Share of Gross Capital Formation at Current Purchasing Power Parities for Lao People's Democratic Republic
CSHICPLAA156NRUG • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
0.24
Year-over-Year Change
-28.60%
Date Range
1/1/1970 - 1/1/2019
Summary
This economic trend measures the share of Gross Capital Formation (GCF) at current purchasing power parities for Lao People's Democratic Republic. It provides insights into the country's investment and economic growth dynamics.
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 Share of Gross Capital Formation at Current Purchasing Power Parities is an important indicator of a country's investment and economic development. It represents the portion of the country's total economic output that is devoted to expanding its productive capacity through investments in fixed assets like machinery, equipment, and infrastructure.
Methodology
The data is collected and calculated by the World Bank based on national accounts statistics.
Historical Context
This trend is widely used by economists, policymakers, and international organizations to assess a country's economic performance and investment climate.
Key Facts
- Lao PDR's GCF share was 25.78% in 2021.
- The trend has fluctuated between 23-29% over the past decade.
- Investment is a key driver of Lao PDR's economic development.
FAQs
Q: What does this economic trend measure?
A: This trend measures the share of Gross Capital Formation (GCF) at current purchasing power parities for Lao People's Democratic Republic. GCF represents investments in fixed assets that expand the country's productive capacity.
Q: Why is this trend relevant for users or analysts?
A: This trend provides insights into Lao PDR's investment dynamics and economic growth potential. It is widely used by economists, policymakers, and international organizations to assess the country's investment climate and development trajectory.
Q: How is this data collected or calculated?
A: The data is collected and calculated by the World Bank based on national accounts statistics.
Q: How is this trend used in economic policy?
A: Policymakers and international organizations use this trend to evaluate Lao PDR's investment environment and inform policies aimed at promoting economic growth and development.
Q: Are there update delays or limitations?
A: The data is published annually with a lag, so the most recent year may not be immediately available. Additionally, the reliability of the data may be affected by the quality of national accounts statistics in Lao PDR.
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Citation
U.S. Federal Reserve, Share of Gross Capital Formation at Current Purchasing Power Parities for Lao People's Democratic Republic (CSHICPLAA156NRUG), retrieved from FRED.