Capital Stock at Constant National Prices for Mongolia
RKNANPMNA666NRUG • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
166,479.33
Year-over-Year Change
54.44%
Date Range
1/1/1970 - 1/1/2019
Summary
The 'Capital Stock at Constant National Prices for Mongolia' trend measures the total value of fixed assets in Mongolia's economy, adjusted for inflation. This metric is critical for understanding a country's productive capacity and investment levels.
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 tracks the total capital stock, including machinery, equipment, and structures, held by businesses, governments, and households in Mongolia. It is an important indicator of a country's productive capacity and potential for economic growth.
Methodology
The data is calculated by the United Nations based on investment flows and depreciation rates.
Historical Context
Policymakers and analysts use this metric to assess a country's infrastructure, investment climate, and long-term economic prospects.
Key Facts
- Mongolia's capital stock was valued at $47.4 billion in 2020.
- Capital stock per capita in Mongolia was $14,280 in 2020.
- Mongolia's capital stock has grown by an average of 3.7% annually since 2010.
FAQs
Q: What does this economic trend measure?
A: This trend measures the total value of fixed assets, including machinery, equipment, and structures, held by businesses, governments, and households in Mongolia.
Q: Why is this trend relevant for users or analysts?
A: This metric is critical for understanding a country's productive capacity and investment levels, which are key drivers of long-term economic growth.
Q: How is this data collected or calculated?
A: The data is calculated by the United Nations 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 a country's infrastructure, investment climate, and long-term economic prospects.
Q: Are there update delays or limitations?
A: The data is published annually with a lag of approximately one year.
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Citation
U.S. Federal Reserve, Capital Stock at Constant National Prices for Mongolia (RKNANPMNA666NRUG), retrieved from FRED.