National Accounts: GDP by Expenditure: Constant Prices: Government Final Consumption Expenditure for Estonia
Index 2015=100, Annual
NAEXKP03EEA661S • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
116.64
Year-over-Year Change
32.34%
Date Range
1/1/1995 - 1/1/2022
Summary
The Index 2015=100, Annual trend measures the real effective exchange rate of the U.S. dollar on an annual basis. This indicator is crucial for economists and policymakers to assess the competitiveness of U.S. exports and imports.
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 tracks the value of the U.S. dollar against a basket of currencies, adjusted for inflation. It provides insights into the overall strength and purchasing power of the dollar in international trade and finance.
Methodology
The data is calculated by the Federal Reserve based on exchange rates and consumer price indexes.
Historical Context
The REER index is widely used to evaluate trade and monetary policy impacts on the U.S. economy.
Key Facts
- The base year for the index is 2015.
- A higher index value indicates a stronger U.S. dollar.
- The REER index is published on an annual basis.
FAQs
Q: What does this economic trend measure?
A: The Index 2015=100, Annual trend measures the real effective exchange rate (REER) of the U.S. dollar, which tracks the value of the dollar against a basket of currencies, adjusted for inflation.
Q: Why is this trend relevant for users or analysts?
A: The REER index is crucial for evaluating the competitiveness of U.S. exports and imports, as well as assessing the overall strength and purchasing power of the U.S. dollar in international trade and finance.
Q: How is this data collected or calculated?
A: The data is calculated by the Federal Reserve based on exchange rates and consumer price indexes.
Q: How is this trend used in economic policy?
A: The REER index is widely used by economists and policymakers to evaluate the impacts of trade and monetary policies on the U.S. economy.
Q: Are there update delays or limitations?
A: The Index 2015=100, Annual trend is published on an annual basis, with no major update delays or limitations.
Related Trends
Gross National Income for Estonia
MKTGNIEEA646NWDB
Bank Regulatory Capital to Risk-Weighted Assets for Estonia
DDSI05EEA156NWDB
Harmonized Index of Consumer Prices: Heat Energy for Estonia
CP0455EEM086NEST
Gross Domestic Product for Estonia
MKTGDPEEA646NWDB
Consumer Price Indices (CPIs, HICPs), COICOP 1999: Consumer Price Index: Alcoholic Beverages, Tobacco and Narcotics for Estonia
ESTCP020000IXOBM
Infra-Annual Labor Statistics: Employment Total: From 15 to 74 Years for Estonia
LFEM74TTEEA647S
Citation
U.S. Federal Reserve, Index 2015=100, Annual (NAEXKP03EEA661S), retrieved from FRED.