National Accounts: GDP by Expenditure: Constant Prices: Gross Domestic Product: Total for Denmark
Index 2015=100, Quarterly
NAEXKP01DKQ661S • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
117.93
Year-over-Year Change
8.85%
Date Range
1/1/1995 - 7/1/2023
Summary
The Index 2015=100, Quarterly series measures the real effective exchange rate of the U.S. dollar, a key indicator of a country's international competitiveness.
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) is an inflation-adjusted index that tracks the U.S. dollar's value relative to a basket of major trading partners' currencies. It is widely used by economists and policymakers to assess the U.S. economy's external price competitiveness.
Methodology
The data is calculated by the Federal Reserve using exchange rate and consumer price index data.
Historical Context
Changes in the REER index can signal shifts in trade balances, foreign investment flows, and a country's overall economic performance.
Key Facts
- The REER index uses 2015 as the base year, with a value of 100.
- A rising REER indicates the U.S. dollar is appreciating relative to trading partners.
- The REER adjusts for inflation to provide a more accurate assessment of competitiveness.
FAQs
Q: What does this economic trend measure?
A: The Index 2015=100, Quarterly series measures the real effective exchange rate of the U.S. dollar, which tracks the dollar's value relative to a basket of major trading partners' currencies.
Q: Why is this trend relevant for users or analysts?
A: The real effective exchange rate is a key indicator of a country's international price competitiveness, making it important for economists, policymakers, and market analysts to monitor.
Q: How is this data collected or calculated?
A: The Federal Reserve calculates the REER index using exchange rate and consumer price index data.
Q: How is this trend used in economic policy?
A: Changes in the REER can signal shifts in trade balances, foreign investment flows, and overall economic performance, making it relevant for monetary and trade policy decisions.
Q: Are there update delays or limitations?
A: The REER data is published quarterly with a lag, so the most recent values may not reflect the current economic situation.
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Citation
U.S. Federal Reserve, Index 2015=100, Quarterly (NAEXKP01DKQ661S), retrieved from FRED.