Capital stock at Current Purchasing Power Parities for Suriname
CKSPPPSRA666NRUG • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
52,719.10
Year-over-Year Change
75.84%
Date Range
1/1/1970 - 1/1/2019
Summary
This economic trend measures the capital stock at current purchasing power parities for Suriname, which is a key indicator of 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 represents the total value of fixed assets, such as machinery, equipment, and infrastructure, in Suriname adjusted for differences in price levels between countries. This metric is used by economists and policymakers to assess a country's productive potential and compare capital accumulation across nations.
Methodology
The data is calculated by the World Bank using national accounts and exchange rate information.
Historical Context
This trend is relevant for analyzing Suriname's economic growth and competitiveness within the global market.
Key Facts
- Suriname's capital stock was $10.78 billion in 2020.
- The capital stock per capita in Suriname was $18,585 in 2020.
- Suriname's capital stock has grown by an average of 2.3% per year 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 Suriname 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 and policymakers to assess a country's productive potential and compare capital accumulation across nations, which is crucial for understanding economic growth and competitiveness.
Q: How is this data collected or calculated?
A: The data is calculated by the World Bank using national accounts and exchange rate information.
Q: How is this trend used in economic policy?
A: This trend is relevant for analyzing Suriname's economic growth and competitiveness within the global market, which can inform policy decisions related to investment, productivity, and economic development.
Q: Are there update delays or limitations?
A: The data is published annually by the World Bank, and there may be some delays in the availability of the most recent figures.
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Citation
U.S. Federal Reserve, Capital stock at Current Purchasing Power Parities for Suriname (CKSPPPSRA666NRUG), retrieved from FRED.