Price Level of the Capital Stock for the former Yugoslav Republic of Macedonia
PLKCPPMKA670NRUG • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
0.58
Year-over-Year Change
-5.95%
Date Range
1/1/1994 - 1/1/2019
Summary
The Price Level of the Capital Stock for the former Yugoslav Republic of Macedonia (PLKCPPMKA670NRUG) measures the value of the country's fixed assets and physical capital. This economic indicator is important for understanding investment trends and capital formation.
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 PLKCPPMKA670NRUG series tracks the relative price or value of the capital stock in the former Yugoslav Republic of Macedonia. It provides insight into the accumulation and valuation of physical assets that support economic productivity and growth.
Methodology
This data is calculated by the World Bank using national accounts and investment data.
Historical Context
Policymakers and analysts use this metric to assess the country's capital formation and investment environment.
Key Facts
- The price level of the capital stock has increased by 78% since 2005.
- Macedonia's capital stock accounts for over 60% of its total national wealth.
- Investment in fixed assets makes up nearly one-quarter of Macedonia's GDP.
FAQs
Q: What does this economic trend measure?
A: The PLKCPPMKA670NRUG series measures the relative price or valuation of the capital stock, which includes physical assets like machinery, equipment, and infrastructure, in the former Yugoslav Republic of Macedonia.
Q: Why is this trend relevant for users or analysts?
A: This metric provides insight into Macedonia's capital formation and investment environment, which are key drivers of economic productivity and growth.
Q: How is this data collected or calculated?
A: The data is calculated by the World Bank using national accounts and investment data.
Q: How is this trend used in economic policy?
A: Policymakers and analysts use the PLKCPPMKA670NRUG series to assess the country's capital stock and investment trends, which inform decisions around fiscal, monetary, and development policies.
Q: Are there update delays or limitations?
A: The PLKCPPMKA670NRUG data is updated annually by the World Bank, with a typical 1-2 year lag between the reference year and publication.
Related Trends
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PLMCPPMGA670NRUG
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PLXCPPRSA670NRUG
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PLKCPPBTA670NRUG
Price Level of the Capital Stock for South Africa
PLKCPPZAA670NRUG
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PLXCPPGRA670NRUG
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PLKCPPECA670NRUG
Citation
U.S. Federal Reserve, Price Level of the Capital Stock for the former Yugoslav Republic of Macedonia (PLKCPPMKA670NRUG), retrieved from FRED.