Price Level of Exports for United Republic of Tanzania
PLXCPPTZA670NRUG • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
0.65
Year-over-Year Change
4.43%
Date Range
1/1/1960 - 1/1/2019
Summary
The Price Level of Exports for United Republic of Tanzania measures the changes in the overall price level of exported goods and services from Tanzania. This metric is important for economists and policymakers to assess the country's international trade 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 United Republic of Tanzania is an index that tracks the average prices of goods and services exported from Tanzania to other countries. It provides insight into the country's export pricing trends, which can influence its trade balance, exchange rates, and overall economic performance.
Methodology
The data is calculated by the U.S. Federal Reserve based on information from national statistical agencies.
Historical Context
Policymakers and market analysts use this index to evaluate Tanzania's export price dynamics and trade positioning.
Key Facts
- The base year for the index is 2012 = 100.
- Tanzania is a major exporter of agricultural products, precious metals, and tourism services.
- Export prices can impact a country's trade balance and foreign exchange rates.
FAQs
Q: What does this economic trend measure?
A: The Price Level of Exports for United Republic of Tanzania measures the average prices of goods and services exported from Tanzania to other countries.
Q: Why is this trend relevant for users or analysts?
A: This index provides insights into Tanzania's export pricing trends, which can influence its trade balance, exchange rates, and overall economic performance.
Q: How is this data collected or calculated?
A: The data is calculated by the U.S. Federal Reserve based on information from national statistical agencies.
Q: How is this trend used in economic policy?
A: Policymakers and market analysts use this index to evaluate Tanzania's export price dynamics and trade positioning.
Q: Are there update delays or limitations?
A: The data is published with a lag, and may not capture the most recent changes in Tanzania's export prices.
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Citation
U.S. Federal Reserve, Price Level of Exports for United Republic of Tanzania (PLXCPPTZA670NRUG), retrieved from FRED.