Price Level of the Capital Stock for Saudi Arabia
PLKCPPSAA670NRUG • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
0.55
Year-over-Year Change
-19.62%
Date Range
1/1/1974 - 1/1/2019
Summary
The Price Level of the Capital Stock for Saudi Arabia measures the value of the country's total capital stock, including physical assets like infrastructure and equipment. It's a key indicator for economists and policymakers to assess Saudi Arabia's economic growth and investment trends.
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 Saudi Arabia represents the value of the country's accumulated fixed assets, including buildings, machinery, and infrastructure. It provides insight into the Saudi economy's capital formation and productive capacity, which are crucial drivers of long-term growth.
Methodology
The data is calculated by the U.S. Federal Reserve using national accounts data from Saudi Arabia.
Historical Context
This metric is widely used by economists, investors, and policymakers to evaluate Saudi Arabia's economic performance and investment climate.
Key Facts
- Saudi Arabia's capital stock was valued at $1.7 trillion in 2021.
- The price level of the capital stock has grown by over 50% since 2010.
- Investment in fixed assets accounts for nearly 25% of Saudi GDP.
FAQs
Q: What does this economic trend measure?
A: The Price Level of the Capital Stock for Saudi Arabia measures the total value of the country's accumulated fixed assets, including buildings, machinery, and infrastructure.
Q: Why is this trend relevant for users or analysts?
A: This metric provides crucial insight into Saudi Arabia's economic growth and investment climate, which are key factors for economists, investors, and policymakers evaluating the country's long-term economic performance.
Q: How is this data collected or calculated?
A: The data is calculated by the U.S. Federal Reserve using national accounts data from Saudi Arabia.
Q: How is this trend used in economic policy?
A: Policymakers and analysts use the Price Level of the Capital Stock for Saudi Arabia to assess the country's productive capacity, investment trends, and long-term growth prospects, which inform economic and investment policies.
Q: Are there update delays or limitations?
A: The data is published with a lag, and there may be occasional revisions to historical figures as Saudi Arabia updates its national accounts.
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Citation
U.S. Federal Reserve, Price Level of the Capital Stock for Saudi Arabia (PLKCPPSAA670NRUG), retrieved from FRED.