National Accounts: GDP by Expenditure: Constant Prices: Gross Domestic Product: Total for Japan
Index 2015=100, Quarterly
NAEXKP01JPQ661S • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
103.75
Year-over-Year Change
5.30%
Date Range
1/1/1994 - 7/1/2023
Summary
The Index 2015=100, Quarterly trend measures Japan's nominal effective exchange rate, a gauge of the country's international competitiveness. This metric is closely watched by economists and policymakers to assess the impact of exchange rate movements on exports, imports, and the overall health of the Japanese economy.
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 nominal effective exchange rate (NEER) is an index that tracks the strength of a country's currency relative to a basket of its major trading partners' currencies, weighted by the importance of trade. This index provides insight into Japan's trade position and can inform decisions around monetary and trade policies.
Methodology
The data is calculated by the U.S. Federal Reserve based on exchange rate and trade data.
Historical Context
The NEER index is used by economists, investors, and policymakers to analyze Japan's economic performance and competitiveness in global markets.
Key Facts
- The base year for the index is 2015.
- The index is calculated on a quarterly basis.
- A higher index value indicates a stronger Japanese yen.
FAQs
Q: What does this economic trend measure?
A: The Index 2015=100, Quarterly trend measures Japan's nominal effective exchange rate, which tracks the strength of the yen relative to a basket of its major trading partners' currencies.
Q: Why is this trend relevant for users or analysts?
A: The nominal effective exchange rate is a key indicator of Japan's international competitiveness and can inform decisions around monetary and trade policies.
Q: How is this data collected or calculated?
A: The data is calculated by the U.S. Federal Reserve based on exchange rate and trade data.
Q: How is this trend used in economic policy?
A: The NEER index is used by economists, investors, and policymakers to analyze Japan's economic performance and competitiveness in global markets.
Q: Are there update delays or limitations?
A: The data is published on a quarterly basis with no known update delays or limitations.
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Citation
U.S. Federal Reserve, Index 2015=100, Quarterly (NAEXKP01JPQ661S), retrieved from FRED.