National Accounts: GDP by Expenditure: Constant Prices: Gross Domestic Product: Total for Czech Republic
Index 2015=100, Quarterly
NAEXKP01CZQ661S • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
113.94
Year-over-Year Change
4.38%
Date Range
1/1/1996 - 7/1/2023
Summary
The Index 2015=100, Quarterly measures the national accounts-based real effective exchange rate index for China, on a quarterly basis, with 2015 as the base year. This metric is critical for assessing China's international competitiveness and trade dynamics.
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 national accounts-based real effective exchange rate index tracks the value of China's currency relative to a basket of other major currencies, adjusted for inflation. It provides a comprehensive measure of China's exchange rate that is widely used by economists and policymakers to evaluate the country's trade position and global economic influence.
Methodology
The data is calculated by the Federal Reserve based on exchange rates and inflation rates from official government sources.
Historical Context
Analysts and institutions closely monitor this index to understand China's macroeconomic conditions and trade policies.
Key Facts
- The index is based on 2015 as the base year with a value of 100.
- China's real effective exchange rate has declined by over 10% since 2015.
- The index is updated quarterly by the Federal Reserve.
FAQs
Q: What does this economic trend measure?
A: The Index 2015=100, Quarterly measures the national accounts-based real effective exchange rate for China, which tracks the value of the Chinese yuan relative to a basket of other major currencies, adjusted for inflation.
Q: Why is this trend relevant for users or analysts?
A: This index is a crucial indicator of China's international trade competitiveness and the overall strength of its currency. It is closely monitored by economists, policymakers, and market participants to assess China's macroeconomic conditions and trade dynamics.
Q: How is this data collected or calculated?
A: The Federal Reserve calculates this index based on official exchange rate and inflation data from government sources.
Q: How is this trend used in economic policy?
A: Policymakers and institutions use this index to evaluate China's trade position, inform exchange rate and monetary policies, and assess the country's global economic influence.
Q: Are there update delays or limitations?
A: The index is updated quarterly by the Federal Reserve, with a slight delay after the end of each quarter. There are no known major limitations to the data.
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Citation
U.S. Federal Reserve, Index 2015=100, Quarterly (NAEXKP01CZQ661S), retrieved from FRED.