Real Residential Property Prices for Colombia
Index 2010=100
QCOR628BIS • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
133.69
Year-over-Year Change
-6.64%
Date Range
1/1/1988 - 1/1/2025
Summary
The Index 2010=100 measures the real effective exchange rate of the Chinese renminbi (RMB) against a broad basket of currencies, with a base year of 2010. This trend is closely watched by economists and policymakers to assess China's international 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 Index 2010=100 tracks the real value of the RMB relative to its trading partners, accounting for differences in inflation rates. It is a key indicator of China's trade position and can inform decisions around exchange rate policy and global economic integration.
Methodology
The data is calculated by the Bank for International Settlements using a trade-weighted index formula.
Historical Context
Policymakers and market analysts use this index to monitor China's exchange rate dynamics and their implications for the global economy.
Key Facts
- Base year is 2010.
- Tracks the RMB against a broad basket of currencies.
- Accounts for differences in inflation rates.
FAQs
Q: What does this economic trend measure?
A: The Index 2010=100 measures the real effective exchange rate of the Chinese renminbi (RMB) against a basket of trading partner currencies, with a base year of 2010.
Q: Why is this trend relevant for users or analysts?
A: This index is a key indicator of China's international trade competitiveness and is closely watched by economists and policymakers to assess the RMB's valuation and its implications for the global economy.
Q: How is this data collected or calculated?
A: The data is calculated by the Bank for International Settlements using a trade-weighted index formula.
Q: How is this trend used in economic policy?
A: Policymakers and market analysts use this index to monitor China's exchange rate dynamics and their implications for the global economy, informing decisions around exchange rate policy and trade.
Q: Are there update delays or limitations?
A: The index is updated regularly by the BIS, but there may be some delay in the data availability compared to real-time exchange rate movements.
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Citation
U.S. Federal Reserve, Index 2010=100 (QCOR628BIS), retrieved from FRED.