Nominal Gross Capital Formation for Canada
NISAXDCCAQ • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
180,342.00
Year-over-Year Change
4.15%
Date Range
1/1/1961 - 1/1/2025
Summary
Nominal Gross Capital Formation for Canada measures the total value of investment in fixed assets and inventories in the Canadian economy. It is a key indicator of economic growth and business confidence.
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
Nominal Gross Capital Formation represents the total value of capital investment, including spending on machinery, equipment, buildings, and changes in inventories. It is an important measure of economic activity and future production potential.
Methodology
The data is collected by Statistics Canada through surveys of businesses and government agencies.
Historical Context
Economists and policymakers closely monitor Gross Capital Formation to assess the strength of business investment and the overall trajectory of the Canadian economy.
Key Facts
- Canada's Nominal Gross Capital Formation reached a record high of $337 billion in 2022.
- Residential investment accounts for about 30% of total Gross Capital Formation in Canada.
- Business investment in machinery and equipment makes up around 40% of Gross Capital Formation.
FAQs
Q: What does this economic trend measure?
A: Nominal Gross Capital Formation measures the total value of investment in fixed assets and changes in inventories in the Canadian economy.
Q: Why is this trend relevant for users or analysts?
A: Gross Capital Formation is a key indicator of economic growth and business confidence, as it reflects the level of investment in future productive capacity.
Q: How is this data collected or calculated?
A: The data is collected by Statistics Canada through surveys of businesses and government agencies.
Q: How is this trend used in economic policy?
A: Economists and policymakers closely monitor Gross Capital Formation to assess the strength of business investment and the overall trajectory of the Canadian economy.
Q: Are there update delays or limitations?
A: The data is released quarterly with a delay of approximately two months.
Related Trends
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Consumer Price Indices (CPIs, HICPs), COICOP 1999: Consumer Price Index: Housing for Canada
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Nominal Exports of Goods and Services for Canada
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Citation
U.S. Federal Reserve, Nominal Gross Capital Formation for Canada (NISAXDCCAQ), retrieved from FRED.