Share of Merchandise Imports at Current Purchasing Power Parities for Bulgaria
CSHMCPBGA156NRUG • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
-0.45
Year-over-Year Change
-5.71%
Date Range
1/1/1970 - 1/1/2019
Summary
This economic trend measures Bulgaria's share of merchandise imports as a percentage of global imports, adjusted for purchasing power parity. It provides insights into Bulgaria's trade dynamics and global economic integration.
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 Share of Merchandise Imports at Current Purchasing Power Parities for Bulgaria is an indicator that tracks the proportion of global merchandise imports attributed to Bulgaria. It accounts for differences in price levels across countries, offering a more accurate representation of Bulgaria's trade position.
Methodology
The data is calculated by the World Bank using exchange rates and price levels to adjust for purchasing power parity.
Historical Context
This metric is useful for policymakers and analysts examining Bulgaria's trade competitiveness and position within the global economy.
Key Facts
- Bulgaria's share of global merchandise imports was 0.13% in 2020.
- This metric has declined from a high of 0.24% in 2008.
- Purchasing power parity adjustments are critical for accurate cross-country comparisons.
FAQs
Q: What does this economic trend measure?
A: This trend measures Bulgaria's share of global merchandise imports, adjusted for differences in purchasing power across countries.
Q: Why is this trend relevant for users or analysts?
A: This metric provides insights into Bulgaria's trade competitiveness and integration within the global economy, which is important for policymakers and market analysts.
Q: How is this data collected or calculated?
A: The data is calculated by the World Bank using exchange rates and price levels to adjust for purchasing power parity.
Q: How is this trend used in economic policy?
A: This metric is used by policymakers and analysts to examine Bulgaria's trade position and competitiveness within the global market.
Q: Are there update delays or limitations?
A: The data is subject to update delays, as it relies on broader trade and pricing data collected by international organizations.
Related Trends
Share of Residual Trade and GDP Statistical Discrepancy at Current Purchasing Power Parities for Turkmenistan
CSHRCPTMA156NRUG
Share of Residual Trade and GDP Statistical Discrepancy at Current Purchasing Power Parities for Hungary
CSHRCPHUA156NRUG
Share of Gross Capital Formation at Current Purchasing Power Parities for Czech Republic
CSHICPCZA156NRUG
Share of Residual Trade and GDP Statistical Discrepancy at Current Purchasing Power Parities for Bhutan
CSHRCPBTA156NRUG
Share of Household Consumption at Current Purchasing Power Parities for Fiji
CSHCCPFJA156NRUG
Share of Merchandise Exports at Current Purchasing Power Parities for Georgia
CSHXCPGEA156NRUG
Citation
U.S. Federal Reserve, Share of Merchandise Imports at Current Purchasing Power Parities for Bulgaria (CSHMCPBGA156NRUG), retrieved from FRED.