Capital Stock at Constant National Prices for Congo
RKNANPCGA666NRUG • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
137,948.31
Year-over-Year Change
124.11%
Date Range
1/1/1960 - 1/1/2019
Summary
The Capital Stock at Constant National Prices for Congo measures the total value of fixed assets used in the production process of the Congolese economy. This metric is important for economists and policymakers to analyze long-term economic growth and productivity.
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 series represents the total value of fixed assets, such as buildings, machinery, and infrastructure, used in the production of goods and services in the Democratic Republic of the Congo. It is a key indicator of the country's productive capacity and potential for economic expansion.
Methodology
The data is calculated by the World Bank using perpetual inventory methods and national accounts information.
Historical Context
Policymakers and analysts use this metric to assess Congo's investment climate and infrastructure development.
Key Facts
- Congo's capital stock was valued at $47.4 billion in 2020.
- Capital stock has grown by an average of 3.2% annually since 2010.
- The infrastructure sector accounts for the largest share of Congo's capital stock.
FAQs
Q: What does this economic trend measure?
A: This metric measures the total value of fixed assets, such as buildings, machinery, and infrastructure, used in the production process of the Congolese economy.
Q: Why is this trend relevant for users or analysts?
A: This indicator is important for assessing Congo's productive capacity, investment climate, and potential for long-term economic growth.
Q: How is this data collected or calculated?
A: The World Bank calculates this metric using perpetual inventory methods and national accounts information.
Q: How is this trend used in economic policy?
A: Policymakers and analysts use this data to evaluate Congo's infrastructure development and investment environment.
Q: Are there update delays or limitations?
A: There may be lags in data reporting, and the accuracy can be affected by the quality of national accounts information.
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Citation
U.S. Federal Reserve, Capital Stock at Constant National Prices for Congo (RKNANPCGA666NRUG), retrieved from FRED.