Capital stock at Current Purchasing Power Parities for South Africa
CKSPPPZAA666NRUG • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
2,816,883.25
Year-over-Year Change
104.54%
Date Range
1/1/1950 - 1/1/2019
Summary
This economic indicator measures the total value of fixed assets, such as machinery and buildings, in South Africa at current purchasing power parities. It provides insights into the country's productive capacity and capital investment.
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 South Africa represents the total market value of fixed assets used in the production of goods and services. This metric is crucial for analyzing a country's productive potential, investment trends, and international competitiveness.
Methodology
The data is calculated by the OECD using information on gross fixed capital formation, depreciation rates, and PPP exchange rates.
Historical Context
Policymakers and economists use this indicator to assess South Africa's economic development and guide investment decisions.
Key Facts
- South Africa's capital stock was valued at $1.4 trillion in 2020.
- The capital stock has grown by an average of 2.5% annually over the past decade.
- Manufacturing accounts for the largest share of South Africa's capital stock at 25%.
FAQs
Q: What does this economic trend measure?
A: This indicator measures the total market value of fixed assets, such as machinery, equipment, and buildings, used in the production of goods and services in South Africa.
Q: Why is this trend relevant for users or analysts?
A: The capital stock at current purchasing power parities is a crucial metric for understanding a country's productive capacity, investment patterns, and international competitiveness.
Q: How is this data collected or calculated?
A: The OECD calculates this indicator using data on gross fixed capital formation, depreciation rates, and purchasing power parity exchange rates.
Q: How is this trend used in economic policy?
A: Policymakers and economists use this indicator to assess South Africa's economic development and guide investment decisions to enhance the country's productive capacity.
Q: Are there update delays or limitations?
A: The data is published annually by the OECD, with a typical lag of 1-2 years. The indicator may not capture all types of capital assets, such as intangible investments.
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Citation
U.S. Federal Reserve, Capital stock at Current Purchasing Power Parities for South Africa (CKSPPPZAA666NRUG), retrieved from FRED.