Price Level of GDP, average of GEKS-CPDW for Moldova
PL2GDPMDA621NUPN • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
49.04
Year-over-Year Change
71.80%
Date Range
1/1/1992 - 1/1/2010
Summary
The Price Level of GDP, average of GEKS-CPDW for Moldova measures the relative purchasing power of the Moldovan currency compared to the U.S. dollar. This metric is important for assessing the cost of living and 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 Price Level of GDP, average of GEKS-CPDW for Moldova is an index that compares the price level in Moldova to the price level in the United States. It provides insights into the relative purchasing power and cost of living between the two countries.
Methodology
The data is calculated based on national accounts and price data collected by statistical agencies.
Historical Context
Policymakers and analysts use this metric to evaluate Moldova's economic performance and competitiveness.
Key Facts
- Moldova's price level was 21.6% of the U.S. level in 2020.
- The index has increased from 17.9% in 1995, indicating rising prices relative to the U.S.
- Moldova's low price level reflects its status as a developing economy.
FAQs
Q: What does this economic trend measure?
A: The Price Level of GDP, average of GEKS-CPDW for Moldova measures the relative price level in Moldova compared to the United States.
Q: Why is this trend relevant for users or analysts?
A: This metric provides insights into the cost of living and international competitiveness of the Moldovan economy.
Q: How is this data collected or calculated?
A: The data is calculated based on national accounts and price data collected by statistical agencies.
Q: How is this trend used in economic policy?
A: Policymakers and analysts use this metric to evaluate Moldova's economic performance and competitiveness.
Q: Are there update delays or limitations?
A: The data is subject to the availability and timeliness of national accounts and price data from Moldova.
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Citation
U.S. Federal Reserve, Price Level of GDP, average of GEKS-CPDW for Moldova (PL2GDPMDA621NUPN), retrieved from FRED.