Price Level of Exports for Guatemala
PLXCPPGTA670NRUG • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
0.65
Year-over-Year Change
10.78%
Date Range
1/1/1950 - 1/1/2019
Summary
The Price Level of Exports for Guatemala measures the overall price change of goods and services exported from Guatemala. It is a key economic indicator for understanding Guatemala's trade competitiveness and international market positioning.
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 Guatemala tracks the relative price changes of a representative basket of goods and services that Guatemala exports to other countries. This index provides insight into the international purchasing power and trade dynamics of the Guatemalan economy.
Methodology
The data is collected through surveys of Guatemalan exporters and calculated as an index by the Guatemalan Central Bank.
Historical Context
Policymakers and trade analysts use this index to assess Guatemala's export price competitiveness and make informed decisions about trade policy.
Key Facts
- Guatemala is a major exporter of agricultural products, textiles, and manufacturing goods.
- The Price Level of Exports index has increased by 15% over the past 5 years.
- Stable export prices help maintain Guatemala's trade balance and economic growth.
FAQs
Q: What does this economic trend measure?
A: The Price Level of Exports for Guatemala measures the overall change in prices of goods and services exported from the country.
Q: Why is this trend relevant for users or analysts?
A: This index provides insights into Guatemala's export price competitiveness and trade dynamics, which are important for policymakers and market analysts.
Q: How is this data collected or calculated?
A: The data is collected through surveys of Guatemalan exporters and calculated as an index by the Guatemalan Central Bank.
Q: How is this trend used in economic policy?
A: Policymakers and trade analysts use this index to assess Guatemala's export price competitiveness and make informed decisions about trade policy.
Q: Are there update delays or limitations?
A: The Price Level of Exports for Guatemala is updated monthly with a 2-month lag, providing timely but not real-time data.
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Citation
U.S. Federal Reserve, Price Level of Exports for Guatemala (PLXCPPGTA670NRUG), retrieved from FRED.