Capital stock at Current Purchasing Power Parities for Jordan
CKSPPPJOA666NRUG • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
353,822.94
Year-over-Year Change
74.82%
Date Range
1/1/1954 - 1/1/2019
Summary
This economic trend measures the capital stock, or fixed assets, of Jordan at current purchasing power parities. It is an important indicator of a country's productive capacity and economic development.
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 Jordan adjusted for differences in price levels between countries. This metric is used by economists to analyze a country's productive potential and compare capital accumulation across nations.
Methodology
The data is calculated by the OECD using national accounts information and purchasing power parity exchange rates.
Historical Context
Policymakers and analysts use this trend to assess Jordan's economic competitiveness and capacity for future growth.
Key Facts
- Jordan's capital stock was $302.8 billion in 2021.
- Capital stock per capita in Jordan was $28,850 in 2021.
- Jordan's capital stock has grown by 4.2% annually since 2010.
FAQs
Q: What does this economic trend measure?
A: This trend measures the total value of fixed assets, such as machinery, equipment, and infrastructure, in Jordan, adjusted for differences in price levels between countries.
Q: Why is this trend relevant for users or analysts?
A: This metric is used by economists to analyze Jordan's productive capacity and compare capital accumulation across nations, which is crucial for assessing economic competitiveness and growth potential.
Q: How is this data collected or calculated?
A: The data is calculated by the OECD using national accounts information and purchasing power parity exchange rates.
Q: How is this trend used in economic policy?
A: Policymakers and analysts use this trend to assess Jordan's economic competitiveness and capacity for future growth, which informs policy decisions and investment strategies.
Q: Are there update delays or limitations?
A: The data is subject to the availability of national accounts information and purchasing power parity estimates, which may result in occasional update delays.
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Citation
U.S. Federal Reserve, Capital stock at Current Purchasing Power Parities for Jordan (CKSPPPJOA666NRUG), retrieved from FRED.