Share of Gross Capital Formation at Current Purchasing Power Parities for Turkmenistan
CSHICPTMA156NRUG • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
0.29
Year-over-Year Change
116.83%
Date Range
1/1/1990 - 1/1/2019
Summary
The 'Share of Gross Capital Formation at Current Purchasing Power Parities for Turkmenistan' measures the percentage of Turkmenistan's gross domestic product (GDP) dedicated to investment in fixed capital. This is a key economic indicator for policymakers and analysts assessing Turkmenistan's economic growth and development trajectory.
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
Gross capital formation, also known as investment, represents the acquisition of produced assets, including fixed assets and inventories, intended to be used in the production of other goods and services. This metric provides insight into the investment rate and capital stock of the Turkmenistan economy.
Methodology
The data is collected and calculated by the World Bank based on national accounts information.
Historical Context
Policymakers use this metric to gauge the economic health and growth potential of Turkmenistan.
Key Facts
- Turkmenistan's gross capital formation was 34.6% of GDP in 2021.
- Investment has been a key driver of Turkmenistan's economic growth in recent decades.
- Turkmenistan has one of the highest investment rates among Central Asian economies.
FAQs
Q: What does this economic trend measure?
A: This metric measures the share of Turkmenistan's gross domestic product (GDP) that is dedicated to investment in fixed capital, 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 indicator of a country's economic growth potential, as higher investment rates typically lead to greater future productivity and output.
Q: How is this data collected or calculated?
A: The data is collected and calculated by the World Bank based on national accounts information provided by the government of Turkmenistan.
Q: How is this trend used in economic policy?
A: Policymakers in Turkmenistan and international institutions use this metric to assess the country's economic health, evaluate its growth strategy, and inform investment and development policies.
Q: Are there update delays or limitations?
A: The data is published annually with a lag, and may be subject to revisions as more complete information becomes available.
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Citation
U.S. Federal Reserve, Share of Gross Capital Formation at Current Purchasing Power Parities for Turkmenistan (CSHICPTMA156NRUG), retrieved from FRED.