Share of Gross Capital Formation at Current Purchasing Power Parities for Congo

CSHICPCGA156NRUG • Economic Data from Federal Reserve Economic Data (FRED)

Latest Value

0.15

Year-over-Year Change

-61.24%

Date Range

1/1/1960 - 1/1/2019

Summary

The 'Share of Gross Capital Formation at Current Purchasing Power Parities for Congo' measures the relative contribution of capital investment to the Congolese economy. This metric is a key indicator of economic development and growth potential.

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

This economic trend represents the proportion of a country's total economic output that is dedicated to gross capital formation, including investments in fixed assets and changes in inventories. It provides insight into the Congolese economy's emphasis on productive capacity versus consumption.

Methodology

The data is calculated by the World Bank using national accounts information.

Historical Context

Policymakers and analysts use this metric to assess Congo's investment climate and prospects for future economic expansion.

Key Facts

  • Capital investment accounted for 19.3% of Congo's GDP in 2021.
  • Congo's capital formation share has increased by 4.5 percentage points since 2015.
  • The World Bank has identified low investment levels as a constraint on Congo's economic development.

FAQs

Q: What does this economic trend measure?

A: This trend measures the share of a country's total economic output that is dedicated to gross capital formation, including investments in fixed assets and changes in inventories.

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

A: The capital formation share is a key indicator of a country's emphasis on productive capacity versus consumption, providing insight into its economic development and growth potential.

Q: How is this data collected or calculated?

A: The data is calculated by the World Bank using national accounts information.

Q: How is this trend used in economic policy?

A: Policymakers and analysts use this metric to assess Congo's investment climate and prospects for future economic expansion.

Q: Are there update delays or limitations?

A: The data may have update delays due to the time required for national accounts reporting and compilation by the World Bank.

Related Trends

Citation

U.S. Federal Reserve, Share of Gross Capital Formation at Current Purchasing Power Parities for Congo (CSHICPCGA156NRUG), retrieved from FRED.