Share of Merchandise Imports at Current Purchasing Power Parities for Albania
CSHMCPALA156NRUG • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
-0.31
Year-over-Year Change
-14.29%
Date Range
1/1/1970 - 1/1/2019
Summary
The 'Share of Merchandise Imports at Current Purchasing Power Parities for Albania' tracks the percentage of total imports in Albania's economy. This metric is important for economists and policymakers to analyze trade dynamics and 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
This series represents the share of total merchandise imports in Albania's economy, adjusted for differences in purchasing power between Albania and its trading partners. It provides insights into Albania's international trade composition and can inform discussions around trade policy, exchange rates, and economic integration.
Methodology
The data is calculated by the World Bank using national accounts and purchasing power parity (PPP) conversion factors.
Historical Context
Policymakers and analysts use this metric to assess Albania's trade patterns and competitiveness within the regional and global economy.
Key Facts
- Albania's share of merchandise imports was 36.7% in 2021.
- The metric has increased from 25.9% in 2000 to 36.7% in 2021.
- Albania's trade integration has grown alongside its economic development.
FAQs
Q: What does this economic trend measure?
A: This trend measures the share of total merchandise imports in Albania's economy, adjusted for differences in purchasing power between Albania and its trading partners.
Q: Why is this trend relevant for users or analysts?
A: This metric provides insights into Albania's international trade composition and can inform discussions around trade policy, exchange rates, and economic integration.
Q: How is this data collected or calculated?
A: The data is calculated by the World Bank using national accounts and purchasing power parity (PPP) conversion factors.
Q: How is this trend used in economic policy?
A: Policymakers and analysts use this metric to assess Albania's trade patterns and competitiveness within the regional and global economy.
Q: Are there update delays or limitations?
A: The data is updated annually by the World Bank, with a potential delay of 1-2 years.
Related Trends
Share of Household Consumption at Current Purchasing Power Parities for Serbia
CSHCCPRSA156NRUG
Share of Gross Capital Formation at Current Purchasing Power Parities for Guinea-Bissau
CSHICPGWA156NRUG
Share of Government Consumption at Current Purchasing Power Parities for Serbia
CSHGCPRSA156NRUG
Share of Residual Trade and GDP Statistical Discrepancy at Current Purchasing Power Parities for Malaysia
CSHRCPMYA156NRUG
Share of Merchandise Exports at Current Purchasing Power Parities for Slovenia
CSHXCPSIA156NRUG
Share of Government Consumption at Current Purchasing Power Parities for Iceland
CSHGCPISA156NRUG
Citation
U.S. Federal Reserve, Share of Merchandise Imports at Current Purchasing Power Parities for Albania (CSHMCPALA156NRUG), retrieved from FRED.