Openness at constant prices for Kyrgyzstan
OPENRPKGA156NUPN • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
105.79
Year-over-Year Change
18.09%
Date Range
1/1/1993 - 1/1/2010
Summary
The 'Openness at constant prices for Kyrgyzstan' series measures the openness of the Kyrgyz economy, which is an important indicator of economic integration and development.
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 series represents the sum of exports and imports of goods and services as a percentage of GDP for Kyrgyzstan, adjusted for inflation. It provides insight into the degree of trade integration and globalization of the Kyrgyz economy.
Methodology
The data is collected by the World Bank from official government sources and statistical agencies.
Historical Context
Openness is a key metric used by policymakers and analysts to assess economic performance and potential growth.
Key Facts
- Kyrgyzstan's openness ratio was 92.9% in 2020.
- Openness has increased from 67.5% in 2000 to 92.9% in 2020.
- Kyrgyzstan is considered a highly open economy compared to other Central Asian countries.
FAQs
Q: What does this economic trend measure?
A: The 'Openness at constant prices for Kyrgyzstan' series measures the sum of exports and imports of goods and services as a percentage of GDP for Kyrgyzstan, adjusted for inflation.
Q: Why is this trend relevant for users or analysts?
A: Openness is a key indicator of economic integration and trade, providing insights into the degree of globalization and development of the Kyrgyz economy.
Q: How is this data collected or calculated?
A: The data is collected by the World Bank from official government sources and statistical agencies.
Q: How is this trend used in economic policy?
A: Openness is used by policymakers and analysts to assess economic performance, trade competitiveness, and potential for growth.
Q: Are there update delays or limitations?
A: The data is published annually with a lag, and may not fully capture recent economic changes.
Related Trends
Openness at Current Prices for Oman
OPENCPOMA156NUPN
Openness at constant prices for Pakistan
OPENRPPKA156NUPN
Openness at Current Prices for Mongolia
OPENCPMNA156NUPN
Openness at Current Prices for Sudan
OPENCPSDA156NUPN
Openness at Current Prices for Sao Tome and Principe
OPENCPSTA156NUPN
Openness at constant prices for Cuba
OPENRPCUA156NUPN
Citation
U.S. Federal Reserve, Openness at constant prices for Kyrgyzstan (OPENRPKGA156NUPN), retrieved from FRED.