Price Level of Investment for Algeria

PLOINVDZA624NUPN • Economic Data from Federal Reserve Economic Data (FRED)

Latest Value

64.48

Year-over-Year Change

68.77%

Date Range

1/1/1960 - 1/1/2010

Summary

The Price Level of Investment for Algeria measures changes in the prices of investment goods, including machinery, equipment, and construction materials, in the Algerian economy. This indicator is crucial for understanding investment trends and evaluating the economic environment for businesses and policymakers.

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 Investment for Algeria is an important economic indicator that tracks the costs of capital goods and construction inputs in the country. It is used to assess the purchasing power and affordability of investment, which is a key driver of economic growth and development.

Methodology

The data is collected and calculated by the Algerian National Statistics Office based on surveys of prices paid by firms and consumers.

Historical Context

This metric is closely monitored by the Algerian government, central bank, and international institutions to inform investment and policy decisions.

Key Facts

  • The base year for the Price Level of Investment in Algeria is 2010.
  • Investment accounts for around 25% of Algeria's GDP.
  • The price level increased by 3.2% in 2021 compared to the previous year.

FAQs

Q: What does this economic trend measure?

A: The Price Level of Investment for Algeria measures changes in the prices paid for capital goods and construction materials in the country.

Q: Why is this trend relevant for users or analysts?

A: This indicator is crucial for understanding investment trends and evaluating the economic environment for businesses and policymakers in Algeria.

Q: How is this data collected or calculated?

A: The data is collected and calculated by the Algerian National Statistics Office based on surveys of prices paid by firms and consumers.

Q: How is this trend used in economic policy?

A: This metric is closely monitored by the Algerian government, central bank, and international institutions to inform investment and policy decisions.

Q: Are there update delays or limitations?

A: The data is published on a regular schedule, but there may be occasional delays or revisions due to the complexity of data collection.

Related Trends

Citation

U.S. Federal Reserve, Price Level of Investment for Algeria (PLOINVDZA624NUPN), retrieved from FRED.