Price Level of the Capital Stock for Estonia
PLKCPPEEA670NRUG • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
0.61
Year-over-Year Change
-41.84%
Date Range
1/1/1994 - 1/1/2019
Summary
The Price Level of the Capital Stock for Estonia measures the price index of the capital stock in the Estonian economy. This metric is crucial for evaluating the country's investment climate and productivity 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
The Price Level of the Capital Stock represents the relative price of capital goods in Estonia compared to a base year. It is an important indicator of investment costs and the relative prices of machinery, equipment, and structures used in production.
Methodology
The data is calculated by the World Bank using national accounts and investment data.
Historical Context
This indicator provides insight into Estonia's capital formation and investment trends, which are key drivers of economic development.
Key Facts
- The capital stock price level in Estonia was 85.4 in 2020.
- Estonia's capital stock price index has risen by 9% since 2010.
- This metric helps track the cost of investment in the Estonian economy.
FAQs
Q: What does this economic trend measure?
A: The Price Level of the Capital Stock for Estonia measures the relative price of capital goods in the country compared to a base year. It reflects the cost of investment in machinery, equipment, and structures.
Q: Why is this trend relevant for users or analysts?
A: This metric provides insight into the investment climate and productivity growth in Estonia. It is useful for evaluating the costs of capital formation and the relative prices of productive assets.
Q: How is this data collected or calculated?
A: The data is calculated by the World Bank using national accounts and investment data for Estonia.
Q: How is this trend used in economic policy?
A: Policymakers and economists use this indicator to assess Estonia's capital formation, investment trends, and the overall productivity of the economy.
Q: Are there update delays or limitations?
A: There may be lags in data availability, as the World Bank updates this series annually based on national accounts and investment data.
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Citation
U.S. Federal Reserve, Price Level of the Capital Stock for Estonia (PLKCPPEEA670NRUG), retrieved from FRED.