Price Level of Exports for Turkmenistan
PLXCPPTMA670NRUG • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
0.66
Year-over-Year Change
19.23%
Date Range
1/1/1990 - 1/1/2019
Summary
The Price Level of Exports for Turkmenistan measures the price changes of goods and services exported from Turkmenistan. This indicator is crucial for understanding Turkmenistan's trade competitiveness and the broader economic trends affecting its export sector.
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 Turkmenistan tracks the changes in the prices of goods and services sold by Turkmenistan to other countries. It provides insights into the cost competitiveness of Turkmenistan's exports and can signal shifts in the country's trade dynamics and macroeconomic conditions.
Methodology
The data is collected and calculated by the International Monetary Fund (IMF) based on Turkmenistan's reported export values and volumes.
Historical Context
Policymakers and analysts use this trend to assess Turkmenistan's export performance and its implications for the broader economy.
Key Facts
- Turkmenistan is a major exporter of natural gas, crude oil, and petrochemicals.
- The Price Level of Exports trend helps track Turkmenistan's trade balance and exchange rate dynamics.
- Fluctuations in this index can signal changes in Turkmenistan's global competitiveness and economic diversification efforts.
FAQs
Q: What does this economic trend measure?
A: The Price Level of Exports for Turkmenistan measures the changes in the prices of goods and services exported from Turkmenistan to other countries.
Q: Why is this trend relevant for users or analysts?
A: This trend provides insights into Turkmenistan's export competitiveness and can signal broader macroeconomic and trade-related developments in the country.
Q: How is this data collected or calculated?
A: The data is collected and calculated by the International Monetary Fund (IMF) based on Turkmenistan's reported export values and volumes.
Q: How is this trend used in economic policy?
A: Policymakers and analysts use this trend to assess Turkmenistan's export performance and its implications for the broader economy, including trade balance and exchange rate dynamics.
Q: Are there update delays or limitations?
A: The data may be subject to update delays and potential limitations in Turkmenistan's reporting of export statistics.
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Citation
U.S. Federal Reserve, Price Level of Exports for Turkmenistan (PLXCPPTMA670NRUG), retrieved from FRED.