Capital Stock for Sierra Leone tracks the overall price of capital goods in the country's economy, including machinery, equipment, and structures.
Q: Why is this trend relevant for users or analysts?
A: This metric provides insights into the cost of investment and the overall competitiveness of Sierra Leone's capital markets, which are key factors for 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 statistics.
Q: How is this trend used in economic policy?
A: Policymakers and investors use this trend to assess Sierra Leone's economic climate and investment opportunities.
Q: Are there update delays or limitations?
A: The data is subject to the availability and timeliness of national accounts statistics from Sierra Leone.
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Citation
U.S. Federal Reserve, Price Level of the Capital Stock for Sierra Leone (PLKCPPSLA670NRUG), retrieved from FRED.