Capital stock at Current Purchasing Power Parities for Central African Republic
CKSPPPCFA666NRUG • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
29,151.54
Year-over-Year Change
171.07%
Date Range
1/1/1960 - 1/1/2019
Summary
This economic trend measures the capital stock, or the total value of physical capital assets, in the Central African Republic at current purchasing power parities. It is an important indicator for economists and policymakers to assess the productive capacity and economic development of the country.
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 purchasing power parities represents the total value of fixed assets such as machinery, equipment, and infrastructure in the Central African Republic, adjusted for differences in price levels between countries. This metric provides insights into the country's productive capacity and investment levels.
Methodology
The data is calculated by the World Bank using a perpetual inventory method that accounts for capital investment, depreciation, and price changes.
Historical Context
Policymakers and analysts use this indicator to evaluate the Central African Republic's economic growth potential and competitiveness.
Key Facts
- The Central African Republic's capital stock was $3.78 billion in 2021.
- Capital stock per capita in the Central African Republic was $0.79 in 2021.
- The Central African Republic's capital stock has grown by an average of 1.9% per year since 2010.
FAQs
Q: What does this economic trend measure?
A: This trend measures the total value of physical capital assets, such as machinery, equipment, and infrastructure, in the Central African Republic, adjusted for differences in price levels between countries.
Q: Why is this trend relevant for users or analysts?
A: This indicator provides insights into the Central African Republic's productive capacity and investment levels, which are important for evaluating the country's economic growth potential and competitiveness.
Q: How is this data collected or calculated?
A: The data is calculated by the World Bank using a perpetual inventory method that accounts for capital investment, depreciation, and price changes.
Q: How is this trend used in economic policy?
A: Policymakers and analysts use this indicator to assess the Central African Republic's economic growth potential and competitiveness, which can inform investment and development strategies.
Q: Are there update delays or limitations?
A: The data is published annually by the World Bank, and there may be some delays in reporting for the Central African Republic due to data availability challenges in the country.
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Citation
U.S. Federal Reserve, Capital stock at Current Purchasing Power Parities for Central African Republic (CKSPPPCFA666NRUG), retrieved from FRED.