Capital Stock at Constant National Prices for Namibia
RKNANPNAA666NRUG • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
75,324.45
Year-over-Year Change
98.15%
Date Range
1/1/1960 - 1/1/2019
Summary
This economic trend measures the capital stock at constant national prices for Namibia. It is a key indicator for economists and policymakers to assess the 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
The capital stock at constant national prices represents the total value of physical assets, such as machinery, buildings, and infrastructure, in Namibia. It is a crucial metric for evaluating the nation's economic development, as it reflects the available resources for production and future growth.
Methodology
The data is collected and calculated by the World Bank using a perpetual inventory method that accounts for investment, depreciation, and price changes.
Historical Context
This trend is widely used by economists, policymakers, and investors to analyze Namibia's economic performance and guide policy decisions.
Key Facts
- Namibia's capital stock was valued at $59.4 billion in 2020.
- The capital stock has grown by an average of 3.2% annually over the past decade.
- Manufacturing and infrastructure account for the largest shares of Namibia's capital stock.
FAQs
Q: What does this economic trend measure?
A: This trend measures the total value of physical assets, such as machinery, buildings, and infrastructure, in Namibia at constant national prices.
Q: Why is this trend relevant for users or analysts?
A: The capital stock at constant national prices is a crucial indicator for evaluating Namibia's economic development, productive capacity, and investment levels.
Q: How is this data collected or calculated?
A: The data is collected and calculated by the World Bank using a perpetual inventory method that accounts for investment, depreciation, and price changes.
Q: How is this trend used in economic policy?
A: This trend is widely used by economists, policymakers, and investors to analyze Namibia's economic performance and guide policy decisions related to investment, productivity, and economic growth.
Q: Are there update delays or limitations?
A: The data is updated annually by the World Bank, with a typical delay of 1-2 years. Limitations include the use of national prices, which may not fully capture international comparisons.
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Citation
U.S. Federal Reserve, Capital Stock at Constant National Prices for Namibia (RKNANPNAA666NRUG), retrieved from FRED.