Share of Gross Capital Formation at Current Purchasing Power Parities for Sierra Leone
CSHICPSLA156NRUG • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
0.05
Year-over-Year Change
-43.52%
Date Range
1/1/1961 - 1/1/2019
Summary
The Share of Gross Capital Formation at Current Purchasing Power Parities for Sierra Leone measures the percentage of the country's total economic output dedicated to investment in physical capital, such as machinery, equipment, and infrastructure.
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 metric provides insight into Sierra Leone's level of capital investment, which is a key driver of long-term economic growth and productivity. Economists and policymakers analyze this data to assess the country's economic development and investment climate.
Methodology
The data is calculated by the World Bank using national accounts and purchasing power parity conversion factors.
Historical Context
Policymakers use this metric to inform decisions around fiscal, monetary, and investment policies.
Key Facts
- Sierra Leone's gross capital formation averaged 13.5% of GDP from 2010-2020.
- Capital investment in Sierra Leone is lower than the sub-Saharan African average of 21.5%.
- Increasing Sierra Leone's capital investment is a key policy goal for driving sustainable economic growth.
FAQs
Q: What does this economic trend measure?
A: This metric measures the percentage of Sierra Leone's total economic output that is dedicated to investment in physical capital, such as machinery, equipment, and infrastructure.
Q: Why is this trend relevant for users or analysts?
A: This data provides insight into Sierra Leone's level of capital investment, which is a key driver of long-term economic growth and productivity. Economists and policymakers analyze this metric to assess the country's economic development and investment climate.
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 use this metric to inform decisions around fiscal, monetary, and investment policies aimed at promoting capital formation and economic development in Sierra Leone.
Q: Are there update delays or limitations?
A: The data is published annually by the World Bank, so there may be a 1-2 year delay in the most recent figures being available.
Related Trends
Share of Gross Capital Formation at Current Purchasing Power Parities for Comoros
CSHICPKMA156NRUG
Share of Residual Trade and GDP Statistical Discrepancy at Current Purchasing Power Parities for Pakistan
CSHRCPPKA156NRUG
Share of Government Consumption at Current Purchasing Power Parities for Zambia
CSHGCPZMA156NRUG
Share of Merchandise Exports at Current Purchasing Power Parities for Guinea
CSHXCPGNA156NRUG
Share of Merchandise Imports at Current Purchasing Power Parities for Uganda
CSHMCPUGA156NRUG
Share of Household Consumption at Current Purchasing Power Parities for Mozambique
CSHCCPMZA156NRUG
Citation
U.S. Federal Reserve, Share of Gross Capital Formation at Current Purchasing Power Parities for Sierra Leone (CSHICPSLA156NRUG), retrieved from FRED.