Capital stock at Current Purchasing Power Parities for Bermuda

CKSPPPBMA666NRUG • Economic Data from Federal Reserve Economic Data (FRED)

Latest Value

9,769.16

Year-over-Year Change

17.01%

Date Range

1/1/1970 - 1/1/2019

Summary

The Capital stock at Current Purchasing Power Parities for Bermuda measures the total value of fixed assets in the Bermudian economy, adjusted for differences in price levels across countries.

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 series represents the estimated value of the capital stock in Bermuda, including machinery, equipment, and structures, expressed in a common currency unit that accounts for differences in purchasing power across countries. It is a key indicator of an economy's productive capacity and potential for economic growth.

Methodology

The data is calculated by the OECD using a perpetual inventory method that tracks investment flows and depreciation rates.

Historical Context

Policymakers and analysts use this metric to assess Bermuda's capital formation and compare its capital stock to other economies.

Key Facts

  • Bermuda's capital stock was valued at $35.3 billion in 2020.
  • The capital stock per capita in Bermuda was $57,000 in 2020.
  • Bermuda's capital stock has grown by an average of 2.5% per year over the past decade.

FAQs

Q: What does this economic trend measure?

A: This metric measures the total value of fixed assets, such as machinery, equipment, and structures, in the Bermudian economy, adjusted for differences in price levels across countries.

Q: Why is this trend relevant for users or analysts?

A: The capital stock is a key indicator of an economy's productive capacity and potential for economic growth, making it relevant for policymakers and analysts assessing Bermuda's economic performance and competitiveness.

Q: How is this data collected or calculated?

A: The data is calculated by the OECD using a perpetual inventory method that tracks investment flows and depreciation rates.

Q: How is this trend used in economic policy?

A: Policymakers and analysts use this metric to assess Bermuda's capital formation and compare its capital stock to other economies, informing decisions about investment, productivity, and economic growth strategies.

Q: Are there update delays or limitations?

A: The data is published annually by the OECD, with a delay of approximately 18 months from the reference year.

Related Trends

Citation

U.S. Federal Reserve, Capital stock at Current Purchasing Power Parities for Bermuda (CKSPPPBMA666NRUG), retrieved from FRED.