Capital Stock at Constant National Prices for Australia
RKNANPAUA666NRUG • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
5,882,240.50
Year-over-Year Change
37.27%
Date Range
1/1/1950 - 1/1/2019
Summary
The 'Capital Stock at Constant National Prices for Australia' tracks the value of fixed assets like buildings, machinery, and equipment in Australia, adjusted for inflation. This metric is crucial for analyzing investment, productivity, and economic growth.
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 measures the total stock of physical capital assets used in production within Australia. It accounts for investments in structures, equipment, and intellectual property over time, providing insights into the country's productive capacity and capital formation.
Methodology
The data is compiled by the Australian Bureau of Statistics based on surveys and administrative records.
Historical Context
Policymakers and analysts use this metric to assess the health of Australia's capital base and inform decisions around investment, taxation, and economic policy.
Key Facts
- Australia's capital stock was valued at over $5.7 trillion in 2021.
- The capital stock has grown by an average of 3.5% annually over the past decade.
- Machinery and equipment account for about 40% of the total capital stock.
FAQs
Q: What does this economic trend measure?
A: The 'Capital Stock at Constant National Prices for Australia' metric tracks the total value of fixed assets like buildings, machinery, and equipment used for production in the Australian economy.
Q: Why is this trend relevant for users or analysts?
A: This indicator provides crucial insights into Australia's productive capacity, investment levels, and economic growth potential, which are important for policymakers and economic analysts.
Q: How is this data collected or calculated?
A: The data is compiled by the Australian Bureau of Statistics based on surveys and administrative records.
Q: How is this trend used in economic policy?
A: Policymakers and analysts use this metric to assess the health of Australia's capital base and inform decisions around investment, taxation, and broader economic policy.
Q: Are there update delays or limitations?
A: The capital stock data is updated annually, with a slight delay in publication compared to the reference year.
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Citation
U.S. Federal Reserve, Capital Stock at Constant National Prices for Australia (RKNANPAUA666NRUG), retrieved from FRED.