National Accounts: GDP by Expenditure: Current Prices: Gross Fixed Capital Formation for Luxembourg
LUXGFCFQDSMEI • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
3,510,060,000.00
Year-over-Year Change
16.10%
Date Range
1/1/1995 - 7/1/2023
Summary
The 'National Accounts: GDP by Expenditure: Current Prices: Gross Fixed Capital Formation for Luxembourg' series measures investment in physical capital, such as machinery, equipment, and structures, in the Luxembourg economy.
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 fixed capital formation (GFCF) is a key component of a country's gross domestic product (GDP) and a vital indicator of economic activity and growth potential. It represents the acquisition of produced assets, including machinery, equipment, buildings, and other infrastructure, which are used repeatedly or continuously in production processes.
Methodology
The data is collected and calculated by Luxembourg's national statistics office based on Luxembourg's national accounts.
Historical Context
Analysts and policymakers use this GFCF data to assess the state of Luxembourg's economy and inform economic and investment policies.
Key Facts
- Luxembourg's GFCF was €13.7 billion in 2021.
- GFCF accounted for 19.7% of Luxembourg's GDP in 2021.
- Luxembourg's GFCF has grown at an average annual rate of 3.7% since 2010.
FAQs
Q: What does this economic trend measure?
A: This series measures investment in physical capital, such as machinery, equipment, and structures, that are used repeatedly or continuously in production processes within the Luxembourg economy.
Q: Why is this trend relevant for users or analysts?
A: Gross fixed capital formation is a key component of GDP and a vital indicator of economic activity and growth potential, making it relevant for analysts and policymakers assessing the state of the Luxembourg economy.
Q: How is this data collected or calculated?
A: The data is collected and calculated by Luxembourg's national statistics office based on the country's national accounts.
Q: How is this trend used in economic policy?
A: Analysts and policymakers use this GFCF data to assess the state of Luxembourg's economy and inform economic and investment policies.
Q: Are there update delays or limitations?
A: The data is published quarterly by Luxembourg's national statistics office, with a typical delay of several months.
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Citation
U.S. Federal Reserve, National Accounts: GDP by Expenditure: Current Prices: Gross Fixed Capital Formation for Luxembourg (LUXGFCFQDSMEI), retrieved from FRED.