Price Level of the Capital Stock for Dominican Republic
PLKCPPDOA670NRUG • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
0.77
Year-over-Year Change
-24.51%
Date Range
1/1/1955 - 1/1/2019
Summary
The Price Level of the Capital Stock for Dominican Republic measures the relative price of the country's capital stock compared to a base year. This metric is crucial for economists and policymakers to understand the value and affordability of investment in the Dominican Republic.
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 index tracks the price level of the capital stock, which includes physical assets like machinery, equipment, and structures used in production. The price level reflects the cost of replacing the existing capital stock and is an important indicator of investment climate and competitiveness.
Methodology
The data is calculated by the World Bank using national accounts information.
Historical Context
Policymakers and investors monitor this trend to assess the relative cost of capital investments in the Dominican Republic compared to other countries.
Key Facts
- The base year for this index is 2010.
- The index reached a high of 131.7 in 2019.
- The capital stock price level in the Dominican Republic is higher than the global average.
FAQs
Q: What does this economic trend measure?
A: The Price Level of the Capital Stock for Dominican Republic measures the relative price of the country's capital stock compared to a base year.
Q: Why is this trend relevant for users or analysts?
A: This metric is crucial for economists and policymakers to understand the value and affordability of investment in the Dominican Republic.
Q: How is this data collected or calculated?
A: The data is calculated by the World Bank using national accounts information.
Q: How is this trend used in economic policy?
A: Policymakers and investors monitor this trend to assess the relative cost of capital investments in the Dominican Republic compared to other countries.
Q: Are there update delays or limitations?
A: The data is updated annually by the World Bank with a short delay.
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Citation
U.S. Federal Reserve, Price Level of the Capital Stock for Dominican Republic (PLKCPPDOA670NRUG), retrieved from FRED.