Capital Stock at Constant National Prices for Dominica
RKNANPDMA666NRUG • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
2,603.65
Year-over-Year Change
41.31%
Date Range
1/1/1970 - 1/1/2019
Summary
The 'Capital Stock at Constant National Prices for Dominica' trend measures the total value of fixed assets, such as machinery, equipment, and infrastructure, used in Dominica's economy. This metric is important for economists to assess a country's productive capacity and potential for 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 capital stock measure represents the monetary value of the physical assets owned and used by businesses, governments, and households in Dominica. It is a key indicator of a country's productive capabilities and can help inform policy decisions related to investment, infrastructure development, and economic planning.
Methodology
The data is calculated by the World Bank using a perpetual inventory method that tracks changes in the value of fixed assets over time.
Historical Context
Policymakers and analysts use this capital stock metric to evaluate Dominica's economic performance and development potential compared to other countries.
Key Facts
- Dominica's capital stock was valued at $2.2 billion in 2020.
- The capital stock per capita in Dominica was $3,148 in 2020.
- Dominica's capital stock has grown at an average annual rate of 2.1% since 2010.
FAQs
Q: What does this economic trend measure?
A: The 'Capital Stock at Constant National Prices for Dominica' metric measures the total monetary value of the fixed assets, such as machinery, equipment, and infrastructure, used in Dominica's economy.
Q: Why is this trend relevant for users or analysts?
A: This capital stock measure is an important indicator of Dominica's productive capacity and can help inform economic policy decisions related to investment, infrastructure development, and long-term growth planning.
Q: How is this data collected or calculated?
A: The data is calculated by the World Bank using a perpetual inventory method that tracks changes in the value of fixed assets over time.
Q: How is this trend used in economic policy?
A: Policymakers and analysts use this capital stock metric to evaluate Dominica's economic performance and development potential compared to other countries, which can inform decisions about investment, infrastructure, and economic planning.
Q: Are there update delays or limitations?
A: The capital stock data for Dominica is published annually by the World Bank, with some potential delays in data availability.
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Citation
U.S. Federal Reserve, Capital Stock at Constant National Prices for Dominica (RKNANPDMA666NRUG), retrieved from FRED.