Share of Merchandise Imports at Current Purchasing Power Parities for Bangladesh
CSHMCPBDA156NRUG • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
-0.11
Year-over-Year Change
0.97%
Date Range
1/1/1959 - 1/1/2019
Summary
The 'Share of Merchandise Imports at Current Purchasing Power Parities for Bangladesh' measures Bangladesh's share of global merchandise imports adjusted for differences in purchasing power. This trend is crucial for understanding Bangladesh's international trade position 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 indicator tracks Bangladesh's share of worldwide merchandise imports, normalized for differences in domestic price levels between countries. It provides insight into Bangladesh's trade integration and the international demand for its goods and services.
Methodology
The data is calculated by the World Bank using exchange rates and price levels.
Historical Context
Policymakers and analysts use this metric to assess Bangladesh's trade dynamics and economic integration.
Key Facts
- Bangladesh's import share peaked at 0.25% in 2015.
- Import share has declined since 2015 due to trade policy changes.
- Bangladesh's imports are dominated by machinery, textiles, and agricultural products.
FAQs
Q: What does this economic trend measure?
A: This indicator tracks Bangladesh's share of global merchandise imports, adjusted for differences in domestic price levels between countries.
Q: Why is this trend relevant for users or analysts?
A: This metric provides insight into Bangladesh's trade integration and international competitiveness, which are crucial for understanding its economic development.
Q: How is this data collected or calculated?
A: The World Bank calculates this indicator using exchange rates and price levels to normalize for purchasing power differences.
Q: How is this trend used in economic policy?
A: Policymakers and analysts use this metric to assess Bangladesh's trade dynamics and inform decisions on trade, industrial, and macroeconomic policies.
Q: Are there update delays or limitations?
A: The data is published annually with a lag of approximately 2 years.
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Citation
U.S. Federal Reserve, Share of Merchandise Imports at Current Purchasing Power Parities for Bangladesh (CSHMCPBDA156NRUG), retrieved from FRED.