Price Level of Exports for Thailand
PLXCPPTHA670NRUG • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
0.73
Year-over-Year Change
17.26%
Date Range
1/1/1950 - 1/1/2019
Summary
The Price Level of Exports for Thailand index measures changes in the overall prices of goods and services exported from Thailand. This data provides insight into Thailand's international trade competitiveness and economic conditions.
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 Thailand is an index that tracks the overall price changes of goods and services exported from Thailand. It is used by economists and policymakers to assess Thailand's export competitiveness and the impacts of exchange rate movements, trade policies, and global demand.
Methodology
The data is calculated by the International Monetary Fund using price information collected from export transactions.
Historical Context
This index is monitored by the Thai government, central bank, and trade organizations to inform export promotion strategies and macroeconomic policies.
Key Facts
- Thailand is one of the world's largest exporters of manufactured goods.
- Exports account for over 60% of Thailand's GDP.
- The export price index is a key indicator of Thailand's international trade performance.
FAQs
Q: What does this economic trend measure?
A: The Price Level of Exports for Thailand index measures the overall changes in prices of goods and services exported from Thailand.
Q: Why is this trend relevant for users or analysts?
A: This index provides insight into Thailand's export competitiveness and the impacts of exchange rates, trade policies, and global demand on the Thai economy.
Q: How is this data collected or calculated?
A: The data is calculated by the International Monetary Fund using price information collected from export transactions.
Q: How is this trend used in economic policy?
A: The Thai government, central bank, and trade organizations monitor this index to inform export promotion strategies and macroeconomic policies.
Q: Are there update delays or limitations?
A: The data is published with a lag, and may be subject to revisions by the IMF.
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Citation
U.S. Federal Reserve, Price Level of Exports for Thailand (PLXCPPTHA670NRUG), retrieved from FRED.