Capital Stock at Constant National Prices for Colombia
RKNANPCOA666NRUG • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
2,070,307.38
Year-over-Year Change
62.72%
Date Range
1/1/1950 - 1/1/2019
Summary
The Capital Stock at Constant National Prices for Colombia measures the total value of fixed assets and inventories held by the Colombian economy, adjusted for inflation. This metric is crucial for economists and policymakers to understand the country's productive capacity and investment trends.
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 series represents the net capital stock in Colombia, which includes physical assets such as machinery, equipment, and structures. It is a key indicator of the economy's productive potential and is used to analyze investment, productivity, and long-term economic growth.
Methodology
The data is calculated by the World Bank using perpetual inventory methods based on investment flows and depreciation rates.
Historical Context
Policymakers and analysts use this metric to assess the health of the Colombian economy and inform decisions around fiscal, monetary, and investment policies.
Key Facts
- Colombia's capital stock was $408 billion in 2021.
- The capital stock has grown by an average of 3.5% annually since 2000.
- Manufacturing accounts for the largest share of Colombia's capital stock at 30%.
FAQs
Q: What does this economic trend measure?
A: This metric measures the total value of fixed assets and inventories held by the Colombian economy, adjusted for inflation. It represents the country's productive capital stock.
Q: Why is this trend relevant for users or analysts?
A: The capital stock is a key indicator of Colombia's productive capacity and investment trends, which are crucial for understanding the economy's long-term growth potential.
Q: How is this data collected or calculated?
A: The World Bank calculates this metric using perpetual inventory methods based on investment flows and depreciation rates.
Q: How is this trend used in economic policy?
A: Policymakers and analysts use this metric to assess the health of the Colombian economy and inform decisions around fiscal, monetary, and investment policies.
Q: Are there update delays or limitations?
A: The data is published annually with a lag of approximately one year, so the most recent data may not reflect the current economic conditions.
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Citation
U.S. Federal Reserve, Capital Stock at Constant National Prices for Colombia (RKNANPCOA666NRUG), retrieved from FRED.