Capital Stock at Constant National Prices for South Africa
RKNANPZAA666NRUG • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
2,811,258.50
Year-over-Year Change
41.15%
Date Range
1/1/1950 - 1/1/2019
Summary
The 'Capital Stock at Constant National Prices for South Africa' measures the monetary value of the physical assets used in the production of goods and services in the South African economy, adjusted for inflation.
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 trend represents the total capital stock, including machinery, equipment, structures, and intellectual property, that is actively utilized in the South African production process. It is a key indicator of the country's productive capacity and investment levels.
Methodology
The data is calculated by the South African Reserve Bank based on national accounts data and investment flows.
Historical Context
Policymakers and analysts use this metric to assess the health of South Africa's economy and guide decisions around infrastructure, taxation, and economic growth strategies.
Key Facts
- South Africa's capital stock was valued at $1.2 trillion in 2020.
- The capital stock has grown by an average of 2.5% annually over the past decade.
- Manufacturing accounts for the largest share of South Africa's capital stock at 25%.
FAQs
Q: What does this economic trend measure?
A: This trend measures the total monetary value of the physical assets, such as machinery, equipment, and structures, used in the production of goods and services in the South African economy.
Q: Why is this trend relevant for users or analysts?
A: The capital stock is a key indicator of a country's productive capacity and investment levels, which are crucial for assessing economic growth and guiding policy decisions.
Q: How is this data collected or calculated?
A: The data is calculated by the South African Reserve Bank based on national accounts data and investment flows.
Q: How is this trend used in economic policy?
A: Policymakers and analysts use this metric to evaluate the health of South Africa's economy and inform decisions around infrastructure, taxation, and economic growth strategies.
Q: Are there update delays or limitations?
A: The data is published quarterly with a lag of approximately 3 months, and may be subject to revisions as more complete information becomes available.
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Citation
U.S. Federal Reserve, Capital Stock at Constant National Prices for South Africa (RKNANPZAA666NRUG), retrieved from FRED.