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