Price Level of Consumption for Tajikistan
PLOCONTJA622NUPN • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
35.05
Year-over-Year Change
36.86%
Date Range
1/1/1993 - 1/1/2010
Summary
The Price Level of Consumption for Tajikistan is an important economic indicator that measures the relative purchasing power and cost of living in the country. It is a key metric for economists and policymakers analyzing Tajikistan's economic development 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 Consumption for Tajikistan compares the purchasing power of the Tajikistani somoni to a reference currency, typically the U.S. dollar. It provides insights into the real cost of goods and services in Tajikistan relative to other countries, which informs trade, investment, and policy decisions.
Methodology
The data is calculated based on national accounts and consumer price data collected by the Tajikistan government.
Historical Context
This indicator is widely used by international organizations, investors, and analysts to assess Tajikistan's economic performance and living standards.
Key Facts
- Tajikistan's price level was 36.78% of the U.S. level in 2020.
- The price level has increased by over 60% since 2010.
- Tajikistan's price level is among the lowest in Central Asia.
FAQs
Q: What does this economic trend measure?
A: The Price Level of Consumption for Tajikistan measures the relative purchasing power and cost of living in the country compared to a reference currency, typically the U.S. dollar.
Q: Why is this trend relevant for users or analysts?
A: This indicator provides important insights into Tajikistan's economic competitiveness and living standards, which informs trade, investment, and policy decisions by international organizations, investors, and analysts.
Q: How is this data collected or calculated?
A: The data is calculated based on national accounts and consumer price data collected by the Tajikistan government.
Q: How is this trend used in economic policy?
A: Policymakers and economists use this indicator to assess Tajikistan's economic performance and living standards, which informs decisions related to trade, investment, and economic development policies.
Q: Are there update delays or limitations?
A: The data is published with a lag, and there may be limitations in data collection and reporting in some cases.
Related Trends
Price Level of GDP, G-K method for Armenia
PLOGDPAMA621NUPN
Price Level of GDP, G-K method for Sweden
PLOGDPSEA621NUPN
Price Level of Consumption for Democratic Republic of the Congo
PLOCONCDA622NUPN
Price Level of Consumption for Maldives
PLOCONMVA622NUPN
Price Level of GDP, average of GEKS-CPDW for Somalia
PL2GDPSOA621NUPN
Price Level of Investment for Liberia
PLOINVLRA624NUPN
Citation
U.S. Federal Reserve, Price Level of Consumption for Tajikistan (PLOCONTJA622NUPN), retrieved from FRED.