Price Level of Capital Formation for Chad
PLICPPTDA670NRUG • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
0.65
Year-over-Year Change
18.57%
Date Range
1/1/1960 - 1/1/2019
Summary
The Price Level of Capital Formation for Chad measures the change in prices of capital goods and investments in the country. This key economic indicator helps policymakers and analysts assess the state of capital investment and its impact on economic growth.
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
The Price Level of Capital Formation for Chad tracks the price index for a variety of capital goods, including machinery, equipment, and construction materials used for investment purposes. This data is essential for understanding the real costs and affordability of capital formation, which is a crucial driver of long-term economic expansion.
Methodology
The data is collected through surveys of businesses and construction firms in Chad and calculated as an index relative to a base year.
Historical Context
Policymakers use this trend to monitor the cost environment for capital investment and inform decisions around fiscal, monetary, and development policies.
Key Facts
- The base year for the Price Level of Capital Formation index is 2010.
- Chad is a developing economy in Central Africa with a largely agrarian-based GDP.
- Capital formation is a key driver of economic modernization and productivity growth.
FAQs
Q: What does this economic trend measure?
A: The Price Level of Capital Formation for Chad measures the changes in prices of capital goods and investment items used in the country's economy.
Q: Why is this trend relevant for users or analysts?
A: This trend is crucial for understanding the real costs and affordability of capital investment, which is a key driver of long-term economic growth and development.
Q: How is this data collected or calculated?
A: The data is collected through surveys of businesses and construction firms in Chad and calculated as an index relative to a base year.
Q: How is this trend used in economic policy?
A: Policymakers use this trend to monitor the cost environment for capital investment and inform decisions around fiscal, monetary, and development policies.
Q: Are there update delays or limitations?
A: The data may have update lags or limited coverage compared to more developed economies.
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Citation
U.S. Federal Reserve, Price Level of Capital Formation for Chad (PLICPPTDA670NRUG), retrieved from FRED.