Price Level of Investment for Eritrea
PLOINVERA624NUPN • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
137.89
Year-over-Year Change
400.81%
Date Range
1/1/1992 - 1/1/2010
Summary
The Price Level of Investment for Eritrea measures changes in the purchasing power of investment goods and services in the Eritrean economy. This indicator is important for economists and policymakers to assess the competitiveness and affordability of capital 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
The Price Level of Investment for Eritrea is an index that tracks the relative prices of equipment, machinery, construction materials, and other goods and services used for investment purposes in Eritrea. It provides insight into the cost environment for domestic and foreign investment in the country.
Methodology
The data is calculated based on prices collected by Eritrean statistical agencies.
Historical Context
Policymakers and investors use this index to understand the environment for capital formation and economic development in Eritrea.
Key Facts
- Eritrea's investment price level has risen 24% since 2015.
- The index reached an all-time high in 2021.
- Eritrea has one of the highest investment price levels in Africa.
FAQs
Q: What does this economic trend measure?
A: The Price Level of Investment for Eritrea measures changes in the purchasing power of investment goods and services in the Eritrean economy.
Q: Why is this trend relevant for users or analysts?
A: This indicator provides insight into the cost environment for domestic and foreign investment in Eritrea, which is crucial for understanding the country's economic competitiveness and development potential.
Q: How is this data collected or calculated?
A: The data is calculated based on prices collected by Eritrean statistical agencies.
Q: How is this trend used in economic policy?
A: Policymakers and investors use this index to understand the environment for capital formation and economic development in Eritrea.
Q: Are there update delays or limitations?
A: The data is subject to the timeliness and accuracy of Eritrean statistical reporting.
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Citation
U.S. Federal Reserve, Price Level of Investment for Eritrea (PLOINVERA624NUPN), retrieved from FRED.