Price Level of Exports for Slovenia
PLXCPPSIA670NRUG • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
0.67
Year-over-Year Change
6.90%
Date Range
1/1/1990 - 1/1/2019
Summary
The Price Level of Exports for Slovenia measures the price competitiveness of Slovenian exports relative to the rest of the world. It is an important indicator for policymakers and analysts monitoring Slovenia's trade dynamics and external 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 Slovenia tracks the ratio of Slovenia's export prices to a weighted average of trading partner prices, using a common currency. It provides insight into Slovenia's export price competitiveness and ability to maintain market share in international trade.
Methodology
The data is calculated by the OECD using price and exchange rate information.
Historical Context
Economists and policymakers use this metric to assess Slovenia's trade performance and overall economic health.
Key Facts
- Slovenia is a small, open economy heavily reliant on exports.
- The Price Level of Exports is indexed to the OECD average of 100.
- Higher values indicate stronger price competitiveness for Slovenian exports.
FAQs
Q: What does this economic trend measure?
A: The Price Level of Exports for Slovenia measures the price competitiveness of Slovenian exports relative to Slovenia's trading partners.
Q: Why is this trend relevant for users or analysts?
A: This metric provides insight into Slovenia's export price competitiveness, which is crucial for maintaining market share and trade performance.
Q: How is this data collected or calculated?
A: The data is calculated by the OECD using price and exchange rate information.
Q: How is this trend used in economic policy?
A: Economists and policymakers use this metric to assess Slovenia's trade dynamics and overall economic health.
Q: Are there update delays or limitations?
A: The data is published by the OECD on a regular basis, but may be subject to revision and update delays.
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Citation
U.S. Federal Reserve, Price Level of Exports for Slovenia (PLXCPPSIA670NRUG), retrieved from FRED.