Price Level of Investment for Iceland
PLOINVISA624NUPN • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
81.69
Year-over-Year Change
-3.03%
Date Range
1/1/1950 - 1/1/2010
Summary
The Price Level of Investment (PLI) for Iceland measures the relative purchasing power of investment goods in Iceland compared to the United States. It provides insights into the competitiveness of Iceland's investment environment.
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 PLI for Iceland is an index that compares the prices of investment goods, such as machinery, equipment, and construction, in Iceland to their prices in the United States. It offers a standardized measure of investment costs that is useful for economists and policymakers analyzing Iceland's economic performance and competitiveness.
Methodology
The data is collected by the OECD through surveys and calculations based on national accounts information.
Historical Context
The PLI for Iceland is used to inform investment decisions, trade policies, and economic development strategies.
Key Facts
- The PLI for Iceland is indexed to the U.S. price level of 100.
- Iceland's PLI was 82.7 in 2021, indicating investment goods are 17.3% cheaper than in the U.S.
- The PLI for Iceland has fluctuated between 72.4 and 92.7 over the past decade.
FAQs
Q: What does this economic trend measure?
A: The Price Level of Investment (PLI) for Iceland measures the relative cost of investment goods, such as machinery and construction, in Iceland compared to the United States.
Q: Why is this trend relevant for users or analysts?
A: The PLI for Iceland provides insights into the competitiveness of Iceland's investment environment, which is useful for investors, policymakers, and economists analyzing economic performance.
Q: How is this data collected or calculated?
A: The data is collected by the OECD through surveys and calculations based on national accounts information.
Q: How is this trend used in economic policy?
A: The PLI for Iceland is used to inform investment decisions, trade policies, and economic development strategies.
Q: Are there update delays or limitations?
A: The PLI for Iceland is updated annually by the OECD, and there may be some delay in the most recent data being available.
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Citation
U.S. Federal Reserve, Price Level of Investment for Iceland (PLOINVISA624NUPN), retrieved from FRED.