Capital stock at Current Purchasing Power Parities for Trinidad and Tobago
CKSPPPTTA666NRUG • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
74,219.13
Year-over-Year Change
-13.74%
Date Range
1/1/1950 - 1/1/2019
Summary
The 'Capital stock at Current Purchasing Power Parities for Trinidad and Tobago' metric measures the total value of fixed assets in Trinidad and Tobago's economy, adjusted for differences in purchasing power across countries.
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
This economic indicator represents the national stock of physical capital, such as machinery, equipment, and infrastructure, used in production. It is a key measure of an economy's productive capacity and can inform policymakers' assessments of growth potential.
Methodology
The data is calculated by the Penn World Table project using national accounts and price data.
Historical Context
This metric is widely used by economists and international organizations to analyze economic development and capital investment trends.
Key Facts
- Trinidad and Tobago's capital stock was $74.3 billion in 2019.
- Capital stock per capita was $53,700 in 2019.
- Capital stock grew at an average annual rate of 2.7% from 2010-2019.
FAQs
Q: What does this economic trend measure?
A: This metric measures the total fixed capital stock in Trinidad and Tobago's economy, adjusted for differences in purchasing power compared to other countries.
Q: Why is this trend relevant for users or analysts?
A: The capital stock is a key indicator of an economy's productive capacity and can inform assessments of growth potential and investment trends.
Q: How is this data collected or calculated?
A: The data is calculated by the Penn World Table project using national accounts and price data.
Q: How is this trend used in economic policy?
A: Economists and policymakers use this metric to analyze economic development, capital investment, and productivity trends in Trinidad and Tobago.
Q: Are there update delays or limitations?
A: This series is updated annually with a lag, so the most recent data may be 1-2 years old.
Related Trends
Output-side Real GDP at Current Purchasing Power Parities for Peru
CGDPOSPEA666NRUG
Total Factor Productivity Level at Current Purchasing Power Parities for Tajikistan
CTFPPPTJA669NRUG
Total Factor Productivity Level at Current Purchasing Power Parities for Finland
CTFPPPFIA669NRUG
Total Factor Productivity Level at Current Purchasing Power Parities for Burundi
CTFPPPBIA669NRUG
Total Factor Productivity Level at Current Purchasing Power Parities for Mauritius
CTFPPPMUA669NRUG
Capital stock at Current Purchasing Power Parities for Sri Lanka
CKSPPPLKA666NRUG
Citation
U.S. Federal Reserve, Capital stock at Current Purchasing Power Parities for Trinidad and Tobago (CKSPPPTTA666NRUG), retrieved from FRED.