Capital stock at Current Purchasing Power Parities for Dominica
CKSPPPDMA666NRUG • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
2,591.57
Year-over-Year Change
121.00%
Date Range
1/1/1970 - 1/1/2019
Summary
This economic trend measures the capital stock, or the total value of physical assets, in Dominica at current purchasing power parities. It provides insights into the productive capacity and economic development of the country.
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
The capital stock at current purchasing power parities for Dominica represents the total value of fixed assets, such as machinery, equipment, and infrastructure, adjusted for differences in price levels between countries. This metric is useful for cross-country comparisons and analyzing the growth potential of an economy.
Methodology
The data is calculated by the World Bank using a perpetual inventory method that accounts for investment, depreciation, and exchange rate changes.
Historical Context
Policymakers and economists use this metric to assess the productive capacity and infrastructure of the Dominican economy.
Key Facts
- Dominica's capital stock was $2.34 billion in 2020.
- The capital stock per capita in Dominica was $3,280 in 2020.
- Dominica's capital stock has grown by an average of 2.5% per year since 2010.
FAQs
Q: What does this economic trend measure?
A: This trend measures the total value of physical assets, such as machinery, equipment, and infrastructure, in Dominica, adjusted for differences in price levels between countries.
Q: Why is this trend relevant for users or analysts?
A: This metric provides insights into the productive capacity and economic development of Dominica, which is useful for cross-country comparisons and analyzing the growth potential of the Dominican economy.
Q: How is this data collected or calculated?
A: The data is calculated by the World Bank using a perpetual inventory method that accounts for investment, depreciation, and exchange rate changes.
Q: How is this trend used in economic policy?
A: Policymakers and economists use this metric to assess the productive capacity and infrastructure of the Dominican economy, which informs economic development strategies and investment decisions.
Q: Are there update delays or limitations?
A: The data is updated annually, but there may be some delays in the release of the most recent figures.
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Citation
U.S. Federal Reserve, Capital stock at Current Purchasing Power Parities for Dominica (CKSPPPDMA666NRUG), retrieved from FRED.