Openness at constant prices for Netherlands
OPENRPNLA156NUPN • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
145.71
Year-over-Year Change
38.61%
Date Range
1/1/1950 - 1/1/2010
Summary
The 'Openness at constant prices for Netherlands' series measures the degree of international trade integration in the Dutch economy. It is an important indicator for economists and policymakers to understand the country's exposure to global economic conditions.
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 economic indicator represents the sum of exports and imports of goods and services measured at constant prices, divided by GDP. It provides insight into the Netherlands' level of international economic openness and integration with global trade flows.
Methodology
The data is calculated based on national account statistics reported by the Netherlands' Central Bureau of Statistics.
Historical Context
Policymakers and analysts use this openness metric to gauge the Netherlands' sensitivity to external economic shocks and shifts in international trade patterns.
Key Facts
- The Netherlands has one of the most open economies in the world.
- Trade accounts for over 150% of Dutch GDP.
- The Netherlands is a major global logistics and distribution hub.
FAQs
Q: What does this economic trend measure?
A: This series measures the degree of international trade integration in the Dutch economy by calculating the ratio of exports and imports to GDP at constant prices.
Q: Why is this trend relevant for users or analysts?
A: The openness indicator provides insight into the Netherlands' exposure to global economic conditions and sensitivity to external shocks, which is crucial for policymakers and market analysts.
Q: How is this data collected or calculated?
A: The data is calculated based on national account statistics reported by the Netherlands' Central Bureau of Statistics.
Q: How is this trend used in economic policy?
A: Policymakers and analysts use this openness metric to gauge the Netherlands' vulnerability to shifts in international trade patterns and to inform policy decisions.
Q: Are there update delays or limitations?
A: The data is published with a lag, and may be subject to revisions as more complete information becomes available.
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Citation
U.S. Federal Reserve, Openness at constant prices for Netherlands (OPENRPNLA156NUPN), retrieved from FRED.