Price Level of Capital Formation for Equatorial Guinea
PLICPPGQA670NRUG • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
0.62
Year-over-Year Change
-31.73%
Date Range
1/1/1960 - 1/1/2019
Summary
The Price Level of Capital Formation for Equatorial Guinea measures the price level of investment in fixed assets such as machinery, equipment, and structures within the country. It serves as an important indicator for economists and policymakers assessing economic growth and investment trends.
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 prices of capital goods purchased for use in the production process in Equatorial Guinea. It is a key metric for analyzing the nation's economic development, as investment in productive assets is vital for long-term economic expansion and productivity improvements.
Methodology
The data is collected by the Equatorial Guinea National Institute of Statistics through regular surveys of capital goods prices.
Historical Context
Policymakers and investors closely monitor this index to gauge the climate for business investment in Equatorial Guinea.
Key Facts
- Equatorial Guinea is an OPEC member and major oil exporter.
- The capital, Malabo, is a hub for the country's offshore oil industry.
- Investment in machinery and equipment makes up a large share of Equatorial Guinea's GDP.
FAQs
Q: What does this economic trend measure?
A: The Price Level of Capital Formation for Equatorial Guinea measures the overall price changes for capital goods like machinery, equipment, and structures purchased for investment in the country.
Q: Why is this trend relevant for users or analysts?
A: This index provides important insights into the climate for business investment in Equatorial Guinea, which is crucial for long-term economic growth and development.
Q: How is this data collected or calculated?
A: The data is collected through regular price surveys conducted by the Equatorial Guinea National Institute of Statistics.
Q: How is this trend used in economic policy?
A: Policymakers in Equatorial Guinea and international investors closely monitor this index to assess the investment environment and make decisions about capital allocation.
Q: Are there update delays or limitations?
A: The data is published on a quarterly basis, and there may be occasional delays or gaps in coverage due to the challenges of data collection in a developing economy.
Related Trends
Price Level of Government Consumption for Greece
PLGCPPGRA670NRUG
Price Level of Capital Formation for Armenia
PLICPPAMA670NRUG
Price Level of Household Consumption for Saudi Arabia
PLCCPPSAA670NRUG
Price Level of Government Consumption for Singapore
PLGCPPSGA670NRUG
Price Level of Capital Formation for Senegal
PLICPPSNA670NRUG
Price Level of the Capital Stock for Argentina
PLKCPPARA670NRUG
Citation
U.S. Federal Reserve, Price Level of Capital Formation for Equatorial Guinea (PLICPPGQA670NRUG), retrieved from FRED.