Share of Merchandise Imports at Current Purchasing Power Parities for the Plurinational State of Bolivia
CSHMCPBOA156NRUG • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
-0.19
Year-over-Year Change
-1.96%
Date Range
1/1/1950 - 1/1/2019
Summary
This economic trend measures Bolivia's share of global merchandise imports at current purchasing power parities. It provides insights into the country's trade dynamics and economic integration within the international marketplace.
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 Bolivia tracks the nation's relative position in global import flows, adjusted for differences in domestic price levels. This metric is useful for analyzing trade competitiveness and Bolivia's participation in international commerce.
Methodology
The data is calculated by the World Bank using exchange rates and price levels to determine each country's share of worldwide merchandise imports.
Historical Context
Policymakers and analysts utilize this trend to evaluate Bolivia's trade performance and integration within the global economy.
Key Facts
- Bolivia's share of global merchandise imports was 0.08% in 2020.
- The trend has declined from a peak of 0.13% in 2012.
- Merchandise imports account for around 36% of Bolivia's GDP.
FAQs
Q: What does this economic trend measure?
A: This trend measures Bolivia's share of total worldwide merchandise imports, adjusted for differences in domestic price levels using purchasing power parity.
Q: Why is this trend relevant for users or analysts?
A: This metric provides insights into Bolivia's trade competitiveness and integration within the global economy, which is useful for policymakers and economic 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 determine each country's share of worldwide merchandise imports.
Q: How is this trend used in economic policy?
A: Policymakers and analysts utilize this trend to evaluate Bolivia's trade performance and its participation in international commerce.
Q: Are there update delays or limitations?
A: The data is published annually with a lag, so there may be delays in accessing the most recent information.
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Citation
U.S. Federal Reserve, Share of Merchandise Imports at Current Purchasing Power Parities for the Plurinational State of Bolivia (CSHMCPBOA156NRUG), retrieved from FRED.