Price Level of Exports for Bulgaria
PLXCPPBGA670NRUG • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
0.67
Year-over-Year Change
12.90%
Date Range
1/1/1970 - 1/1/2019
Summary
The Price Level of Exports for Bulgaria measures the change in prices of goods and services exported from Bulgaria. This indicator is important for analyzing the country's international trade competitiveness and the impact of exchange rate movements.
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 Price Level of Exports for Bulgaria is an index that tracks the average change in prices of all products and services exported from Bulgaria. This metric is useful for assessing the overall cost-competitiveness of Bulgaria's exports in global markets.
Methodology
The data is collected through surveys of exporting firms and compiled by the Bulgarian National Statistical Institute.
Historical Context
Policymakers and trade analysts use this index to monitor Bulgaria's export performance and make informed decisions about trade and exchange rate policies.
Key Facts
- The base year for the Price Level of Exports index is 2015.
- Bulgaria is a member of the European Union and uses the Euro as its currency.
- Exports account for approximately 65% of Bulgaria's GDP.
FAQs
Q: What does this economic trend measure?
A: The Price Level of Exports for Bulgaria measures the change in prices of goods and services exported from the country. It is an index that tracks the overall cost-competitiveness of Bulgaria's exports.
Q: Why is this trend relevant for users or analysts?
A: This indicator is important for analyzing Bulgaria's international trade performance and the impact of exchange rate movements on the country's export competitiveness.
Q: How is this data collected or calculated?
A: The data is collected through surveys of exporting firms and compiled by the Bulgarian National Statistical Institute.
Q: How is this trend used in economic policy?
A: Policymakers and trade analysts use this index to monitor Bulgaria's export performance and make informed decisions about trade and exchange rate policies.
Q: Are there update delays or limitations?
A: The data is typically published with a lag of several months, and the index may not capture all aspects of Bulgaria's export dynamics.
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Citation
U.S. Federal Reserve, Price Level of Exports for Bulgaria (PLXCPPBGA670NRUG), retrieved from FRED.