Terms of Trade for Goods for Mali
MLITTTIX • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
229.80
Year-over-Year Change
82.24%
Date Range
1/1/2000 - 1/1/2026
Summary
The 'Terms of Trade for Goods for Mali' tracks the ratio of export to import prices for Mali, providing insight into the country's international trade dynamics.
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 index measures the relative strength of Mali's export prices compared to its import prices, offering a gauge of the country's purchasing power in global trade. It is a key indicator used by economists and policymakers to assess Mali's trade competitiveness and terms of trade.
Methodology
The data is calculated based on price indices for Malian exports and imports.
Historical Context
The terms of trade index helps inform trade, fiscal, and monetary policies in Mali and its regional economic partners.
Key Facts
- Mali is a landlocked country in West Africa.
- The terms of trade index uses 2015 as the base year.
- Higher index values indicate more favorable trade conditions for Mali.
FAQs
Q: What does this economic trend measure?
A: The 'Terms of Trade for Goods for Mali' index tracks the ratio of export to import prices for the country, providing insight into its international trade dynamics.
Q: Why is this trend relevant for users or analysts?
A: This index is a key indicator used by economists and policymakers to assess Mali's trade competitiveness and purchasing power in global markets.
Q: How is this data collected or calculated?
A: The data is calculated based on price indices for Malian exports and imports.
Q: How is this trend used in economic policy?
A: The terms of trade index helps inform trade, fiscal, and monetary policies in Mali and its regional economic partners.
Q: Are there update delays or limitations?
A: The data is subject to the typical publication schedule and potential revisions common to economic statistics.
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Citation
U.S. Federal Reserve, Terms of Trade for Goods for Mali (MLITTTIX), retrieved from FRED.