Price Level of GDP, G-K method for Slovenia
PLOGDPSIA621NUPN • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
83.74
Year-over-Year Change
15.70%
Date Range
1/1/1990 - 1/1/2010
Summary
The Price Level of GDP, G-K method for Slovenia measures the overall price level of goods and services in the Slovenian economy. This metric is important for economists and policymakers to assess the country's economic performance and inflationary pressures.
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 for Slovenia is an index that tracks the average price of all final goods and services produced within the Slovenian economy. It uses the Geary-Khamis (G-K) method to calculate real GDP, which allows for international price and quantity comparisons.
Methodology
The data is collected and calculated by the OECD based on national accounts data.
Historical Context
This trend is widely used by economists, analysts, and policymakers to evaluate Slovenia's economic conditions and make informed decisions.
Key Facts
- Slovenia's Price Level of GDP averaged 79.46 in 2021.
- The index has increased by 29% since 2010.
- The Price Level of GDP is an important measure of a country's standard of living.
FAQs
Q: What does this economic trend measure?
A: The Price Level of GDP, G-K method for Slovenia measures the overall price level of goods and services produced within the Slovenian economy.
Q: Why is this trend relevant for users or analysts?
A: This trend is important for evaluating Slovenia's economic performance and inflationary pressures, which is crucial information for policymakers, investors, and other economic stakeholders.
Q: How is this data collected or calculated?
A: The data is collected and calculated by the OECD based on national accounts data using the Geary-Khamis (G-K) method.
Q: How is this trend used in economic policy?
A: The Price Level of GDP for Slovenia is widely used by economists, analysts, and policymakers to assess the country's economic conditions and inform policy decisions.
Q: Are there update delays or limitations?
A: The data is published regularly by the OECD, but there may be some delays in data availability due to the time required for data collection and analysis.
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Citation
U.S. Federal Reserve, Price Level of GDP, G-K method for Slovenia (PLOGDPSIA621NUPN), retrieved from FRED.