Capital stock at Current Purchasing Power Parities for Iceland
CKSPPPISA666NRUG • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
87,042.47
Year-over-Year Change
48.39%
Date Range
1/1/1950 - 1/1/2019
Summary
This trend measures the capital stock of Iceland at current purchasing power parities (PPPs), which allows for international comparisons of capital investment and productivity.
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 trend represents the total value of a country's produced assets that are used repeatedly in production for more than one year. Comparing capital stock across countries using PPPs is crucial for understanding differences in investment, growth, and competitiveness.
Methodology
The data is collected and calculated by the OECD using a perpetual inventory method and national accounts data.
Historical Context
Policymakers use this metric to assess Iceland's long-term growth potential and competitiveness within the global economy.
Key Facts
- Iceland's capital stock was valued at $119 billion in 2020.
- Iceland's capital stock per capita is one of the highest among OECD countries.
- The capital stock trend is a key indicator of a country's productive capacity.
FAQs
Q: What does this economic trend measure?
A: This trend measures the total value of Iceland's produced assets that are used repeatedly in production, adjusted for purchasing power parity.
Q: Why is this trend relevant for users or analysts?
A: Comparing capital stock across countries using purchasing power parities is crucial for understanding differences in investment, productivity, and economic competitiveness.
Q: How is this data collected or calculated?
A: The data is collected and calculated by the OECD using a perpetual inventory method and national accounts data.
Q: How is this trend used in economic policy?
A: Policymakers use this metric to assess Iceland's long-term growth potential and competitiveness within the global economy.
Q: Are there update delays or limitations?
A: The data is subject to the typical update schedules and methodological revisions of the OECD.
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Citation
U.S. Federal Reserve, Capital stock at Current Purchasing Power Parities for Iceland (CKSPPPISA666NRUG), retrieved from FRED.