Price Level of Investment for Republic of Korea
PLOINVKRA624NUPN • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
60.31
Year-over-Year Change
38.59%
Date Range
1/1/1953 - 1/1/2010
Summary
The Price Level of Investment for Republic of Korea (South Korea) is an economic indicator that measures the inflation-adjusted price index for investment goods in the South Korean economy. It provides insights into the cost and affordability of capital equipment and other investments.
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 tracks the changes in prices for a broad basket of investment goods, including machinery, equipment, and construction materials. This metric is used by economists and policymakers to understand trends in domestic investment and the overall investment climate within South Korea.
Methodology
The data is calculated by the Bank of Korea based on a survey of prices for various investment goods.
Historical Context
The investment price level is a key input for analyzing capital formation, productivity, and the broader economic conditions in South Korea.
Key Facts
- The base year for the investment price index is 2015.
- Investment accounts for approximately 30% of South Korea's GDP.
- The index has increased by over 10% since 2015.
FAQs
Q: What does this economic trend measure?
A: The Price Level of Investment for Republic of Korea measures the inflation-adjusted price index for a broad basket of investment goods, including machinery, equipment, and construction materials.
Q: Why is this trend relevant for users or analysts?
A: This metric provides insights into the cost and affordability of capital investment in the South Korean economy, which is a key driver of economic growth and productivity.
Q: How is this data collected or calculated?
A: The data is calculated by the Bank of Korea based on a survey of prices for various investment goods.
Q: How is this trend used in economic policy?
A: The investment price level is used by economists and policymakers to analyze capital formation, productivity, and the broader economic conditions in South Korea.
Q: Are there update delays or limitations?
A: The data is published on a regular basis by the Bank of Korea, with some potential for minor delays in reporting.
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Citation
U.S. Federal Reserve, Price Level of Investment for Republic of Korea (PLOINVKRA624NUPN), retrieved from FRED.