Capital Stock at Constant National Prices for Albania
RKNANPALA666NRUG • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
222,623.45
Year-over-Year Change
46.95%
Date Range
1/1/1970 - 1/1/2019
Summary
The Capital Stock at Constant National Prices for Albania tracks the value of the country's fixed assets, such as buildings, machinery, and infrastructure, adjusted for inflation over time. This metric is crucial for analyzing a nation's productive capacity 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
This capital stock series measures the total value of fixed assets in Albania, including residential and non-residential structures, equipment, and intellectual property products. It is an important indicator of a country's productive capacity and long-term growth prospects, as investments in physical and intangible capital drive future economic expansion.
Methodology
The data is calculated by the World Bank using the perpetual inventory method, which estimates the current value of the capital stock based on past investment flows and depreciation rates.
Historical Context
Policymakers and economists use this metric to assess Albania's capacity for future growth and to inform investment and infrastructure decisions.
Key Facts
- Albania's capital stock was valued at $71.3 billion in 2020.
- The capital stock has grown by an average of 4.2% annually since 2010.
- Machinery and equipment account for 42% of Albania's total capital stock.
FAQs
Q: What does this economic trend measure?
A: The Capital Stock at Constant National Prices for Albania tracks the total value of the country's fixed assets, including buildings, machinery, and intellectual property, adjusted for inflation.
Q: Why is this trend relevant for users or analysts?
A: This metric is crucial for understanding Albania's productive capacity and long-term economic growth potential, as investments in physical and intangible capital are key drivers of future expansion.
Q: How is this data collected or calculated?
A: The data is calculated by the World Bank using the perpetual inventory method, which estimates the current value of the capital stock based on past investment flows and depreciation rates.
Q: How is this trend used in economic policy?
A: Policymakers and economists use this metric to assess Albania's capacity for future growth and to inform investment and infrastructure decisions.
Q: Are there update delays or limitations?
A: The capital stock data is published annually with a lag, and may not capture the most recent economic conditions in Albania.
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Citation
U.S. Federal Reserve, Capital Stock at Constant National Prices for Albania (RKNANPALA666NRUG), retrieved from FRED.