Real Gross Fixed Capital Formation for Estonia
NFIRNSAXDCESQ • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
68,527.42
Year-over-Year Change
8.82%
Date Range
1/1/1995 - 1/1/2025
Summary
The Real Gross Fixed Capital Formation for Estonia measures the value of investments in fixed assets in the Estonian economy, adjusted for inflation. It is a key indicator of economic growth and business investment.
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) represents the acquisition of produced assets, including fixed assets such as buildings, machinery, and equipment. The real, inflation-adjusted GFCF for Estonia provides insight into the overall level of investment and capital formation in the country.
Methodology
This data is collected by Eurostat through surveys of businesses and national statistical agencies.
Historical Context
GFCF is widely used by economists and policymakers to assess the health of an economy and guide fiscal and monetary policies.
Key Facts
- Estonia's real GFCF grew by 6.4% in 2021.
- Investment in machinery and equipment accounts for over 50% of Estonia's GFCF.
- GFCF is a component of GDP and helps drive long-term economic expansion.
FAQs
Q: What does this economic trend measure?
A: The Real Gross Fixed Capital Formation for Estonia measures the value of investments in fixed assets, such as buildings, machinery, and equipment, in the Estonian economy, adjusted for inflation.
Q: Why is this trend relevant for users or analysts?
A: GFCF is a key indicator of economic growth and business investment, providing insight into the overall level of capital formation in Estonia's economy.
Q: How is this data collected or calculated?
A: The data is collected by Eurostat through surveys of businesses and national statistical agencies in Estonia.
Q: How is this trend used in economic policy?
A: GFCF is widely used by economists and policymakers to assess the health of the Estonian economy and guide fiscal and monetary policies.
Q: Are there update delays or limitations?
A: The data is typically published with a 1-2 quarter delay by Eurostat.
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Citation
U.S. Federal Reserve, Real Gross Fixed Capital Formation for Estonia (NFIRNSAXDCESQ), retrieved from FRED.