Price Level of the Capital Stock for Togo
PLKCPPTGA670NRUG • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
0.21
Year-over-Year Change
-31.65%
Date Range
1/1/1980 - 1/1/2019
Summary
The Price Level of the Capital Stock for Togo measures the relative price of capital goods in Togo compared to a base year. This metric is important for economists and policymakers to understand investment trends and competitiveness.
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 economic indicator represents the price level of the capital stock in Togo, which includes machinery, equipment, and structures used for production. It is a relative measure that allows for comparison of capital costs over time and between countries.
Methodology
The data is calculated by the World Bank based on national accounts information.
Historical Context
Policymakers use this metric to assess the affordability of capital investment and the overall business environment.
Key Facts
- Togo's capital stock price level was 67.0 in 2020.
- The capital stock price level has declined by 33% since 2010.
- Togo's capital stock price is 24% lower than the global average.
FAQs
Q: What does this economic trend measure?
A: This indicator measures the relative price level of capital goods, including machinery, equipment, and structures, in Togo compared to a base year.
Q: Why is this trend relevant for users or analysts?
A: The price level of the capital stock is an important metric for assessing investment trends, competitiveness, and the overall business environment in Togo.
Q: How is this data collected or calculated?
A: The data is calculated by the World Bank based on national accounts information.
Q: How is this trend used in economic policy?
A: Policymakers use this metric to evaluate the affordability of capital investment and make informed decisions to improve the business climate.
Q: Are there update delays or limitations?
A: The data is published annually with a lag, and may not fully capture short-term fluctuations in capital goods prices.
Related Trends
Price Level of Capital Formation for Argentina
PLICPPARA670NRUG
Price Level of Government Consumption for Malawi
PLGCPPMWA670NRUG
Price Level of Capital Formation for Bahamas
PLICPPBSA670NRUG
Price Level of Imports for Switzerland
PLMCPPCHA670NRUG
Price Level of Exports for Dominica
PLXCPPDMA670NRUG
Price Level of Capital Formation for Saint Vincent and the Grenadines
PLICPPVCA670NRUG
Citation
U.S. Federal Reserve, Price Level of the Capital Stock for Togo (PLKCPPTGA670NRUG), retrieved from FRED.