Share of Gross Capital Formation at Current Purchasing Power Parities for the former Yugoslav Republic of Macedonia
CSHICPMKA156NRUG • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
0.27
Year-over-Year Change
22.91%
Date Range
1/1/1990 - 1/1/2019
Summary
This economic indicator measures the share of gross capital formation in the former Yugoslav Republic of Macedonia's economy, adjusting for purchasing power parity. It provides insights into the country's investment levels and economic development.
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 is a key metric for evaluating a country's capital investment and economic growth potential. It represents the proportion of GDP dedicated to fixed assets like machinery, equipment, and infrastructure, which are crucial for long-term productivity and competitiveness.
Methodology
The data is calculated by the World Bank using national accounts and purchasing power parity conversion factors.
Historical Context
Policymakers and analysts use this indicator to assess the former Yugoslav Republic of Macedonia's economic performance and investment climate.
Key Facts
- The former Yugoslav Republic of Macedonia's share of gross capital formation was 28.2% in 2020.
- Capital investment accounted for over a quarter of the country's economic output.
- Gross capital formation is a leading indicator of economic development and productivity.
FAQs
Q: What does this economic trend measure?
A: This indicator measures the proportion of a country's gross domestic product (GDP) that is dedicated to fixed capital investment, such as machinery, equipment, and infrastructure.
Q: Why is this trend relevant for users or analysts?
A: The share of gross capital formation is a key metric for evaluating a country's economic growth potential and investment climate. It provides insights into the level of capital investment and can inform policymaking and business decisions.
Q: How is this data collected or calculated?
A: The data is calculated by the World Bank using national accounts and purchasing power parity conversion factors.
Q: How is this trend used in economic policy?
A: Policymakers and analysts use this indicator to assess the former Yugoslav Republic of Macedonia's economic performance and identify opportunities for investment and growth.
Q: Are there update delays or limitations?
A: The data is subject to the availability and reporting timelines of the World Bank, which may result in occasional delays or gaps in the time series.
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Citation
U.S. Federal Reserve, Share of Gross Capital Formation at Current Purchasing Power Parities for the former Yugoslav Republic of Macedonia (CSHICPMKA156NRUG), retrieved from FRED.