Price Level of GDP, G-K method for Netherlands
PLOGDPNLA621NUPN • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
109.14
Year-over-Year Change
17.80%
Date Range
1/1/1950 - 1/1/2010
Summary
The Price Level of GDP, G-K method for Netherlands measures the relative purchasing power of the Dutch currency compared to the United States. This data is critical for assessing the international competitiveness of the Dutch economy.
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, G-K method measures the ratio of purchasing power parity (PPP) to the market exchange rate for the Netherlands. It represents the price level in the Netherlands relative to the United States, which is a key economic indicator for gauging trade and investment flows.
Methodology
The data is calculated by the OECD using the Geary-Khamis method to determine PPP between countries.
Historical Context
This metric is closely watched by policymakers, investors, and economists to evaluate the Netherlands' economic performance and international position.
Key Facts
- The Netherlands is a major exporter, with trade equivalent to over 150% of GDP.
- The price level in the Netherlands is approximately 90% of the U.S. level.
- The Netherlands has one of the highest standards of living in Europe.
FAQs
Q: What does this economic trend measure?
A: The Price Level of GDP, G-K method for Netherlands measures the relative purchasing power of the Dutch currency compared to the United States.
Q: Why is this trend relevant for users or analysts?
A: This data is critical for assessing the international competitiveness of the Dutch economy and evaluating trade and investment flows.
Q: How is this data collected or calculated?
A: The data is calculated by the OECD using the Geary-Khamis method to determine purchasing power parity between countries.
Q: How is this trend used in economic policy?
A: This metric is closely watched by policymakers, investors, and economists to evaluate the Netherlands' economic performance and international position.
Q: Are there update delays or limitations?
A: The data is published regularly by the OECD, but may have some delay in availability.
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Citation
U.S. Federal Reserve, Price Level of GDP, G-K method for Netherlands (PLOGDPNLA621NUPN), retrieved from FRED.