Price Level of Exports for Panama
PLXCPPPAA670NRUG • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
0.67
Year-over-Year Change
18.11%
Date Range
1/1/1950 - 1/1/2019
Summary
The Price Level of Exports for Panama measures the general price trend of Panamanian goods and services sold abroad. This indicator provides insight into the country's international trade competitiveness and export-driven economic growth.
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 Panama represents the relative price of Panamanian exports compared to a base year. It is a useful metric for analyzing the price competitiveness of Panama's exports in global markets and can help inform trade and economic policies.
Methodology
The data is calculated by the International Monetary Fund using price and trade flow information.
Historical Context
Economists and policymakers monitor this trend to assess Panama's trade position and the impact of factors like exchange rates, production costs, and international demand.
Key Facts
- Panama is a major exporter of services, including the Panama Canal.
- Export prices can impact a country's trade balance and economic growth.
- The Price Level of Exports reflects Panama's international price competitiveness.
FAQs
Q: What does this economic trend measure?
A: The Price Level of Exports for Panama measures the general price trend of Panamanian goods and services sold in international markets.
Q: Why is this trend relevant for users or analysts?
A: This trend provides insight into Panama's export competitiveness and can help inform trade and economic policies.
Q: How is this data collected or calculated?
A: The data is calculated by the International Monetary Fund using price and trade flow information.
Q: How is this trend used in economic policy?
A: Economists and policymakers monitor this trend to assess Panama's trade position and the impact of factors like exchange rates, production costs, and international demand.
Q: Are there update delays or limitations?
A: The data may have update delays due to the time required to collect and analyze the underlying trade and pricing information.
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Citation
U.S. Federal Reserve, Price Level of Exports for Panama (PLXCPPPAA670NRUG), retrieved from FRED.