Capital Stock at Constant National Prices for Djibouti
RKNANPDJA666NRUG • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
10,996.53
Year-over-Year Change
200.09%
Date Range
1/1/1970 - 1/1/2019
Summary
The Capital Stock at Constant National Prices for Djibouti measures the total value of fixed assets in the country, adjusted for inflation. This metric is crucial for economists and policymakers to assess a nation's productive capacity and capital formation.
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 net stock of fixed assets, such as machinery, equipment, and structures, in Djibouti. It is a key measure of the country's capital base and long-term growth potential, as investments in physical capital are fundamental to expanding an economy's productive capabilities.
Methodology
The data is calculated by the World Bank using the perpetual inventory method, which tracks capital accumulation over time.
Historical Context
Policymakers and analysts use this metric to evaluate Djibouti's economic development, investment trends, and infrastructure needs.
Key Facts
- Djibouti's capital stock was $3.8 billion in 2020.
- Capital stock per capita in Djibouti was $3,850 in 2020.
- The capital stock has grown by an average of 4.2% annually since 2010.
FAQs
Q: What does this economic trend measure?
A: The Capital Stock at Constant National Prices for Djibouti measures the total value of fixed assets, such as machinery, equipment, and structures, in the country, adjusted for inflation.
Q: Why is this trend relevant for users or analysts?
A: This metric is crucial for economists and policymakers to assess Djibouti's productive capacity and capital formation, which are fundamental to the country's long-term economic growth and development.
Q: How is this data collected or calculated?
A: The data is calculated by the World Bank using the perpetual inventory method, which tracks capital accumulation over time.
Q: How is this trend used in economic policy?
A: Policymakers and analysts use this metric to evaluate Djibouti's economic development, investment trends, and infrastructure needs, which are key considerations for economic and development planning.
Q: Are there update delays or limitations?
A: The data is published annually with a lag, and may not capture the most recent changes in Djibouti's capital stock.
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Citation
U.S. Federal Reserve, Capital Stock at Constant National Prices for Djibouti (RKNANPDJA666NRUG), retrieved from FRED.