Capital stock at Current Purchasing Power Parities for Saint Lucia
CKSPPPLCA666NRUG • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
11,031.69
Year-over-Year Change
145.21%
Date Range
1/1/1970 - 1/1/2019
Summary
This economic trend measures the capital stock at current purchasing power parities for Saint Lucia, providing insights into the 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 is an important indicator of a country's productive capacity and level of economic development. It represents the total value of physical assets, such as machinery, equipment, and infrastructure, that are used in the production process.
Methodology
The data is calculated by the World Bank based on national accounts and investment data.
Historical Context
This metric is widely used by policymakers, economists, and international organizations to analyze a country's economic performance and guide policy decisions.
Key Facts
- Saint Lucia's capital stock at current purchasing power parities was $3.57 billion in 2020.
- The capital stock has grown by an average of 2.4% per year over the past decade.
- Capital investment is a key driver of economic growth and productivity in Saint Lucia.
FAQs
Q: What does this economic trend measure?
A: This trend measures the total value of physical assets, such as machinery, equipment, and infrastructure, that are used in the production process in Saint Lucia.
Q: Why is this trend relevant for users or analysts?
A: The capital stock at current purchasing power parities is an important indicator of a country's productive capacity and level of economic development, and is widely used by policymakers, economists, and international organizations to analyze economic performance and guide policy decisions.
Q: How is this data collected or calculated?
A: The data is calculated by the World Bank based on national accounts and investment data.
Q: How is this trend used in economic policy?
A: This metric is used by policymakers, economists, and international organizations to analyze a country's economic performance and guide policy decisions related to investment, productivity, and economic growth.
Q: Are there update delays or limitations?
A: The data is updated annually by the World Bank, and may have a delay of several months between the reference year and the release of the latest data.
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Citation
U.S. Federal Reserve, Capital stock at Current Purchasing Power Parities for Saint Lucia (CKSPPPLCA666NRUG), retrieved from FRED.