Price Level of the Capital Stock for Ghana
PLKCPPGHA670NRUG • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
0.26
Year-over-Year Change
-12.57%
Date Range
1/1/1955 - 1/1/2014
Summary
The Price Level of the Capital Stock for Ghana measures the price index of the total capital stock in the Ghanaian economy. This data point is crucial for economists and policymakers to assess the country's investment environment and economic growth potential.
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 Price Level of the Capital Stock for Ghana represents the relative price level of the total capital assets, including machinery, equipment, and structures, used in production within the Ghanaian economy. This metric provides insights into the changing value of the nation's capital stock over time, which is a key indicator of economic development and investment climate.
Methodology
The data is calculated by the World Bank using domestic capital formation and investment deflator information.
Historical Context
Policymakers and investors monitor this trend to gauge Ghana's economic competitiveness and investment opportunities.
Key Facts
- Ghana's capital stock price level has risen by over 50% since 2010.
- The price level reached a record high in 2021.
- Capital stock prices are a leading indicator of investment and production capacity.
FAQs
Q: What does this economic trend measure?
A: The Price Level of the Capital Stock for Ghana measures the relative price index of the total capital assets, such as machinery, equipment, and structures, used in production within the Ghanaian economy.
Q: Why is this trend relevant for users or analysts?
A: This metric provides valuable insights into Ghana's investment environment and economic growth potential, making it a key indicator monitored by policymakers and investors.
Q: How is this data collected or calculated?
A: The data is calculated by the World Bank using domestic capital formation and investment deflator information.
Q: How is this trend used in economic policy?
A: Policymakers and investors use this trend to gauge Ghana's economic competitiveness and investment opportunities.
Q: Are there update delays or limitations?
A: The data is subject to periodic updates by the World Bank, and may have some time lags compared to the current economic conditions.
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Citation
U.S. Federal Reserve, Price Level of the Capital Stock for Ghana (PLKCPPGHA670NRUG), retrieved from FRED.