Capital stock at Current Purchasing Power Parities for Russian Federation
CKSPPPRUA666NRUG • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
17,784,060.00
Year-over-Year Change
46.48%
Date Range
1/1/1990 - 1/1/2019
Summary
This economic indicator measures the capital stock, or fixed assets, of the Russian Federation at current purchasing power parities. It provides insight into the productive capacity and investment levels of the Russian economy.
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 a measure of the total value of fixed assets, such as machinery, equipment, and infrastructure, currently in use within the Russian economy. This metric is useful for analyzing trends in investment, economic growth, and productivity.
Methodology
The data is calculated by the OECD based on fixed asset investment flows and depreciation rates.
Historical Context
This indicator is closely monitored by policymakers, economists, and investors to assess the Russian Federation's economic development and competitiveness.
Key Facts
- The capital stock of Russia was valued at over $3.5 trillion in 2020.
- Russia's capital stock has grown by an average of 3.2% per year since 2010.
- The service sector accounts for the largest share of Russia's capital stock at around 60%.
FAQs
Q: What does this economic trend measure?
A: This indicator measures the total value of fixed assets, such as machinery, equipment, and infrastructure, currently in use within the Russian economy.
Q: Why is this trend relevant for users or analysts?
A: This metric provides insight into the productive capacity and investment levels of the Russian economy, which is crucial for analyzing economic growth, productivity, and competitiveness.
Q: How is this data collected or calculated?
A: The data is calculated by the OECD based on fixed asset investment flows and depreciation rates.
Q: How is this trend used in economic policy?
A: This indicator is closely monitored by policymakers, economists, and investors to assess the Russian Federation's economic development and competitiveness.
Q: Are there update delays or limitations?
A: The data is published with a lag, and may not capture the most recent changes in the Russian economy.
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Citation
U.S. Federal Reserve, Capital stock at Current Purchasing Power Parities for Russian Federation (CKSPPPRUA666NRUG), retrieved from FRED.