Price Level of the Capital Stock for Trinidad and Tobago
PLKCPPTTA670NRUG • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
1.87
Year-over-Year Change
1.27%
Date Range
1/1/1954 - 1/1/2019
Summary
The 'Price Level of the Capital Stock for Trinidad and Tobago' measures the relative price level of the fixed capital stock in the Trinidad and Tobago economy. This metric is important for economists and policymakers to understand the value and purchasing power of the nation's productive capacity.
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 trend represents the price level of the fixed capital stock, which includes physical assets like machinery, equipment, and infrastructure that are used in production. It provides insight into the real value of the country's productive capacity and can inform investment and policy decisions.
Methodology
The data is calculated by the International Monetary Fund using national accounts data.
Historical Context
Policymakers use this indicator to assess the economy's productive potential and guide decisions around fiscal, monetary, and investment policies.
Key Facts
- The base year for this index is 2015.
- Trinidad and Tobago is a high-income Caribbean nation.
- Capital stock is a key determinant of long-term economic growth.
FAQs
Q: What does this economic trend measure?
A: This indicator measures the relative price level of the fixed capital stock in the Trinidad and Tobago economy, providing insight into the value and purchasing power of the nation's productive capacity.
Q: Why is this trend relevant for users or analysts?
A: This metric is important for economists and policymakers to understand the real value of the country's productive assets, which can inform investment decisions and guide policies to promote economic growth.
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 use this indicator to assess the economy's productive potential and guide decisions around fiscal, monetary, and investment policies to support long-term economic growth.
Q: Are there update delays or limitations?
A: The data is published regularly by the IMF, but there may be some delays in availability due to the time required for data collection and reporting.
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Citation
U.S. Federal Reserve, Price Level of the Capital Stock for Trinidad and Tobago (PLKCPPTTA670NRUG), retrieved from FRED.