Price Level of Exports for Gabon
PLXCPPGAA670NRUG • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
0.53
Year-over-Year Change
7.01%
Date Range
1/1/1960 - 1/1/2019
Summary
The Price Level of Exports for Gabon measures the relative price changes of goods and services exported from Gabon over time. It is a key indicator of Gabon's export competitiveness and trade dynamics.
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 Gabon is an index that tracks the changes in the prices of goods and services exported from Gabon. It is used to assess the country's export competitiveness and can provide insights into Gabon's trade relationships and the factors influencing its export performance.
Methodology
The data is collected and calculated by the U.S. Federal Reserve based on Gabon's export price information.
Historical Context
This trend is monitored by policymakers, economists, and international trade analysts to understand Gabon's export dynamics and competitiveness in global markets.
Key Facts
- Gabon is a major exporter of crude oil, timber, and minerals.
- The Price Level of Exports for Gabon has fluctuated significantly over the past decade.
- Export prices are a crucial factor in Gabon's trade balance and economic growth.
FAQs
Q: What does this economic trend measure?
A: The Price Level of Exports for Gabon measures the relative changes in the prices of goods and services exported from Gabon over time.
Q: Why is this trend relevant for users or analysts?
A: This trend is relevant for understanding Gabon's export competitiveness and trade dynamics, which are crucial factors for the country's economic performance and policy decisions.
Q: How is this data collected or calculated?
A: The data is collected and calculated by the U.S. Federal Reserve based on Gabon's export price information.
Q: How is this trend used in economic policy?
A: Policymakers, economists, and international trade analysts monitor this trend to assess Gabon's export competitiveness and inform decisions related to trade policies, exchange rate management, and economic development strategies.
Q: Are there update delays or limitations?
A: The Price Level of Exports for Gabon data is subject to the availability and timeliness of Gabon's export price information, which may result in occasional update delays or data limitations.
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Citation
U.S. Federal Reserve, Price Level of Exports for Gabon (PLXCPPGAA670NRUG), retrieved from FRED.