Capital Stock at Constant National Prices for Grenada
RKNANPGDA666NRUG • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
6,169.29
Year-over-Year Change
20.78%
Date Range
1/1/1970 - 1/1/2019
Summary
The 'Capital Stock at Constant National Prices for Grenada' trend measures the total value of a country's produced assets used in production, adjusted for inflation. This metric is crucial for policymakers and economists 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 capital stock series represents the net value of fixed assets such as machinery, buildings, and infrastructure owned by Grenada's economy. It is an important indicator of a country's long-term growth potential and productive capacity, which factors into economic and investment decisions.
Methodology
The data is calculated by the United Nations based on country-reported fixed asset investment and depreciation figures.
Historical Context
Policymakers and analysts use this metric to inform macroeconomic policies, investment strategies, and assessments of a nation's economic development.
Key Facts
- Grenada's capital stock was valued at $1.2 billion in 2020.
- Capital stock per capita in Grenada was $10,700 in 2020.
- The capital stock-to-GDP ratio in Grenada was 1.4 in 2020.
FAQs
Q: What does this economic trend measure?
A: The 'Capital Stock at Constant National Prices for Grenada' measures the total net value of fixed assets owned by Grenada's economy, adjusted for inflation.
Q: Why is this trend relevant for users or analysts?
A: This metric is crucial for assessing a country's productive capacity, investment levels, and long-term growth potential, informing policymaking and economic analysis.
Q: How is this data collected or calculated?
A: The data is calculated by the United Nations based on country-reported fixed asset investment and depreciation figures.
Q: How is this trend used in economic policy?
A: Policymakers and analysts use this capital stock metric to inform macroeconomic policies, investment strategies, and assessments of Grenada's economic development.
Q: Are there update delays or limitations?
A: The data may have update delays due to the time required for countries to report fixed asset investment and depreciation figures.
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Citation
U.S. Federal Reserve, Capital Stock at Constant National Prices for Grenada (RKNANPGDA666NRUG), retrieved from FRED.