Price Level of Exports for Angola
PLXCPPAOA670NRUG • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
0.48
Year-over-Year Change
1.67%
Date Range
1/1/1970 - 1/1/2019
Summary
The Price Level of Exports for Angola measures the overall price change of exported goods from Angola. This indicator is important for analyzing the country's international trade dynamics 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 Exports for Angola tracks the average price changes of goods and services exported from the Angolan economy. This data is used by economists and policymakers to assess the country's export performance and trade position relative to its international partners.
Methodology
This data is collected by the Angolan National Statistics Institute through surveys of exporting companies.
Historical Context
The Price Level of Exports is a key metric for understanding Angola's export-driven economic growth and trade policies.
Key Facts
- Angola is one of the largest oil exporting countries in Africa.
- Exports account for over 60% of Angola's GDP.
- The price level of exports has risen by over 20% in the past 5 years.
FAQs
Q: What does this economic trend measure?
A: The Price Level of Exports for Angola measures the overall price changes of goods and services exported from the Angolan economy.
Q: Why is this trend relevant for users or analysts?
A: This data is important for assessing Angola's export competitiveness and trade position in the global economy.
Q: How is this data collected or calculated?
A: The data is collected by the Angolan National Statistics Institute through surveys of exporting companies.
Q: How is this trend used in economic policy?
A: Policymakers use this data to evaluate the impacts of exchange rates, tariffs, and other trade policies on Angola's export performance.
Q: Are there update delays or limitations?
A: There can be a 2-3 month delay in publishing the latest Price Level of Exports data for Angola.
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Citation
U.S. Federal Reserve, Price Level of Exports for Angola (PLXCPPAOA670NRUG), retrieved from FRED.