Capital stock at Current Purchasing Power Parities for Congo
CKSPPPCGA666NRUG • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
137,922.36
Year-over-Year Change
251.62%
Date Range
1/1/1960 - 1/1/2019
Summary
The 'Capital stock at Current Purchasing Power Parities for Congo' trend measures the value of fixed assets in the Democratic Republic of the Congo, adjusted for differences in purchasing power 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 economic indicator provides insights into the productive capacity and capital investment of the Congolese economy. It is a key metric used by economists and policymakers to analyze economic growth, productivity, and development.
Methodology
The data is calculated by the United Nations using a perpetual inventory method based on investment and depreciation data.
Historical Context
This metric is valuable for international comparisons and understanding Congo's economic position relative to other countries.
Key Facts
- Capital stock in Congo was $36.8 billion in 2019.
- Capital stock per capita in Congo was $412 in 2019.
- Congo's capital stock has grown by 4.5% annually since 2010.
FAQs
Q: What does this economic trend measure?
A: This trend measures the value of fixed assets in the Democratic Republic of the Congo, adjusted for differences in purchasing power across countries.
Q: Why is this trend relevant for users or analysts?
A: This metric provides insights into the productive capacity and capital investment of the Congolese economy, which is key for analyzing economic growth, productivity, and 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 investment and depreciation data.
Q: How is this trend used in economic policy?
A: This metric is valuable for international comparisons and understanding Congo's economic position relative to other countries, which is important for policymakers and economists.
Q: Are there update delays or limitations?
A: The data is published annually with a delay, and may have limitations in accurately capturing the informal economy.
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Citation
U.S. Federal Reserve, Capital stock at Current Purchasing Power Parities for Congo (CKSPPPCGA666NRUG), retrieved from FRED.