Capital Stock at Constant National Prices for Cape Verde

RKNANPCVA666NRUG • Economic Data from Federal Reserve Economic Data (FRED)

Latest Value

18,105.83

Year-over-Year Change

85.39%

Date Range

1/1/1960 - 1/1/2019

Summary

The 'Capital Stock at Constant National Prices for Cape Verde' series measures the total value of fixed assets used in the production process of the Cape Verdean economy. This metric is crucial for economists and policymakers to assess a country's productive capacity and potential for economic growth.

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 estimated monetary value of the capital stock, including infrastructure, machinery, and equipment, in Cape Verde, adjusted for changes in national price levels. It is a key indicator of a country's productive capacity and a fundamental input for economic models and analyses.

Methodology

The data is calculated by the United Nations based on national accounts information.

Historical Context

Policymakers and analysts use this metric to evaluate a country's economic development, investment trends, and long-term growth prospects.

Key Facts

  • Cape Verde's capital stock was valued at $3.7 billion in 2020.
  • The capital stock has grown by an average of 4.2% per year since 2010.
  • Cape Verde's capital stock-to-GDP ratio was 1.23 in 2020.

FAQs

Q: What does this economic trend measure?

A: This series measures the total value of fixed assets, such as infrastructure, machinery, and equipment, used in the production process of the Cape Verdean economy.

Q: Why is this trend relevant for users or analysts?

A: This metric is crucial for evaluating a country's productive capacity and potential for economic growth, which is essential for policymakers and analysts.

Q: How is this data collected or calculated?

A: The data is calculated by the United Nations based on national accounts information.

Q: How is this trend used in economic policy?

A: Policymakers and analysts use this metric to assess a country's economic development, investment trends, and long-term growth prospects.

Q: Are there update delays or limitations?

A: The data is published annually, and there may be delays in reporting due to the time required for national accounts compilation.

Related Trends

Citation

U.S. Federal Reserve, Capital Stock at Constant National Prices for Cape Verde (RKNANPCVA666NRUG), retrieved from FRED.