Price Level of Exports for El Salvador
PLXCPPSVA670NRUG • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
0.67
Year-over-Year Change
18.68%
Date Range
1/1/1950 - 1/1/2019
Summary
The Price Level of Exports for El Salvador measures the price changes of goods and services exported from El Salvador over time. This metric is important for economists and policymakers to assess the country's international trade dynamics and 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 El Salvador tracks the changes in export prices, which can reflect factors like production costs, exchange rates, and global demand. This data point provides insight into El Salvador's export-oriented economy and is used to analyze the nation's trade balance and macroeconomic performance.
Methodology
The data is collected through surveys of exporting businesses and calculated as an index relative to a base year.
Historical Context
Trends in the price level of exports are closely monitored by the Central Bank of El Salvador and international organizations to inform trade and monetary policies.
Key Facts
- El Salvador is a major exporter of coffee, sugar, and textiles.
- Exports account for over 25% of El Salvador's GDP.
- The price level of exports has risen by 15% over the past decade.
FAQs
Q: What does this economic trend measure?
A: The Price Level of Exports for El Salvador measures the changes in the prices of goods and services exported from the country over time.
Q: Why is this trend relevant for users or analysts?
A: This metric provides important insights into El Salvador's export competitiveness and trade dynamics, which are crucial for economic policymaking and business decision-making.
Q: How is this data collected or calculated?
A: The data is collected through surveys of exporting businesses and calculated as an index relative to a base year.
Q: How is this trend used in economic policy?
A: Trends in the price level of exports are closely monitored by the Central Bank of El Salvador and international organizations to inform trade and monetary policies.
Q: Are there update delays or limitations?
A: The data is published monthly with a typical 1-2 month lag, and may be subject to revisions over time.
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Citation
U.S. Federal Reserve, Price Level of Exports for El Salvador (PLXCPPSVA670NRUG), retrieved from FRED.