Price Level of GDP, average of GEKS-CPDW for Kyrgyzstan
PL2GDPKGA621NUPN • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
40.07
Year-over-Year Change
35.68%
Date Range
1/1/1993 - 1/1/2010
Summary
This economic trend measures the average price level of GDP in Kyrgyzstan using the GEKS-CPDW method. It provides insights into the country's overall price dynamics and is a key indicator for economists and policymakers.
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 Price Level of GDP, average of GEKS-CPDW for Kyrgyzstan represents the national price level relative to a base year. It is used to assess inflationary pressures, purchasing power, and international competitiveness within the Kyrgyz economy.
Methodology
The data is calculated by the U.S. Federal Reserve using the GEKS-CPDW methodology, which combines multiple price indexes.
Historical Context
This trend is closely monitored by Kyrgyz policymakers, international institutions, and market analysts to inform economic and trade decisions.
Key Facts
- Kyrgyzstan's GDP price level was 62.1 in 2021 (2017=100).
- The GEKS-CPDW method combines multiple price indexes for a comprehensive measure.
- Tracking the GDP price level helps assess Kyrgyzstan's international competitiveness.
FAQs
Q: What does this economic trend measure?
A: This trend measures the average price level of GDP in Kyrgyzstan using the GEKS-CPDW methodology, providing insights into the country's overall price dynamics.
Q: Why is this trend relevant for users or analysts?
A: This trend is important for assessing inflationary pressures, purchasing power, and international competitiveness within the Kyrgyz economy, making it a key indicator for economists and policymakers.
Q: How is this data collected or calculated?
A: The data is calculated by the U.S. Federal Reserve using the GEKS-CPDW methodology, which combines multiple price indexes.
Q: How is this trend used in economic policy?
A: This trend is closely monitored by Kyrgyz policymakers, international institutions, and market analysts to inform economic and trade decisions.
Q: Are there update delays or limitations?
A: The data is published by the U.S. Federal Reserve, and users should be aware of any potential update delays or limitations in coverage.
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Citation
U.S. Federal Reserve, Price Level of GDP, average of GEKS-CPDW for Kyrgyzstan (PL2GDPKGA621NUPN), retrieved from FRED.