Price Level of GDP, G-K method for Vanuatu
PLOGDPVUA621NUPN • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
42.12
Year-over-Year Change
37.02%
Date Range
1/1/1970 - 1/1/2010
Summary
The Price Level of GDP, G-K method for Vanuatu measures the overall price level of the nation's gross domestic product. This metric is important for economists and policymakers to assess Vanuatu's economic performance and 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, G-K method for Vanuatu is an index that represents the price level of the country's total output of goods and services. It is used to compare Vanuatu's purchasing power and cost of living relative to other economies.
Methodology
The data is calculated by the International Monetary Fund using the Geary-Khamis (G-K) method.
Historical Context
This trend is a key indicator for monitoring Vanuatu's macroeconomic conditions and informing fiscal and monetary policies.
Key Facts
- Vanuatu is a small island nation in the South Pacific.
- The price level index is set to 100 for the United States.
- The data is available quarterly since 1980.
FAQs
Q: What does this economic trend measure?
A: The Price Level of GDP, G-K method for Vanuatu measures the overall price level of the country's gross domestic product.
Q: Why is this trend relevant for users or analysts?
A: This metric is important for assessing Vanuatu's economic performance and competitiveness relative to other countries.
Q: How is this data collected or calculated?
A: The data is calculated by the International Monetary Fund using the Geary-Khamis (G-K) method.
Q: How is this trend used in economic policy?
A: This trend is a key indicator for monitoring Vanuatu's macroeconomic conditions and informing fiscal and monetary policies.
Q: Are there update delays or limitations?
A: The data is available quarterly since 1980.
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Citation
U.S. Federal Reserve, Price Level of GDP, G-K method for Vanuatu (PLOGDPVUA621NUPN), retrieved from FRED.