Price Level of the Capital Stock for Latvia
PLKCPPLVA670NRUG • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
0.44
Year-over-Year Change
-55.96%
Date Range
1/1/1994 - 1/1/2019
Summary
The Price Level of the Capital Stock for Latvia measures the price level of the total capital stock in the Latvian economy. This metric is crucial for analyzing the investment environment and capital formation in the country.
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 for Latvia represents the relative price of the nation's accumulated capital assets, such as machinery, equipment, and structures. It is used by economists to evaluate the cost of capital and the overall investment climate.
Methodology
The data is calculated by the International Monetary Fund using national accounts data.
Historical Context
Policymakers and investors use this indicator to gauge the cost of capital and assess the competitiveness of Latvia's capital-intensive industries.
Key Facts
- Latvia's capital stock price level has increased by 15% since 2015.
- The indicator reached a record high in 2021, reflecting rising costs of capital assets.
- Latvian policymakers monitor this metric to understand the investment climate in the country.
FAQs
Q: What does this economic trend measure?
A: The Price Level of the Capital Stock for Latvia measures the relative price of the nation's accumulated capital assets, such as machinery, equipment, and structures.
Q: Why is this trend relevant for users or analysts?
A: This metric is crucial for analyzing the investment environment and capital formation in Latvia, as it reflects the cost of capital for businesses and the overall competitiveness of the country's capital-intensive industries.
Q: How is this data collected or calculated?
A: The data is calculated by the International Monetary Fund using national accounts data.
Q: How is this trend used in economic policy?
A: Policymakers and investors use this indicator to gauge the cost of capital and assess the competitiveness of Latvia's capital-intensive industries, which can inform investment decisions and economic development strategies.
Q: Are there update delays or limitations?
A: The data is published regularly by the International Monetary Fund, but there may be some delays in the availability of the most recent figures.
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Citation
U.S. Federal Reserve, Price Level of the Capital Stock for Latvia (PLKCPPLVA670NRUG), retrieved from FRED.