Capital stock at Current Purchasing Power Parities for Hong Kong
CKSPPPHKA666NRUG • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
2,284,302.75
Year-over-Year Change
60.08%
Date Range
1/1/1960 - 1/1/2019
Summary
The 'Capital stock at Current Purchasing Power Parities for Hong Kong' trend measures the total value of productive assets in Hong Kong's economy, adjusted for differences in price levels across countries.
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 metric represents the monetary value of the capital stock in Hong Kong, including infrastructure, machinery, and other fixed assets, based on comparable purchasing power across international markets. It is a key economic indicator used to analyze capital investment, productivity, and economic growth.
Methodology
The data is calculated by the OECD using a perpetual inventory method based on investment flows and depreciation rates.
Historical Context
Policymakers and economists monitor this trend to assess Hong Kong's competitiveness and guide decisions around infrastructure, taxation, and economic development strategies.
Key Facts
- Hong Kong has one of the highest capital stock values per capita in the world.
- The capital stock trend is a key input for calculating multifactor productivity growth.
- Investments in the capital stock support Hong Kong's status as a global financial and business hub.
FAQs
Q: What does this economic trend measure?
A: This trend measures the total monetary value of the productive capital stock in Hong Kong's economy, adjusted for differences in price levels compared to other countries.
Q: Why is this trend relevant for users or analysts?
A: The capital stock trend is a critical indicator of an economy's productive capacity, investment levels, and potential for future growth. It informs policymakers and economists about Hong Kong's competitiveness and guides decisions around economic development strategies.
Q: How is this data collected or calculated?
A: The data is calculated by the OECD using a perpetual inventory method that tracks investment flows and depreciation rates over time.
Q: How is this trend used in economic policy?
A: Policymakers and analysts use the capital stock trend to assess Hong Kong's economic competitiveness, guide infrastructure investment decisions, and develop strategies to promote productivity growth and business investment.
Q: Are there update delays or limitations?
A: The capital stock data is updated annually by the OECD, with a typical 1-2 year lag in availability. The methodology relies on assumptions about depreciation rates and investment flows that may not fully capture all economic factors.
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Citation
U.S. Federal Reserve, Capital stock at Current Purchasing Power Parities for Hong Kong (CKSPPPHKA666NRUG), retrieved from FRED.