Price Level of Exports for Estonia
PLXCPPEEA670NRUG • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
0.66
Year-over-Year Change
7.62%
Date Range
1/1/1990 - 1/1/2019
Summary
The Price Level of Exports for Estonia measures changes in the prices of goods and services exported from Estonia. This indicator provides insights into the competitiveness of Estonian exports in international markets.
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 Estonia is an index that tracks the evolution of export prices over time. It is used by economists and policymakers to analyze the price-based competitiveness of Estonian exports compared to other countries.
Methodology
The data is collected and calculated by the Organisation for Economic Co-operation and Development (OECD).
Historical Context
This trend is relevant for understanding Estonia's trade position and its ability to maintain a competitive export sector.
Key Facts
- Estonia is a major exporter of machinery, electrical equipment, and wood products.
- The Price Level of Exports index is based on 2015 as the base year.
- Export prices have a significant impact on the overall trade balance and economic growth of Estonia.
FAQs
Q: What does this economic trend measure?
A: The Price Level of Exports for Estonia measures changes in the prices of goods and services exported from Estonia over time.
Q: Why is this trend relevant for users or analysts?
A: This trend provides insights into the price-based competitiveness of Estonian exports, which is crucial for understanding the country's trade position and economic performance.
Q: How is this data collected or calculated?
A: The data is collected and calculated by the Organisation for Economic Co-operation and Development (OECD).
Q: How is this trend used in economic policy?
A: Policymakers and economists use this trend to analyze Estonia's export competitiveness and inform trade and economic policies aimed at supporting the country's export sector.
Q: Are there update delays or limitations?
A: The data is updated periodically by the OECD, but there may be some delays in the availability of the latest figures.
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Citation
U.S. Federal Reserve, Price Level of Exports for Estonia (PLXCPPEEA670NRUG), retrieved from FRED.