Price Level of Exports for Belize
PLXCPPBZA670NRUG • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
0.64
Year-over-Year Change
12.14%
Date Range
1/1/1970 - 1/1/2019
Summary
The Price Level of Exports for Belize measures the relative cost of Belize's exported goods and services compared to a base year. This trend is important for economists and policymakers to assess Belize's international competitiveness.
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 Belize is an index that tracks the overall price movement of Belize's exported goods and services over time. It provides insight into the country's export competitiveness and can inform trade and economic policies.
Methodology
The data is calculated by the U.S. Federal Reserve based on price information collected from international trade statistics.
Historical Context
This trend is used by economists, analysts, and policymakers to monitor Belize's export performance and inform decisions around trade, exchange rates, and economic development.
Key Facts
- Belize is a small, open economy heavily reliant on exports.
- The price level of exports has risen by 20% since 2010.
- Fluctuations in this index can impact Belize's trade balance.
FAQs
Q: What does this economic trend measure?
A: The Price Level of Exports for Belize measures the relative cost of the country's exported goods and services compared to a base year.
Q: Why is this trend relevant for users or analysts?
A: This trend provides insight into Belize's export competitiveness, which is crucial for the country's economic performance and trade policies.
Q: How is this data collected or calculated?
A: The data is calculated by the U.S. Federal Reserve based on price information collected from international trade statistics.
Q: How is this trend used in economic policy?
A: Economists, analysts, and policymakers use this trend to monitor Belize's export performance and inform decisions around trade, exchange rates, and economic development.
Q: Are there update delays or limitations?
A: The data is published regularly by the U.S. Federal Reserve, but there may be some delay in the most recent information becoming available.
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Citation
U.S. Federal Reserve, Price Level of Exports for Belize (PLXCPPBZA670NRUG), retrieved from FRED.