Capital stock at Current Purchasing Power Parities for Azerbaijan
CKSPPPAZA666NRUG • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
257,077.61
Year-over-Year Change
99.37%
Date Range
1/1/1990 - 1/1/2019
Summary
This trend measures the total capital stock of Azerbaijan, adjusted for purchasing power parity (PPP). It provides insights into the country's productive capacity 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
The capital stock at current PPPs for Azerbaijan represents the total value of fixed assets, such as machinery, equipment, and infrastructure, used in the production process. This metric is a key indicator of a country's productive potential and is used by economists to analyze economic growth and productivity.
Methodology
The data is calculated by the World Bank using national accounts and PPP conversion factors.
Historical Context
This trend is widely used by policymakers, international organizations, and analysts to assess Azerbaijan's economic performance and competitiveness.
Key Facts
- Azerbaijan's capital stock at current PPPs was $368.6 billion in 2021.
- The capital stock has grown by an average of 4.5% per year since 2010.
- Capital stock per capita in Azerbaijan was $36,200 in 2021.
FAQs
Q: What does this economic trend measure?
A: This trend measures the total value of fixed assets, such as machinery, equipment, and infrastructure, used in the production process in Azerbaijan, adjusted for purchasing power parity.
Q: Why is this trend relevant for users or analysts?
A: This metric provides insights into Azerbaijan's productive capacity and economic development, which is useful for policymakers, international organizations, and analysts assessing the country's economic performance and competitiveness.
Q: How is this data collected or calculated?
A: The data is calculated by the World Bank using national accounts and purchasing power parity (PPP) conversion factors.
Q: How is this trend used in economic policy?
A: This trend is widely used by policymakers, international organizations, and analysts to assess Azerbaijan's economic performance and competitiveness, and to inform policy decisions related to investment, productivity, and economic growth.
Q: Are there update delays or limitations?
A: The data is published annually by the World Bank, with potential delays in availability due to the time required for data collection and processing.
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Citation
U.S. Federal Reserve, Capital stock at Current Purchasing Power Parities for Azerbaijan (CKSPPPAZA666NRUG), retrieved from FRED.