Capital Stock at Constant National Prices for Greece
RKNANPGRA666NRUG • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
2,304,946.00
Year-over-Year Change
-1.86%
Date Range
1/1/1951 - 1/1/2019
Summary
The 'Capital Stock at Constant National Prices for Greece' trend measures the total value of fixed assets in Greece's economy, adjusted for inflation. This metric is crucial for economists and policymakers to assess a country's productive capacity and investment levels.
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 net capital stock, including machinery, structures, and equipment, in Greece at constant national prices. It is a key indicator of a nation's productive capabilities and can inform decisions around infrastructure investment, economic growth, and competitiveness.
Methodology
The data is calculated by the OECD using the perpetual inventory method, which tracks capital accumulation over time.
Historical Context
Policymakers and analysts use this metric to evaluate Greece's economic development and competitiveness relative to other countries.
Key Facts
- Greece's capital stock was valued at $447 billion in 2020.
- Capital stock per capita in Greece was $42,200 in 2020.
- Greece's capital stock has grown by an average of 1.2% annually since 2010.
FAQs
Q: What does this economic trend measure?
A: This trend measures the total value of fixed assets, including machinery, structures, and equipment, in Greece's economy, adjusted for inflation.
Q: Why is this trend relevant for users or analysts?
A: This metric is crucial for economists and policymakers to assess a country's productive capacity and investment levels, which informs decisions around infrastructure, economic growth, and competitiveness.
Q: How is this data collected or calculated?
A: The data is calculated by the OECD 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 Greece's economic development and competitiveness relative to other countries.
Q: Are there update delays or limitations?
A: The data is published annually by the OECD, with a typical 1-2 year lag.
Related Trends
Share of Labour Compensation in GDP at Current National Prices for Uruguay
LABSHPUYA156NRUG
Capital Stock at Constant National Prices for Estonia
RKNANPEEA666NRUG
Real GDP at Constant National Prices for United Kingdom
RGDPNAGBA666NRUG
Capital Stock at Constant National Prices for Bolivarian Republic of Venezuela
RKNANPVEA666NRUG
Real GDP at Constant National Prices for Bosnia and Herzegovina
RGDPNABAA666NRUG
Share of Labour Compensation in GDP at Current National Prices for Chad
LABSHPTDA156NRUG
Citation
U.S. Federal Reserve, Capital Stock at Constant National Prices for Greece (RKNANPGRA666NRUG), retrieved from FRED.