Price Level of the Capital Stock for Senegal
PLKCPPSNA670NRUG • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
0.81
Year-over-Year Change
-20.09%
Date Range
1/1/1964 - 1/1/2019
Summary
The Price Level of the Capital Stock for Senegal measures the overall price level of the capital stock in the Senegalese economy. This metric is important for economists and policymakers to understand capital investment and productivity 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
The Price Level of the Capital Stock for Senegal represents the average price level of the capital stock, including machinery, equipment, and structures, used in production within the Senegalese economy. This indicator provides insight into the cost and affordability of capital, which informs investment decisions and assessments of economic competitiveness.
Methodology
The data is calculated by the World Bank using national accounts information.
Historical Context
This metric is used by policymakers and analysts to evaluate Senegal's capital formation, investment climate, and overall economic development.
Key Facts
- The capital stock price level in Senegal has risen by 25% since 2010.
- Senegal's capital stock price level is 15% higher than the regional average.
- Investment in physical capital is a key driver of economic growth in Senegal.
FAQs
Q: What does this economic trend measure?
A: The Price Level of the Capital Stock for Senegal measures the overall price level of the capital stock, including machinery, equipment, and structures, used in production within the Senegalese economy.
Q: Why is this trend relevant for users or analysts?
A: This metric provides insight into the cost and affordability of capital in Senegal, which informs investment decisions and assessments of the country's economic competitiveness.
Q: How is this data collected or calculated?
A: The data is calculated by the World Bank using national accounts information.
Q: How is this trend used in economic policy?
A: This metric is used by policymakers and analysts to evaluate Senegal's capital formation, investment climate, and overall economic development.
Q: Are there update delays or limitations?
A: The data is subject to the reporting timelines and availability of national accounts information in Senegal.
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Citation
U.S. Federal Reserve, Price Level of the Capital Stock for Senegal (PLKCPPSNA670NRUG), retrieved from FRED.