Capital Stock at Constant National Prices for Gambia
RKNANPGMA666NRUG • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
11,324.60
Year-over-Year Change
33.94%
Date Range
1/1/1960 - 1/1/2019
Summary
The 'Capital Stock at Constant National Prices for Gambia' trend measures the total value of physical capital assets in Gambia, adjusted for inflation. This metric is crucial for economists analyzing a country'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 series represents the total net fixed capital stock in Gambia, including infrastructure, machinery, and equipment, valued at constant national prices. It is a key indicator of a country's productive capacity and a fundamental input for macroeconomic analysis and growth models.
Methodology
The data is calculated by the United Nations based on national accounts and investment statistics.
Historical Context
Policymakers and analysts use this metric to assess Gambia's economic development and investment climate.
Key Facts
- Gambia's capital stock was valued at $2.8 billion in 2020.
- The capital stock has grown by an average of 3.2% annually over the past decade.
- Investment in physical capital is a key driver of economic development in Gambia.
FAQs
Q: What does this economic trend measure?
A: This trend measures the total value of physical capital assets in Gambia, including infrastructure, machinery, and equipment, adjusted for inflation.
Q: Why is this trend relevant for users or analysts?
A: This metric is crucial for economists analyzing Gambia's productive capacity and economic growth potential, as the capital stock is a fundamental input for macroeconomic analysis and growth models.
Q: How is this data collected or calculated?
A: The data is calculated by the United Nations based on national accounts and investment statistics.
Q: How is this trend used in economic policy?
A: Policymakers and analysts use this metric to assess Gambia's economic development and investment climate, which is crucial for informing policy decisions.
Q: Are there update delays or limitations?
A: The data is updated annually, and there may be some delays in the availability of the most recent figures.
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Citation
U.S. Federal Reserve, Capital Stock at Constant National Prices for Gambia (RKNANPGMA666NRUG), retrieved from FRED.