Investment Share of Purchasing Power Parity Converted GDP Per Capita at constant prices for Greece
KIPPPGGRA156NUPN • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
18.92
Year-over-Year Change
-22.66%
Date Range
1/1/1951 - 1/1/2010
Summary
The Investment Share of Purchasing Power Parity Converted GDP Per Capita at constant prices for Greece measures the portion of the country's economic output devoted to investment activities. This metric is crucial for understanding Greece's economic development and growth potential.
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 series represents the share of Greece's GDP per capita, adjusted for purchasing power parity, that is allocated to investment in fixed assets such as machinery, equipment, and infrastructure. It provides insight into the country's capital formation and capacity for future productivity improvements.
Methodology
The data is calculated by the World Bank using national accounts information and purchasing power parity conversion factors.
Historical Context
Policymakers and analysts use this metric to evaluate Greece's economic structure and its ability to support long-term growth through investment.
Key Facts
- Greece's investment share peaked at 26.3% in 2007.
- The investment share declined to 11.4% in 2021 due to the economic crisis.
- Investment is a key driver of long-term economic growth and productivity.
FAQs
Q: What does this economic trend measure?
A: This trend measures the portion of Greece's GDP per capita, adjusted for purchasing power, that is allocated to investment in fixed assets such as machinery, equipment, and infrastructure.
Q: Why is this trend relevant for users or analysts?
A: This metric provides insight into Greece's capital formation and capacity for future productivity improvements, which is crucial for understanding the country's economic development and growth potential.
Q: How is this data collected or calculated?
A: The data is calculated by the World Bank using national accounts information and purchasing power parity conversion factors.
Q: How is this trend used in economic policy?
A: Policymakers and analysts use this metric to evaluate Greece's economic structure and its ability to support long-term growth through investment.
Q: Are there update delays or limitations?
A: The data is subject to the availability and publication schedule of the World Bank's national accounts and purchasing power parity estimates.
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Citation
U.S. Federal Reserve, Investment Share of Purchasing Power Parity Converted GDP Per Capita at constant prices for Greece (KIPPPGGRA156NUPN), retrieved from FRED.