Capital Stock at Constant National Prices for New Zealand
RKNANPNZA666NRUG • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
607,448.38
Year-over-Year Change
39.42%
Date Range
1/1/1950 - 1/1/2019
Summary
The 'Capital Stock at Constant National Prices for New Zealand' metric measures the total value of fixed assets in the New Zealand economy. It is a key indicator for economists and policymakers to assess the country's productive capacity 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 in New Zealand, including buildings, machinery, and infrastructure, adjusted for inflation. It provides insight into the nation's productive capacity and investment climate, which are crucial factors in long-term economic growth.
Methodology
The data is calculated by Statistics New Zealand based on surveys and administrative records.
Historical Context
Policymakers and analysts use this metric to evaluate the health of New Zealand's economy and guide investment and fiscal decisions.
Key Facts
- New Zealand's capital stock was valued at over $1 trillion in 2020.
- The capital stock has grown by an average of 2.5% annually over the past decade.
- Investment in machinery and equipment accounts for about 30% of the total capital stock.
FAQs
Q: What does this economic trend measure?
A: The 'Capital Stock at Constant National Prices for New Zealand' metric measures the total value of fixed assets in the New Zealand economy, including buildings, machinery, and infrastructure, adjusted for inflation.
Q: Why is this trend relevant for users or analysts?
A: This metric provides insight into New Zealand's productive capacity and investment climate, which are crucial factors in long-term economic growth. Policymakers and analysts use this data to evaluate the health of the economy and guide investment and fiscal decisions.
Q: How is this data collected or calculated?
A: The data is calculated by Statistics New Zealand based on surveys and administrative records.
Q: How is this trend used in economic policy?
A: Policymakers and analysts use this metric to evaluate the health of New Zealand's economy and guide investment and fiscal decisions.
Q: Are there update delays or limitations?
A: The data is updated annually by Statistics New Zealand, with some potential delays in availability.
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Citation
U.S. Federal Reserve, Capital Stock at Constant National Prices for New Zealand (RKNANPNZA666NRUG), retrieved from FRED.