International Merchandise Trade Statistics: Trade Balance: Commodities for Costa Rica
US dollars, exchange rate converted, Quarterly, Seasonally Adjusted
CRIXTNTVA01CXMLSAQ • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
-1,014,596,000.00
Year-over-Year Change
-58.80%
Date Range
1/1/1995 - 1/1/2025
Summary
This economic trend measures the quarterly, seasonally adjusted US dollar exchange rate, a key indicator of the dollar's value and US competitiveness in global trade.
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 US dollar exchange rate is a crucial barometer of the dollar's purchasing power and the relative strength of the US economy compared to its trading partners. It's closely monitored by policymakers, businesses, and investors to assess the country's trade position and international competitiveness.
Methodology
The data is collected and calculated by the US Federal Reserve based on foreign exchange market quotations.
Historical Context
The dollar exchange rate is a widely used input for economic and policy decisions related to trade, investment, and macroeconomic management.
Key Facts
- The US dollar is the world's primary reserve currency.
- A stronger dollar makes US exports more expensive and imports cheaper.
- The dollar exchange rate is a key factor in the US trade balance.
FAQs
Q: What does this economic trend measure?
A: This trend measures the quarterly, seasonally adjusted exchange rate of the US dollar against a weighted basket of foreign currencies.
Q: Why is this trend relevant for users or analysts?
A: The dollar exchange rate is a crucial indicator of the dollar's purchasing power and the US's international economic competitiveness, with implications for trade, investment, and policy decisions.
Q: How is this data collected or calculated?
A: The data is collected by the US Federal Reserve based on foreign exchange market quotations.
Q: How is this trend used in economic policy?
A: Policymakers, businesses, and investors closely monitor the dollar exchange rate to assess the country's trade position and make decisions related to trade, investment, and macroeconomic management.
Q: Are there update delays or limitations?
A: The data is reported quarterly with a timely release schedule, providing a reliable and up-to-date measure of the US dollar's exchange rate.
Related Trends
Production, Sales, Work Started and Orders: Production Volume: Economic Activity: Construction for Costa Rica
CRIPRCNTO01IXOBSAQ
Consumer Opinion Surveys: Economic Situation: Future Tendency for Costa Rica
CRICSESFT02STSAQ
Number of Identified Exporters to Costa Rica from Wyoming
WYCRIA475SCEN
Value of Exports to Costa Rica from Nevada
NVCRIA052SCEN
Balance of Payments: Current account balance (credit less debit) for Costa Rica
CRIBCAGDPBP6
Interest Rates: Other 3-Month Rates: Bank Deposit Rates: Total for Costa Rica
CRIIR3OBD01STM
Citation
U.S. Federal Reserve, US dollars, exchange rate converted, Quarterly, Seasonally Adjusted (CRIXTNTVA01CXMLSAQ), retrieved from FRED.