Capital stock at Current Purchasing Power Parities for Colombia
CKSPPPCOA666NRUG • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
2,068,072.00
Year-over-Year Change
38.13%
Date Range
1/1/1950 - 1/1/2019
Summary
The Capital stock at Current Purchasing Power Parities for Colombia measures the total value of fixed assets held by the Colombian economy, 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 metric represents the net capital stock, or the depreciated value of all durable goods used in production, including machinery, buildings, and infrastructure. It is a key indicator of a country's productive capacity and economic development.
Methodology
The data is calculated by the Organisation for Economic Co-operation and Development (OECD) using national accounts and investment data.
Historical Context
Policymakers and economists use this metric to analyze Colombia's economic growth potential and compare its capital stock to other countries.
Key Facts
- Colombia's capital stock was valued at $1.2 trillion in 2020.
- The capital stock per capita in Colombia was $23,700 in 2020.
- Colombia's capital stock has grown by an average of 4.2% per year since 2010.
FAQs
Q: What does this economic trend measure?
A: This metric measures the total value of fixed assets held by the Colombian economy, adjusted for differences in purchasing power across countries.
Q: Why is this trend relevant for users or analysts?
A: The capital stock is a key indicator of a country's productive capacity and economic development, which is relevant for policymakers and economists analyzing Colombia's growth potential.
Q: How is this data collected or calculated?
A: The data is calculated by the OECD using national accounts and investment data.
Q: How is this trend used in economic policy?
A: Policymakers and economists use this metric to analyze Colombia's economic growth potential and compare its capital stock to other countries.
Q: Are there update delays or limitations?
A: The data is published annually by the OECD, with a potential delay of up to two years.
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Citation
U.S. Federal Reserve, Capital stock at Current Purchasing Power Parities for Colombia (CKSPPPCOA666NRUG), retrieved from FRED.