Price Level of Capital Formation for Guinea-Bissau
PLICPPGWA670NRUG • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
0.64
Year-over-Year Change
69.57%
Date Range
1/1/1960 - 1/1/2019
Summary
The Price Level of Capital Formation for Guinea-Bissau measures the relative price of capital goods and investment products in the country compared to a base year.
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 changes in the prices of equipment, machinery, and other capital goods used for investment purposes in Guinea-Bissau. It is an important indicator for understanding the cost environment for businesses and the overall investment climate in the country.
Methodology
The data is collected through surveys of businesses and constructed into an index by the national statistics agency.
Historical Context
Policymakers and investors use this metric to assess the affordability of capital investment in Guinea-Bissau.
Key Facts
- The base year for the index is 2015.
- Capital goods account for a significant portion of Guinea-Bissau's total investment.
- The index has shown moderate increases in recent years.
FAQs
Q: What does this economic trend measure?
A: The Price Level of Capital Formation for Guinea-Bissau measures the relative prices of capital goods and investment products in the country compared to a base year.
Q: Why is this trend relevant for users or analysts?
A: This index is an important indicator for understanding the cost environment for businesses and the overall investment climate in Guinea-Bissau.
Q: How is this data collected or calculated?
A: The data is collected through surveys of businesses and constructed into an index by the national statistics agency.
Q: How is this trend used in economic policy?
A: Policymakers and investors use this metric to assess the affordability of capital investment in Guinea-Bissau.
Q: Are there update delays or limitations?
A: The index is updated regularly by the national statistics agency, but there may be some delays in publishing the latest data.
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Citation
U.S. Federal Reserve, Price Level of Capital Formation for Guinea-Bissau (PLICPPGWA670NRUG), retrieved from FRED.