Share of Gross Capital Formation at Current Purchasing Power Parities for Guinea
CSHICPGNA156NRUG • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
0.08
Year-over-Year Change
-44.34%
Date Range
1/1/1959 - 1/1/2019
Summary
The Share of Gross Capital Formation at Current Purchasing Power Parities for Guinea measures the ratio of a country's investment to its overall economic output. This metric is crucial for understanding Guinea's economic development and investment trends.
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 percentage of Guinea's gross domestic product (GDP) that is devoted to capital formation, such as investments in machinery, equipment, and infrastructure. It provides insights into the country's economic priorities and its capacity for future growth.
Methodology
The data is calculated by the World Bank using national accounts and purchasing power parity (PPP) conversion factors.
Historical Context
This trend is widely used by economists, policymakers, and investors to assess Guinea's economic performance and investment climate.
Key Facts
- Guinea's share of gross capital formation was 13.4% in 2021.
- This metric has fluctuated between 10-15% over the past decade.
- Investment in capital formation is crucial for Guinea's economic development.
FAQs
Q: What does this economic trend measure?
A: This trend measures the ratio of Guinea's gross capital formation (investment in fixed assets) to its overall gross domestic product (GDP).
Q: Why is this trend relevant for users or analysts?
A: This metric provides insights into Guinea's investment activity and economic priorities, which are crucial for assessing the country's growth potential and development.
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 evaluate Guinea's investment climate, guide policy decisions, and track the country's progress towards economic development goals.
Q: Are there update delays or limitations?
A: The data is typically published with a lag of 1-2 years, and may be subject to revisions as more information becomes available.
Related Trends
Share of Household Consumption at Current Purchasing Power Parities for Honduras
CSHCCPHNA156NRUG
Share of Residual Trade and GDP Statistical Discrepancy at Current Purchasing Power Parities for Lithuania
CSHRCPLTA156NRUG
Share of Merchandise Exports at Current Purchasing Power Parities for Azerbaijan
CSHXCPAZA156NRUG
Share of Household Consumption at Current Purchasing Power Parities for Tunisia
CSHCCPTNA156NRUG
Share of Household Consumption at Current Purchasing Power Parities for Norway
CSHCCPNOA156NRUG
Share of Merchandise Exports at Current Purchasing Power Parities for Malawi
CSHXCPMWA156NRUG
Citation
U.S. Federal Reserve, Share of Gross Capital Formation at Current Purchasing Power Parities for Guinea (CSHICPGNA156NRUG), retrieved from FRED.