National Accounts: GDP by Expenditure: Constant Prices: Gross Domestic Product: Total for Austria
Index 2015=100, Annual
NAEXKP01ATA661S • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
110.54
Year-over-Year Change
16.50%
Date Range
1/1/1988 - 1/1/2022
Summary
The Index 2015=100, Annual metric tracks the annual value of the real effective exchange rate index for Argentina, with 2015 as the base year. This measure is critical for assessing Argentina's international competitiveness and 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
The real effective exchange rate (REER) index for Argentina compares the country's currency value to a basket of trading partners, adjusting for inflation differences. This provides a comprehensive gauge of Argentina's trade position and purchasing power parity.
Methodology
The data is calculated by the Federal Reserve based on exchange rates and price indices.
Historical Context
Policymakers and analysts use the Argentine REER index to monitor trade balances, evaluate export/import competitiveness, and inform macroeconomic strategies.
Key Facts
- The base year for the index is 2015 = 100.
- Argentina's REER index measures its currency's value relative to major trading partners.
- Higher REER values indicate greater international purchasing power for Argentine goods.
FAQs
Q: What does this economic trend measure?
A: The Index 2015=100, Annual metric tracks the annual value of Argentina's real effective exchange rate index, which compares the country's currency to a basket of trading partners while adjusting for inflation differences.
Q: Why is this trend relevant for users or analysts?
A: The Argentine REER index is a critical indicator of the country's international trade competitiveness and purchasing power parity, informing policy decisions and market analysis.
Q: How is this data collected or calculated?
A: The data is calculated by the U.S. Federal Reserve based on exchange rates and price indices.
Q: How is this trend used in economic policy?
A: Policymakers and analysts use the Argentine REER index to monitor trade balances, evaluate export/import competitiveness, and inform macroeconomic strategies.
Q: Are there update delays or limitations?
A: The data is published annually with no significant delays, providing a comprehensive annual snapshot of Argentina's real effective exchange rate.
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Citation
U.S. Federal Reserve, Index 2015=100, Annual (NAEXKP01ATA661S), retrieved from FRED.