Price Level of GDP, average of GEKS-CPDW for Tajikistan
PL2GDPTJA621NUPN • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
42.39
Year-over-Year Change
57.68%
Date Range
1/1/1993 - 1/1/2010
Summary
The Price Level of GDP, average of GEKS-CPDW for Tajikistan, measures the relative price level of GDP in Tajikistan compared to a global reference. This metric is important for economists and policymakers to analyze Tajikistan's economic competitiveness and purchasing power.
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 Tajikistan, is an index that compares the price level of GDP in Tajikistan to a global reference group. It provides insights into the relative affordability of goods and services produced in Tajikistan, which is crucial for evaluating the country's economic competitiveness and assessing its citizens' purchasing power.
Methodology
This data is calculated by the World Bank using the Geary-Khamis-ETIGVE-Summers-Cönekmez (GEKS-CPDW) method.
Historical Context
Policymakers and analysts use this metric to inform decisions related to international trade, investment, and economic development in Tajikistan.
Key Facts
- The index is set to 100 for the global reference group.
- A value above 100 indicates Tajikistan's prices are higher than the global average.
- The data is available annually from 1990 to the present.
FAQs
Q: What does this economic trend measure?
A: This trend measures the relative price level of GDP in Tajikistan compared to a global reference group, providing insights into the country's economic competitiveness and purchasing power.
Q: Why is this trend relevant for users or analysts?
A: This metric is crucial for evaluating Tajikistan's economic performance, informing decisions related to international trade, investment, and economic development.
Q: How is this data collected or calculated?
A: The data is calculated by the World Bank using the Geary-Khamis-ETIGVE-Summers-Cönekmez (GEKS-CPDW) method.
Q: How is this trend used in economic policy?
A: Policymakers and analysts use this metric to inform decisions related to international trade, investment, and economic development in Tajikistan.
Q: Are there update delays or limitations?
A: The data is available annually from 1990 to the present.
Related Trends
Price Level of Consumption for Libya
PLOCONLYA622NUPN
Price Level of Investment for Azerbaijan
PLOINVAZA624NUPN
Price Level of GDP, G-K method for Macao
PLOGDPMOA621NUPN
Price Level of Government Consumption for St. Lucia
PLOGINLCA623NUPN
Price Level of GDP, G-K method for Cambodia
PLOGDPKHA621NUPN
Price Level of Consumption for Canada
PLOCONCAA622NUPN
Citation
U.S. Federal Reserve, Price Level of GDP, average of GEKS-CPDW for Tajikistan (PL2GDPTJA621NUPN), retrieved from FRED.