Price Level of Investment for Senegal

PLOINVSNA624NUPN • Economic Data from Federal Reserve Economic Data (FRED)

Latest Value

64.89

Year-over-Year Change

41.35%

Date Range

1/1/1960 - 1/1/2010

Summary

The Price Level of Investment for Senegal measures changes in the cost of investment goods and services in the Senegalese economy. This metric is important for economists and policymakers to assess the affordability and viability of investment activities.

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 Senegal is an economic indicator that tracks the prices paid by investors for capital goods, infrastructure, and other investment-related expenditures. It serves as a barometer for the investment climate and can inform policy decisions around stimulating domestic and foreign investment.

Methodology

The data is collected through surveys of businesses and consumers and calculated as an index relative to a base year.

Historical Context

Policymakers use this metric to gauge the competitiveness of Senegal's investment environment compared to other countries.

Key Facts

  • The base year for the Price Level of Investment for Senegal is 2010.
  • Investment accounts for over 25% of Senegal's GDP.
  • Senegal aims to attract more foreign direct investment to spur economic growth.

FAQs

Q: What does this economic trend measure?

A: The Price Level of Investment for Senegal measures changes in the prices of capital goods, infrastructure, and other investment-related expenditures in the Senegalese economy.

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

A: This metric is important for assessing the affordability and competitiveness of Senegal's investment climate, which is crucial for policymakers seeking to stimulate domestic and foreign investment.

Q: How is this data collected or calculated?

A: The data is collected through surveys of businesses and consumers and calculated as an index relative to a base year.

Q: How is this trend used in economic policy?

A: Policymakers use this metric to gauge the competitiveness of Senegal's investment environment compared to other countries and inform decisions aimed at attracting more investment.

Q: Are there update delays or limitations?

A: The Price Level of Investment for Senegal data is published regularly, but there may be a short delay in availability due to the time required for data collection and processing.

Related Trends

Citation

U.S. Federal Reserve, Price Level of Investment for Senegal (PLOINVSNA624NUPN), retrieved from FRED.