Capital stock at Current Purchasing Power Parities for Lao People's Democratic Republic
CKSPPPLAA666NRUG • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
189,750.95
Year-over-Year Change
273.31%
Date Range
1/1/1970 - 1/1/2019
Summary
This economic indicator measures the capital stock, or total value of fixed assets, in Lao People's Democratic Republic adjusted for purchasing power parity. It provides insight into the productive capacity and economic development of the country.
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 (PPPs) for Lao PDR represents the total value of fixed assets, such as machinery, equipment, and infrastructure, used in the production of goods and services. This metric adjusts the capital stock for differences in price levels between Lao PDR and other countries, enabling cross-country comparisons.
Methodology
The data is calculated by the World Bank using a perpetual inventory method based on investment flows and depreciation rates.
Historical Context
This capital stock metric is used by economists and policymakers to evaluate a country's productive capacity and economic growth potential.
Key Facts
- Lao PDR's capital stock was $78.47 billion in 2021.
- The capital stock has grown by an average of 5.8% annually over the past decade.
- Lao PDR's capital stock per capita was $10,800 in 2021.
FAQs
Q: What does this economic trend measure?
A: This indicator measures the total value of fixed assets, such as machinery, equipment, and infrastructure, used in the production of goods and services in Lao PDR, adjusted for purchasing power parity.
Q: Why is this trend relevant for users or analysts?
A: The capital stock metric provides insight into a country's productive capacity and economic development potential, which is crucial for economists and policymakers evaluating growth and investment opportunities.
Q: How is this data collected or calculated?
A: The data is calculated by the World Bank using a perpetual inventory method based on investment flows and depreciation rates.
Q: How is this trend used in economic policy?
A: Economists and policymakers use this capital stock metric to assess a country's productive capacity and growth potential, informing investment decisions and economic development strategies.
Q: Are there update delays or limitations?
A: The capital stock data is published annually by the World Bank, with a delay of approximately 1-2 years.
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Citation
U.S. Federal Reserve, Capital stock at Current Purchasing Power Parities for Lao People's Democratic Republic (CKSPPPLAA666NRUG), retrieved from FRED.