Price Level of Capital Formation for Azerbaijan
PLICPPAZA670NRUG • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
0.50
Year-over-Year Change
0.42%
Date Range
1/1/1990 - 1/1/2019
Summary
The Price Level of Capital Formation for Azerbaijan measures the relative price of capital goods and investment in the country. It is a key indicator for economists and policymakers to assess the cost of investment and the overall state of the Azerbaijani 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
This index tracks the price level of capital goods, equipment, and structures used for investment purposes in Azerbaijan. It provides insights into the cost environment for businesses and the government when making capital expenditures, which is crucial for economic growth and development.
Methodology
The data is collected and calculated by the World Bank as part of its International Comparison Program.
Historical Context
The Price Level of Capital Formation is used by analysts and policymakers to evaluate the competitiveness of Azerbaijan's investment climate and inform macroeconomic policies.
Key Facts
- The index is measured relative to the global average, which is set to 100.
- Azerbaijan's index value was 62.78 in 2021, indicating relatively low capital investment prices.
- The price level has remained fairly stable over the past decade, with minor fluctuations.
FAQs
Q: What does this economic trend measure?
A: The Price Level of Capital Formation for Azerbaijan measures the relative price of capital goods and investment in the country compared to the global average.
Q: Why is this trend relevant for users or analysts?
A: This index provides insights into the cost environment for businesses and the government when making capital expenditures, which is crucial for economic growth and development in Azerbaijan.
Q: How is this data collected or calculated?
A: The data is collected and calculated by the World Bank as part of its International Comparison Program.
Q: How is this trend used in economic policy?
A: The Price Level of Capital Formation is used by analysts and policymakers to evaluate the competitiveness of Azerbaijan's investment climate and inform macroeconomic policies.
Q: Are there update delays or limitations?
A: The data is published with a lag, and there may be limitations in its coverage or comparability across countries.
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Citation
U.S. Federal Reserve, Price Level of Capital Formation for Azerbaijan (PLICPPAZA670NRUG), retrieved from FRED.