Price Level of Capital Formation for Lao People's Democratic Republic
PLICPPLAA670NRUG • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
0.42
Year-over-Year Change
123.84%
Date Range
1/1/1970 - 1/1/2019
Summary
The Price Level of Capital Formation for Lao People's Democratic Republic measures the level of prices for investments in physical capital assets in the Lao economy. This metric is important for economists and policymakers to assess the cost of business investment and economic development.
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 relative price changes over time for capital goods and infrastructure in Laos. It provides insight into the cost environment for domestic and foreign capital investment, which is a key driver of economic growth and modernization.
Methodology
The data is calculated based on national accounts and investment expenditure surveys conducted by the Lao Statistics Bureau.
Historical Context
Policymakers use this index to monitor inflation and competitiveness in the Lao capital formation market.
Key Facts
- Lao PDR has experienced rapid economic growth since the 1990s.
- Capital investment is a key driver of development in the country.
- Monitoring capital price levels helps policymakers manage inflation.
FAQs
Q: What does this economic trend measure?
A: The Price Level of Capital Formation for Lao PDR measures the changes in prices for physical capital assets and infrastructure investments in the Lao economy.
Q: Why is this trend relevant for users or analysts?
A: This metric provides insight into the cost environment for business and public investment, which is crucial for economic growth and development in Lao PDR.
Q: How is this data collected or calculated?
A: The data is calculated by the Lao Statistics Bureau based on national accounts and investment expenditure surveys.
Q: How is this trend used in economic policy?
A: Policymakers use this index to monitor inflation and competitiveness in the Lao capital formation market, which informs decisions on economic development strategies.
Q: Are there update delays or limitations?
A: The data may have update lags due to the survey-based methodology, and it only covers the Lao PDR economy.
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Citation
U.S. Federal Reserve, Price Level of Capital Formation for Lao People's Democratic Republic (PLICPPLAA670NRUG), retrieved from FRED.