Price Level of Exports for Guinea-Bissau
PLXCPPGWA670NRUG • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
0.41
Year-over-Year Change
-34.00%
Date Range
1/1/1960 - 1/1/2019
Summary
The Price Level of Exports for Guinea-Bissau measures the relative price changes of exported goods from Guinea-Bissau. This metric is important for analyzing Guinea-Bissau's international trade competitiveness and terms of trade.
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 Guinea-Bissau tracks the changes in the average price level of all goods and services exported from Guinea-Bissau. This data series is used by economists and policymakers to evaluate Guinea-Bissau's export performance and the impact on the country's overall trade balance.
Methodology
The data is calculated based on national accounts and international trade statistics.
Historical Context
This metric provides context for Guinea-Bissau's export policies and trade relationships.
Key Facts
- Guinea-Bissau is a small West African country.
- Exports are an important part of Guinea-Bissau's economy.
- Tracking export prices helps monitor trade competitiveness.
FAQs
Q: What does this economic trend measure?
A: The Price Level of Exports for Guinea-Bissau measures the relative changes in the average price of goods and services exported from Guinea-Bissau.
Q: Why is this trend relevant for users or analysts?
A: This metric is relevant for analyzing Guinea-Bissau's export performance, trade competitiveness, and the overall impact on the country's trade balance.
Q: How is this data collected or calculated?
A: The data is calculated based on national accounts and international trade statistics.
Q: How is this trend used in economic policy?
A: This trend provides context for Guinea-Bissau's export policies and trade relationships with other countries.
Q: Are there update delays or limitations?
A: There may be delays in data reporting due to Guinea-Bissau's limited statistical capacity.
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Citation
U.S. Federal Reserve, Price Level of Exports for Guinea-Bissau (PLXCPPGWA670NRUG), retrieved from FRED.