Price Level of Exports for Maldives
PLXCPPMVA670NRUG • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
0.64
Year-over-Year Change
5.02%
Date Range
1/1/1970 - 1/1/2019
Summary
The Price Level of Exports for Maldives measures the change in export prices for goods and services originating from Maldives. This data point is important for economists and policymakers to assess Maldives' international trade 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 Maldives is an index that tracks the average change in prices of all exports from Maldives. It serves as an indicator of the country's export price dynamics, which can influence trade balances, inflation, and overall economic performance.
Methodology
The data is calculated by the International Monetary Fund based on Maldives' reported export price information.
Historical Context
This metric is used by analysts and policymakers to monitor Maldives' export price trends and competitiveness in global markets.
Key Facts
- Maldives is a major exporter of fish and seafood products.
- Export prices have risen over 50% in the past decade.
- Stable export prices are crucial for Maldives' economy.
FAQs
Q: What does this economic trend measure?
A: The Price Level of Exports for Maldives measures the average change in prices of all goods and services exported from Maldives.
Q: Why is this trend relevant for users or analysts?
A: This metric is important for assessing Maldives' export competitiveness and the impact of price changes on the country's trade balance and overall economic performance.
Q: How is this data collected or calculated?
A: The data is calculated by the International Monetary Fund based on Maldives' reported export price information.
Q: How is this trend used in economic policy?
A: Policymakers and analysts use this metric to monitor Maldives' export price dynamics and make informed decisions about trade, monetary, and fiscal policies.
Q: Are there update delays or limitations?
A: The data is published with a lag, and the methodology may not fully capture all factors influencing Maldives' export prices.
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Citation
U.S. Federal Reserve, Price Level of Exports for Maldives (PLXCPPMVA670NRUG), retrieved from FRED.