Capital stock at Current Purchasing Power Parities for Ethiopia
CKSPPPETA666NRUG • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
630,306.88
Year-over-Year Change
240.43%
Date Range
1/1/1950 - 1/1/2019
Summary
The 'Capital stock at Current Purchasing Power Parities for Ethiopia' series measures the total value of fixed assets in Ethiopia, adjusted for differences in purchasing power across countries. This metric is crucial for economists to analyze investment, productivity, and economic growth.
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 net capital stock, or the total value of fixed assets such as buildings, machinery, and infrastructure, in Ethiopia. It is measured in international dollars at current purchasing power parity (PPP) exchange rates, allowing for cross-country comparisons of capital stocks.
Methodology
The data is calculated by the Penn World Table using a perpetual inventory method based on investment flows and depreciation rates.
Historical Context
Policymakers and analysts use this metric to assess Ethiopia's investment climate, productive capacity, and economic development.
Key Facts
- Ethiopia's capital stock was $144 billion in 2019.
- The capital stock per worker in Ethiopia was $4,700 in 2019.
- Ethiopia's capital stock has grown by an average of 5.7% per year since 2000.
FAQs
Q: What does this economic trend measure?
A: This series measures the total value of fixed assets, such as buildings, machinery, and infrastructure, in Ethiopia, adjusted for differences in purchasing power across countries.
Q: Why is this trend relevant for users or analysts?
A: This metric is crucial for economists to analyze investment, productivity, and economic growth in Ethiopia, and to make cross-country comparisons.
Q: How is this data collected or calculated?
A: The data is calculated by the Penn World Table using a perpetual inventory method 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 Ethiopia's investment climate, productive capacity, and economic development.
Q: Are there update delays or limitations?
A: The data is subject to potential lags and revisions, as it is derived from various sources and estimation methods.
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Citation
U.S. Federal Reserve, Capital stock at Current Purchasing Power Parities for Ethiopia (CKSPPPETA666NRUG), retrieved from FRED.