Capital Stock at Constant National Prices for Benin
RKNANPBJA666NRUG • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
84,297.52
Year-over-Year Change
114.01%
Date Range
1/1/1959 - 1/1/2019
Summary
This economic trend measures the capital stock, or total fixed assets, in Benin at constant national prices. It is a key indicator of the country's productive capacity and economic development.
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 capital stock trend represents the total value of fixed assets such as buildings, machinery, and infrastructure in Benin. It is an important measure of the nation's productive capacity and a leading indicator of economic growth and investment.
Methodology
The data is calculated by the World Bank using national accounts and investment data.
Historical Context
Policymakers and analysts use this metric to assess Benin's economic performance and investment climate.
Key Facts
- Capital stock in Benin was $24.8 billion in 2020.
- The capital stock has grown by 4.2% annually over the past decade.
- Machinery and equipment account for 35% of Benin's total capital stock.
FAQs
Q: What does this economic trend measure?
A: This trend measures the total value of fixed assets such as buildings, machinery, and infrastructure in Benin at constant national prices.
Q: Why is this trend relevant for users or analysts?
A: The capital stock is a key indicator of Benin's productive capacity and economic development, providing insights into the nation's investment and growth trajectory.
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 this metric to assess Benin's economic performance and investment climate, informing decision-making and policy development.
Q: Are there update delays or limitations?
A: The data is published annually with a lag of approximately one year.
Related Trends
Total Factor Productivity at Constant National Prices for Netherlands
RTFPNANLA632NRUG
Capital Stock at Constant National Prices for Portugal
RKNANPPTA666NRUG
Share of Labour Compensation in GDP at Current National Prices for Mauritania
LABSHPMRA156NRUG
Capital Stock at Constant National Prices for Gambia
RKNANPGMA666NRUG
Capital Stock at Constant National Prices for Taiwan Province of China
RKNANPTWA666NRUG
Share of Labour Compensation in GDP at Current National Prices for Luxembourg
LABSHPLUA156NRUG
Citation
U.S. Federal Reserve, Capital Stock at Constant National Prices for Benin (RKNANPBJA666NRUG), retrieved from FRED.