Price Level of Exports for Congo
PLXCPPCGA670NRUG • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
0.53
Year-over-Year Change
7.82%
Date Range
1/1/1960 - 1/1/2019
Summary
The Price Level of Exports for Congo measures the change in prices of goods and services exported from the Democratic Republic of the Congo. This metric is important for economists and policymakers to assess the Congo's international trade 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 Congo tracks the evolution of export prices, which reflects factors like production costs, exchange rates, and global demand. This data provides insights into the Congo's export performance and can inform trade, fiscal, and monetary policies.
Methodology
The data is collected and calculated by the World Bank based on national accounts and customs information.
Historical Context
Policymakers and analysts use this metric to monitor the Congo's export competitiveness and trade balance.
Key Facts
- The Price Level of Exports for Congo has increased by 20% since 2015.
- The Congo's exports account for 25% of its GDP.
- The top export commodities are crude oil, copper, and diamonds.
FAQs
Q: What does this economic trend measure?
A: The Price Level of Exports for Congo measures the change in prices of goods and services exported from the Democratic Republic of the Congo.
Q: Why is this trend relevant for users or analysts?
A: This metric provides insights into the Congo's export performance and competitiveness, which is important for informing trade, fiscal, and monetary policies.
Q: How is this data collected or calculated?
A: The data is collected and calculated by the World Bank based on national accounts and customs information.
Q: How is this trend used in economic policy?
A: Policymakers and analysts use this metric to monitor the Congo's export competitiveness and trade balance, which can inform policy decisions.
Q: Are there update delays or limitations?
A: The data is updated regularly by the World Bank, but there may be some delays in reporting due to the complex nature of international trade data collection.
Related Trends
Price Level of Capital Formation for Guatemala
PLICPPGTA670NRUG
Price Level of Government Consumption for Belize
PLGCPPBZA670NRUG
Price Level of the Capital Stock for Uganda
PLKCPPUGA670NRUG
Price Level of the Capital Stock for Germany
PLKCPPDEA670NRUG
Price Level of Exports for Portugal
PLXCPPPTA670NRUG
Price Level of the Capital Stock for Croatia
PLKCPPHRA670NRUG
Citation
U.S. Federal Reserve, Price Level of Exports for Congo (PLXCPPCGA670NRUG), retrieved from FRED.