Price Level of Exports for Chad
PLXCPPTDA670NRUG • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
0.50
Year-over-Year Change
5.91%
Date Range
1/1/1960 - 1/1/2019
Summary
The Price Level of Exports for Chad measures the change in export prices over time, providing insights into the competitiveness of Chadian exports in global markets.
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 economic indicator tracks the relative price changes of goods and services exported from Chad. It is a key measure of a country's external trade position and can inform policy decisions related to exchange rates, trade agreements, and export promotion strategies.
Methodology
The data is compiled by the World Bank using a variety of sources, including national statistical agencies and international trade databases.
Historical Context
Policymakers and analysts use this metric to assess Chad's trade dynamics and international economic competitiveness.
Key Facts
- Chad is a landlocked country in Central Africa.
- Exports account for a significant portion of Chad's GDP.
- The price level of exports can impact Chad's trade balance and economic growth.
FAQs
Q: What does this economic trend measure?
A: The Price Level of Exports for Chad measures the change in prices of goods and services exported from Chad over time.
Q: Why is this trend relevant for users or analysts?
A: This metric provides insights into the competitiveness of Chadian exports and can inform policy decisions related to trade, exchange rates, and export promotion.
Q: How is this data collected or calculated?
A: The data is compiled by the World Bank using a variety of sources, including national statistical agencies and international trade databases.
Q: How is this trend used in economic policy?
A: Policymakers and analysts use this metric to assess Chad's trade dynamics and international economic competitiveness, which can inform decisions on exchange rates, trade agreements, and export promotion strategies.
Q: Are there update delays or limitations?
A: The data may be subject to periodic updates and revisions by the World Bank, and there may be delays in reporting due to the complexity of international trade data collection.
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Citation
U.S. Federal Reserve, Price Level of Exports for Chad (PLXCPPTDA670NRUG), retrieved from FRED.