Capital Stock at Constant National Prices for Saint Vincent and the Grenadines
RKNANPVCA666NRUG • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
8,485.52
Year-over-Year Change
45.05%
Date Range
1/1/1970 - 1/1/2019
Summary
This economic indicator measures the total value of physical capital assets in Saint Vincent and the Grenadines, adjusted for inflation. It provides insights into the country's productive capacity and infrastructure investment.
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 capital stock at constant national prices represents the accumulated value of physical assets such as machinery, equipment, and structures used in production. It is a key metric for evaluating a country's long-term economic growth potential and the sustainability of its development.
Methodology
The data is calculated by the United Nations using a perpetual inventory method based on gross fixed capital formation.
Historical Context
Policymakers and analysts use this metric to assess a country's productive capacity and guide decisions on infrastructure investment and economic reforms.
Key Facts
- Saint Vincent and the Grenadines' capital stock reached $1.7 billion in 2020.
- The capital stock has grown by an average of 2.5% per year over the past decade.
- Capital investment accounts for over 25% of Saint Vincent and the Grenadines' GDP.
FAQs
Q: What does this economic trend measure?
A: This indicator measures the total value of physical capital assets in Saint Vincent and the Grenadines, such as machinery, equipment, and structures used in production.
Q: Why is this trend relevant for users or analysts?
A: The capital stock is a key metric for evaluating a country's long-term economic growth potential and the sustainability of its development.
Q: How is this data collected or calculated?
A: The data is calculated by the United Nations using a perpetual inventory method based on gross fixed capital formation.
Q: How is this trend used in economic policy?
A: Policymakers and analysts use this metric to assess a country's productive capacity and guide decisions on infrastructure investment and economic reforms.
Q: Are there update delays or limitations?
A: The data is updated annually, with a typical delay of 1-2 years.
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Citation
U.S. Federal Reserve, Capital Stock at Constant National Prices for Saint Vincent and the Grenadines (RKNANPVCA666NRUG), retrieved from FRED.