Price Level of the Capital Stock for the Democratic Republic of the Congo
PLKCPPCDA670NRUG • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
1.87
Year-over-Year Change
961.63%
Date Range
1/1/1950 - 1/1/2014
Summary
The Price Level of the Capital Stock for the Democratic Republic of the Congo (DRC) measures the relative price of the DRC's capital stock compared to a base year. This metric is important for economists and policymakers analyzing the DRC's economic development and investment climate.
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 price level of the capital stock in the Democratic Republic of the Congo, which includes assets like machinery, equipment, and structures used for production. It provides insight into the country's capital formation and investment trends over time.
Methodology
The data is calculated by the World Bank using national accounts information.
Historical Context
Policymakers and investors use this metric to assess the DRC's economic competitiveness and attractiveness for capital investment.
Key Facts
- The base year for this index is 2017.
- The DRC's capital stock price level was 78.47 in 2020.
- This metric has declined by over 20% since 2010.
FAQs
Q: What does this economic trend measure?
A: This series measures the relative price level of the capital stock in the Democratic Republic of the Congo compared to a base year. It provides insight into the country's capital formation and investment trends.
Q: Why is this trend relevant for users or analysts?
A: This metric is important for evaluating the DRC's economic competitiveness and attractiveness for capital investment by policymakers and investors.
Q: How is this data collected or calculated?
A: The data is calculated by the World Bank using national accounts information.
Q: How is this trend used in economic policy?
A: Policymakers and investors use this metric to assess the DRC's economic development and the investment climate.
Q: Are there update delays or limitations?
A: The data is published annually with a delay, so it may not reflect the most recent economic conditions.
Related Trends
Price Level of Exports for France
PLXCPPFRA670NRUG
Price Level of Capital Formation for Morocco
PLICPPMAA670NRUG
Price Level of Exports for Luxembourg
PLXCPPLUA670NRUG
Price Level of the Capital Stock for Slovakia
PLKCPPSKA670NRUG
Price Level of Household Consumption for Costa Rica
PLCCPPCRA670NRUG
Price Level of Imports for Belarus
PLMCPPBYA670NRUG
Citation
U.S. Federal Reserve, Price Level of the Capital Stock for the Democratic Republic of the Congo (PLKCPPCDA670NRUG), retrieved from FRED.