Price Level of Exports for Botswana
PLXCPPBWA670NRUG • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
0.69
Year-over-Year Change
12.51%
Date Range
1/1/1960 - 1/1/2019
Summary
The Price Level of Exports for Botswana measures the average domestic price of goods and services exported from Botswana, providing insight into the country's export 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
This index tracks the price level of Botswana's exports, which is an important indicator of the country's global trade position and economic performance. Economists and policymakers use this data to analyze Botswana's export competitiveness and inform trade and exchange rate policies.
Methodology
The data is calculated by the International Monetary Fund based on reported export values and volumes.
Historical Context
The Price Level of Exports for Botswana is a key metric for understanding the country's macroeconomic conditions and trade dynamics.
Key Facts
- Botswana is a major exporter of diamonds, copper, and beef.
- The Price Level of Exports index uses 2010 as the base year.
- Botswana's exports account for over 40% of its GDP.
FAQs
Q: What does this economic trend measure?
A: The Price Level of Exports for Botswana measures the average domestic price of goods and services exported from Botswana, providing insight into the country's export competitiveness.
Q: Why is this trend relevant for users or analysts?
A: This index is relevant for understanding Botswana's global trade position and economic performance, as it reflects the country's export competitiveness.
Q: How is this data collected or calculated?
A: The data is calculated by the International Monetary Fund based on reported export values and volumes.
Q: How is this trend used in economic policy?
A: Economists and policymakers use this data to analyze Botswana's export competitiveness and inform trade and exchange rate policies.
Q: Are there update delays or limitations?
A: The Price Level of Exports for Botswana is updated regularly by the International Monetary Fund, but there may be some delay in the availability of the latest data.
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Citation
U.S. Federal Reserve, Price Level of Exports for Botswana (PLXCPPBWA670NRUG), retrieved from FRED.