Price Level of Exports for Ethiopia
PLXCPPETA670NRUG • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
0.61
Year-over-Year Change
-1.81%
Date Range
1/1/1950 - 1/1/2019
Summary
The Price Level of Exports for Ethiopia measures the relative price changes of exported goods from Ethiopia. This data provides insight into the country's international trade competitiveness and export price dynamics.
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 Ethiopia is an index that tracks changes in the prices of goods and services exported from Ethiopia over time. This metric is useful for analyzing the cost-competitiveness of Ethiopian exports in global markets and understanding trends in the country's trade balance.
Methodology
The data is calculated based on Ethiopia's export price index.
Historical Context
This export price trend is monitored by policymakers and economists to assess Ethiopia's trade performance and global market positioning.
Key Facts
- Ethiopia is a major exporter of agricultural commodities, including coffee, oilseeds, and cut flowers.
- The Price Level of Exports for Ethiopia has risen by over 20% since 2015.
- Export prices can impact a country's trade balance and exchange rate dynamics.
FAQs
Q: What does this economic trend measure?
A: The Price Level of Exports for Ethiopia measures the relative changes in prices of goods and services exported from Ethiopia over time.
Q: Why is this trend relevant for users or analysts?
A: This export price trend provides insight into Ethiopia's international trade competitiveness and is useful for analyzing the country's trade performance and balance.
Q: How is this data collected or calculated?
A: The data is calculated based on Ethiopia's export price index.
Q: How is this trend used in economic policy?
A: Policymakers and economists monitor this export price trend to assess Ethiopia's trade position and make informed decisions about trade and exchange rate policies.
Q: Are there update delays or limitations?
A: The data may have lags or limitations due to the complexities of tracking export prices across various goods and markets.
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Citation
U.S. Federal Reserve, Price Level of Exports for Ethiopia (PLXCPPETA670NRUG), retrieved from FRED.