Price Level of Investment for Burkina Faso
PLOINVBFA624NUPN • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
56.27
Year-over-Year Change
26.27%
Date Range
1/1/1959 - 1/1/2010
Summary
The Price Level of Investment for Burkina Faso measures the relative cost of investment goods in the country compared to a base year. It is an important economic indicator for understanding capital formation and investment trends.
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 represents the price level of gross fixed capital formation in Burkina Faso, adjusting for changes in the purchasing power of the local currency. It is used to analyze the cost-competitiveness of investment and the overall environment for business investment in the country.
Methodology
The data is calculated based on national accounts statistics compiled by the Burkinabe government.
Historical Context
Policymakers and investors monitor this index to gauge the attractiveness of Burkina Faso for capital-intensive projects and foreign direct investment.
Key Facts
- The base year for the index is 2010.
- Burkina Faso's investment price level has risen 25% since 2010.
- High investment costs can deter private sector development.
FAQs
Q: What does this economic trend measure?
A: The Price Level of Investment for Burkina Faso measures the relative cost of investment goods in the country compared to a base year.
Q: Why is this trend relevant for users or analysts?
A: This index is used to analyze the cost-competitiveness of investment and the overall environment for business investment in Burkina Faso.
Q: How is this data collected or calculated?
A: The data is calculated based on national accounts statistics compiled by the Burkinabe government.
Q: How is this trend used in economic policy?
A: Policymakers and investors monitor this index to gauge the attractiveness of Burkina Faso for capital-intensive projects and foreign direct investment.
Q: Are there update delays or limitations?
A: The data is subject to the timeliness and availability of national accounts statistics from Burkina Faso.
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Citation
U.S. Federal Reserve, Price Level of Investment for Burkina Faso (PLOINVBFA624NUPN), retrieved from FRED.