National Accounts: GDP by Expenditure: Constant Prices: Private Final Consumption Expenditure for Norway
Index 2015=100, Annual
NAEXKP02NOA661S • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
110.92
Year-over-Year Change
26.67%
Date Range
1/1/1978 - 1/1/2022
Summary
The 'Index 2015=100, Annual' trend measures the annual change in real exports of goods and services, which is a key indicator of a country's international trade performance and economic growth.
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
This annual index tracks the volume of real exports of goods and services, excluding inflation effects, with 2015 as the base year. It is a widely used metric for evaluating a nation's export competitiveness and its integration into global supply chains.
Methodology
The data is calculated based on real values of exports from national accounts statistics.
Historical Context
Policymakers and economists monitor this indicator to assess the health of a country's external sector and make informed decisions about trade, exchange rate, and economic policies.
Key Facts
- The index is based on 2015 as the reference year with a value of 100.
- Real exports of goods and services are adjusted for inflation to measure volume changes.
- Trends in this index reflect a country's ability to sell its products in global markets.
FAQs
Q: What does this economic trend measure?
A: The 'Index 2015=100, Annual' measures the annual change in the volume of real exports of goods and services from a country.
Q: Why is this trend relevant for users or analysts?
A: This index is a key indicator of a country's international trade performance and competitiveness, providing insights into its economic growth and integration with the global economy.
Q: How is this data collected or calculated?
A: The data is calculated based on real values of exports from national accounts statistics.
Q: How is this trend used in economic policy?
A: Policymakers and economists monitor this indicator to assess the health of a country's external sector and make informed decisions about trade, exchange rate, and economic policies.
Q: Are there update delays or limitations?
A: The data is published annually, with occasional revisions to account for changes in statistical methodologies or trade patterns.
Related Trends
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Business Tendency Surveys: Rate of Capacity Utilisation: Economic Activity: Manufacturing: Current for Norway
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Infra-Annual Labor Statistics: Employment Female: From 15 to 24 Years for Norway
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Consumer Price Indices (CPIs, HICPs), COICOP 1999: Consumer Price Index: Total for Norway
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Remittance Inflows to GDP for Norway
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National Accounts: GDP by Expenditure: Current Prices: Gross Domestic Product: Total for Norway
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Citation
U.S. Federal Reserve, Index 2015=100, Annual (NAEXKP02NOA661S), retrieved from FRED.