Capital Stock at Constant National Prices for Senegal
RKNANPSNA666NRUG • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
154,137.03
Year-over-Year Change
94.72%
Date Range
1/1/1960 - 1/1/2019
Summary
The Capital Stock at Constant National Prices for Senegal measures the total value of fixed assets in the Senegalese economy, adjusted for inflation. This metric is crucial for understanding investment trends and the productive capacity of the nation.
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 inflation-adjusted value of the total stock of fixed capital assets in Senegal, including machinery, buildings, and infrastructure. It is a key indicator of the country's productive capacity and can inform economic policymaking and investment decisions.
Methodology
The data is calculated by the World Bank using national accounts information.
Historical Context
Policymakers and analysts use this metric to assess Senegal's economic development and the state of its capital formation.
Key Facts
- Senegal's capital stock was valued at $59.7 billion in 2020.
- The capital stock has grown by an average of 4.2% annually over the past decade.
- Machinery and equipment account for 45% of Senegal's total capital stock.
FAQs
Q: What does this economic trend measure?
A: This metric measures the total value of fixed assets in the Senegalese economy, including machinery, buildings, and infrastructure, adjusted for inflation.
Q: Why is this trend relevant for users or analysts?
A: This trend is a key indicator of Senegal's productive capacity and investment levels, which are crucial for understanding the country's economic development and informing policymaking.
Q: How is this data collected or calculated?
A: The data is calculated by the World Bank using national accounts information.
Q: How is this trend used in economic policy?
A: Policymakers and analysts use this metric to assess Senegal's economic development and the state of its capital formation, which can inform investment decisions and economic policies.
Q: Are there update delays or limitations?
A: The data is published annually with a delay of approximately one year.
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Citation
U.S. Federal Reserve, Capital Stock at Constant National Prices for Senegal (RKNANPSNA666NRUG), retrieved from FRED.