Capital stock at Current Purchasing Power Parities for Republic of Korea
CKSPPPKRA666NRUG • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
10,635,833.00
Year-over-Year Change
58.00%
Date Range
1/1/1953 - 1/1/2019
Summary
This economic trend measures the total value of fixed assets and inventories in the Republic of Korea, adjusted for purchasing power parity. It provides insight into the country's productive capacity and is a key indicator for policymakers and analysts.
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 (PPP) for the Republic of Korea represents the total value of physical assets used in the production of goods and services, including machinery, buildings, and infrastructure. This metric is crucial for evaluating a country's economic growth potential and productivity.
Methodology
The data is calculated by the OECD using national accounts information and PPP exchange rates.
Historical Context
Policymakers and economists use this metric to assess a country's capacity for future economic expansion and investment opportunities.
Key Facts
- South Korea's capital stock was valued at $4.4 trillion in 2020.
- Capital stock grew by an average of 4.5% annually from 2010 to 2020.
- The capital-output ratio in South Korea was 3.3 in 2020.
FAQs
Q: What does this economic trend measure?
A: This trend measures the total value of fixed assets and inventories in the Republic of Korea, adjusted for purchasing power parity (PPP).
Q: Why is this trend relevant for users or analysts?
A: The capital stock at current PPP is a key indicator of a country's productive capacity and growth potential, which is crucial information for policymakers and economists.
Q: How is this data collected or calculated?
A: The data is calculated by the OECD using national accounts information and PPP exchange rates.
Q: How is this trend used in economic policy?
A: Policymakers and economists use this metric to assess a country's capacity for future economic expansion and investment opportunities.
Q: Are there update delays or limitations?
A: The data is published annually by the OECD, with a delay of approximately one year.
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Citation
U.S. Federal Reserve, Capital stock at Current Purchasing Power Parities for Republic of Korea (CKSPPPKRA666NRUG), retrieved from FRED.