Price Level of Exports for Malawi
PLXCPPMWA670NRUG • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
0.62
Year-over-Year Change
-4.04%
Date Range
1/1/1954 - 1/1/2019
Summary
The Price Level of Exports for Malawi measures the average cost of Malawian goods and services sold internationally. It is a key indicator of the country's global competitiveness and trade performance.
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 Malawi's exported products over time, providing insight into the country's export cost structure and international market positioning. Economists and policymakers use this data to analyze Malawi's trade dynamics and make informed decisions on economic and trade policies.
Methodology
The data is calculated by the International Monetary Fund based on Malawi's export price statistics.
Historical Context
The Price Level of Exports is used by analysts to assess Malawi's export competitiveness and the impact of economic factors on the country's international trade.
Key Facts
- Malawi is a landlocked country in southeastern Africa.
- Exports account for around 25% of Malawi's GDP.
- Agriculture is the backbone of Malawi's export economy.
FAQs
Q: What does this economic trend measure?
A: The Price Level of Exports for Malawi measures the average cost of Malawian goods and services sold internationally, providing insight into the country's export price dynamics.
Q: Why is this trend relevant for users or analysts?
A: This trend is important for understanding Malawi's export competitiveness and trade performance, which are crucial factors for the country's economic growth and development.
Q: How is this data collected or calculated?
A: The data is calculated by the International Monetary Fund based on Malawi's export price statistics.
Q: How is this trend used in economic policy?
A: Economists and policymakers use this data to analyze Malawi's trade dynamics and make informed decisions on economic and trade policies to enhance the country's international competitiveness.
Q: Are there update delays or limitations?
A: The data is published by the International Monetary Fund, and update delays may occur due to the time required for data collection and reporting.
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Citation
U.S. Federal Reserve, Price Level of Exports for Malawi (PLXCPPMWA670NRUG), retrieved from FRED.