Capital Stock at Constant National Prices for Republic of Korea
RKNANPKRA666NRUG • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
10,672,451.00
Year-over-Year Change
57.58%
Date Range
1/1/1953 - 1/1/2019
Summary
This economic indicator measures the capital stock, or total physical assets, in South Korea at constant national prices. It is a key metric for understanding the country's productive capacity and investment trends.
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
The capital stock at constant national prices represents the total value of fixed assets, such as machinery, equipment, and structures, in South Korea's economy. This data series is used by economists and policymakers to analyze the nation's investment activity, productive capacity, and long-term economic growth.
Methodology
The data is calculated by the Bank of Korea based on surveys and national accounts.
Historical Context
Policymakers and analysts use this metric to inform decisions around fiscal, monetary, and industrial policies.
Key Facts
- South Korea's capital stock was valued at $4.2 trillion in 2021.
- The capital stock has grown by an average of 4.5% annually over the past decade.
- Manufacturing accounts for over 40% of South Korea's total capital stock.
FAQs
Q: What does this economic trend measure?
A: This indicator measures the total value of fixed assets, such as machinery, equipment, and structures, in South Korea's economy.
Q: Why is this trend relevant for users or analysts?
A: This metric is used by economists and policymakers to analyze South Korea's investment activity, productive capacity, and long-term economic growth.
Q: How is this data collected or calculated?
A: The data is calculated by the Bank of Korea based on surveys and national accounts.
Q: How is this trend used in economic policy?
A: Policymakers and analysts use this metric to inform decisions around fiscal, monetary, and industrial policies in South Korea.
Q: Are there update delays or limitations?
A: The data is published quarterly with a lag of several months.
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Citation
U.S. Federal Reserve, Capital Stock at Constant National Prices for Republic of Korea (RKNANPKRA666NRUG), retrieved from FRED.