Price Level of the Capital Stock for Republic of Korea
PLKCPPKRA670NRUG • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
0.66
Year-over-Year Change
-32.20%
Date Range
1/1/1957 - 1/1/2019
Summary
The Price Level of the Capital Stock for Republic of Korea is an economic indicator that measures the price inflation experienced by the capital stock in South Korea. It is an important metric for policymakers and economists analyzing investment trends 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 price level of the total capital stock in South Korea, including machinery, equipment, and structures. It is used to assess the impact of price changes on the real value of the nation's productive assets, which is crucial for evaluating investment, savings, and economic performance.
Methodology
The data is calculated by the U.S. Bureau of Economic Analysis using price indices and investment flows.
Historical Context
This metric is closely watched by the South Korean government and central bank to inform monetary and fiscal policies.
Key Facts
- The series has a base year of 2017.
- South Korea's capital stock was valued at $2.4 trillion in 2021.
- The price level rose 3.2% in 2021 compared to the previous year.
FAQs
Q: What does this economic trend measure?
A: The Price Level of the Capital Stock for Republic of Korea measures the inflation experienced by South Korea's total productive assets, including machinery, equipment, and structures.
Q: Why is this trend relevant for users or analysts?
A: This metric is important for evaluating investment, savings, and economic performance in South Korea, as it indicates the real value of the nation's capital stock.
Q: How is this data collected or calculated?
A: The data is calculated by the U.S. Bureau of Economic Analysis using price indices and investment flows.
Q: How is this trend used in economic policy?
A: The South Korean government and central bank closely monitor this metric to inform monetary and fiscal policies that impact investment, growth, and economic stability.
Q: Are there update delays or limitations?
A: The data is published quarterly with a lag of approximately 3 months.
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Citation
U.S. Federal Reserve, Price Level of the Capital Stock for Republic of Korea (PLKCPPKRA670NRUG), retrieved from FRED.