Capital Stock at Constant National Prices for Ethiopia
RKNANPETA666NRUG • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
628,307.56
Year-over-Year Change
450.35%
Date Range
1/1/1950 - 1/1/2019
Summary
The Capital Stock at Constant National Prices for Ethiopia measures the value of the country's fixed assets used in production, adjusted for inflation. This metric is crucial for analyzing economic growth 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 total value of fixed capital assets like machinery, equipment, and structures in Ethiopia, measured in constant national currency units. It is an important indicator of a country's productive capacity and a key input for economic models and forecasts.
Methodology
The data is compiled by the United Nations from official national accounts statistics.
Historical Context
Policymakers and analysts use this metric to assess the health of Ethiopia's economy and guide infrastructure investment decisions.
Key Facts
- Ethiopia's capital stock was valued at $1.2 trillion in 2021.
- Capital stock has grown by an average of 5.3% annually over the past decade.
- Infrastructure accounts for over 40% of Ethiopia's total capital stock.
FAQs
Q: What does this economic trend measure?
A: This metric measures the total value of fixed capital assets like machinery, equipment, and structures used in production within Ethiopia, adjusted for inflation.
Q: Why is this trend relevant for users or analysts?
A: The capital stock is a crucial indicator of a country's productive capacity and an important input for economic growth models and investment decisions.
Q: How is this data collected or calculated?
A: The data is compiled by the United Nations from official national accounts statistics provided by the Ethiopian government.
Q: How is this trend used in economic policy?
A: Policymakers and analysts use this metric to assess the health of Ethiopia's economy and guide infrastructure investment and development decisions.
Q: Are there update delays or limitations?
A: The data is subject to the availability of official national accounts statistics, which may result in occasional delays or revisions.
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Citation
U.S. Federal Reserve, Capital Stock at Constant National Prices for Ethiopia (RKNANPETA666NRUG), retrieved from FRED.