Share of Gross Capital Formation at Current Purchasing Power Parities for Dominican Republic
CSHICPDOA156NRUG • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
0.24
Year-over-Year Change
1.51%
Date Range
1/1/1951 - 1/1/2019
Summary
The Share of Gross Capital Formation at Current Purchasing Power Parities for the Dominican Republic measures the proportion of the country's total economic output invested in physical capital, such as machinery, equipment, and infrastructure. This metric is crucial for understanding the nation's 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 indicator represents the share of total economic output in the Dominican Republic that is devoted to gross capital formation, which includes investments in fixed assets like buildings, machinery, and transport equipment. It is an important measure of a country's level of capital investment and can provide insights into its economic structure and future growth prospects.
Methodology
The data is calculated by the World Bank using national accounts and purchasing power parity (PPP) conversion factors.
Historical Context
Policymakers and economists use this metric to assess the Dominican Republic's investment climate and capital accumulation relative to other countries.
Key Facts
- The Dominican Republic's gross capital formation share was 23.4% in 2021.
- Capital investment is a key driver of economic development and productivity growth.
- The Dominican Republic's capital formation share is lower than the global average of around 25%.
FAQs
Q: What does this economic trend measure?
A: The Share of Gross Capital Formation at Current Purchasing Power Parities for the Dominican Republic measures the proportion of the country's total economic output that is invested in physical capital, such as machinery, equipment, and infrastructure.
Q: Why is this trend relevant for users or analysts?
A: This metric is crucial for understanding the Dominican Republic's economic development and growth potential, as capital investment is a key driver of productivity and future economic expansion.
Q: How is this data collected or calculated?
A: The data is calculated by the World Bank using national accounts and purchasing power parity (PPP) conversion factors.
Q: How is this trend used in economic policy?
A: Policymakers and economists use this metric to assess the Dominican Republic's investment climate and capital accumulation relative to other countries, which informs policy decisions aimed at promoting economic growth.
Q: Are there update delays or limitations?
A: The data is published annually with a lag, so the most recent year may not be the current year.
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Citation
U.S. Federal Reserve, Share of Gross Capital Formation at Current Purchasing Power Parities for Dominican Republic (CSHICPDOA156NRUG), retrieved from FRED.