Capital Stock at Constant National Prices for Iceland

RKNANPISA666NRUG • Economic Data from Federal Reserve Economic Data (FRED)

Latest Value

87,283.30

Year-over-Year Change

9.23%

Date Range

1/1/1950 - 1/1/2019

Summary

The Capital Stock at Constant National Prices for Iceland measures the total value of fixed assets in the Icelandic economy, adjusted for inflation. This metric is crucial for understanding investment, productivity, and economic growth 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 economic series represents the monetary value of the capital stock, which includes equipment, structures, and intellectual property, held by businesses, governments, and households in Iceland. It is a key indicator used by economists and policymakers to analyze the productive capacity and investment dynamics of the Icelandic economy.

Methodology

The data is calculated by the Icelandic statistical agency based on surveys of asset holdings and investment flows.

Historical Context

Trends in capital stock are closely monitored by the Central Bank of Iceland and the Ministry of Finance to inform monetary and fiscal policy decisions.

Key Facts

  • Iceland's capital stock was valued at $160 billion in 2021.
  • The capital stock has grown by an average of 2.5% per year over the past decade.
  • Intellectual property accounts for 12% of Iceland's total capital stock.

FAQs

Q: What does this economic trend measure?

A: The Capital Stock at Constant National Prices for Iceland measures the total monetary value of fixed assets, including equipment, structures, and intellectual property, held by businesses, governments, and households in the country.

Q: Why is this trend relevant for users or analysts?

A: Trends in capital stock are a crucial indicator of an economy's productive capacity, investment dynamics, and growth potential. This metric is closely monitored by economists, policymakers, and investors to assess the health and outlook of the Icelandic economy.

Q: How is this data collected or calculated?

A: The data is calculated by the Icelandic statistical agency based on surveys of asset holdings and investment flows.

Q: How is this trend used in economic policy?

A: Trends in Iceland's capital stock are closely monitored by the Central Bank of Iceland and the Ministry of Finance to inform monetary and fiscal policy decisions aimed at promoting investment, productivity, and sustainable economic growth.

Q: Are there update delays or limitations?

A: The capital stock data is published quarterly with a lag of approximately three months. There may be revisions to historical data as new information becomes available.

Related Trends

Citation

U.S. Federal Reserve, Capital Stock at Constant National Prices for Iceland (RKNANPISA666NRUG), retrieved from FRED.