National Accounts: GDP by Expenditure: Constant Prices: Gross Domestic Product - Total for G20
Index 2010=100
G20NAEXKP01IXOBSAQ • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
129.17
Year-over-Year Change
11.00%
Date Range
1/1/1998 - 10/1/2017
Summary
The Index 2010=100 measures the nominal effective exchange rate, which tracks the value of a currency against a basket of other currencies, adjusted for inflation. This metric is important for economists and policymakers to assess a country's trade competitiveness and international purchasing power.
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 Index 2010=100 is a weighted average of exchange rates between a country and its major trading partners. It is used to evaluate the strength of a currency relative to other global currencies, providing insight into trade imbalances and the domestic impact of exchange rate fluctuations.
Methodology
The data is collected by the Federal Reserve and calculated based on exchange rates and inflation rates across multiple countries.
Historical Context
Central banks and trade analysts closely monitor this index to inform monetary and trade policies.
Key Facts
- The base year for the Index 2010=100 is 2010.
- A higher index value indicates a stronger domestic currency relative to trading partners.
- The index is calculated as a weighted geometric average of bilateral exchange rates.
FAQs
Q: What does this economic trend measure?
A: The Index 2010=100 measures the nominal effective exchange rate, which tracks the value of a currency against a basket of other currencies, adjusted for inflation.
Q: Why is this trend relevant for users or analysts?
A: This metric provides insight into a country's trade competitiveness and international purchasing power, making it important for economists and policymakers.
Q: How is this data collected or calculated?
A: The data is collected by the Federal Reserve and calculated based on exchange rates and inflation rates across multiple countries.
Q: How is this trend used in economic policy?
A: Central banks and trade analysts closely monitor this index to inform monetary and trade policies.
Q: Are there update delays or limitations?
A: The Federal Reserve provides timely updates of the Index 2010=100, with no known significant delays or limitations.
Related Trends
International Trade: Exports: Value (goods): Total for G20
G20XTEXVA01STSAQ
Balance of payments BPM6: Financial account: Direct investment: Direct investment Net acquisition of financial assets for G20
G20B6FADI02CXCUQ
Balance of payments BPM6: Current account Debits: Secondary income: Total Debits for G20
G20B6DBSI01CXCUQ
International Merchandise Trade Statistics: Trade Balance: Commodities for G20
G20XTNTVA01CXMLM
Balance of payments BPM6: Current account Balance: Total: Total Balance as % of GDP for G20
G20B6BLTT02STSAQ
Balance of payments BPM6: Financial account: Financial account Net acquisition of financial assets: Total for G20
G20B6FATC01CXCUQ
Citation
U.S. Federal Reserve, Index 2010=100 (G20NAEXKP01IXOBSAQ), retrieved from FRED.