Share of Merchandise Imports at Current Purchasing Power Parities for Brazil
CSHMCPBRA156NRUG • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
-0.14
Year-over-Year Change
8.47%
Date Range
1/1/1950 - 1/1/2019
Summary
This economic trend measures Brazil's share of global merchandise imports adjusted for purchasing power differences. It provides insights into Brazil's trade competitiveness and integration within the global economy.
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 (PPPs) for Brazil tracks the country's relative importance in global trade flows. It compares Brazil's import volume to that of other nations, accounting for differences in national price levels.
Methodology
The data is calculated by the World Bank using exchange rates and price levels to derive comparable import values across countries.
Historical Context
This metric is used by economists and policymakers to assess Brazil's trade position and competitiveness within the international marketplace.
Key Facts
- Brazil accounts for approximately 1% of global merchandise imports.
- The metric adjusts for cost-of-living differences between countries.
- Import shares can indicate a nation's trade position and integration.
FAQs
Q: What does this economic trend measure?
A: This trend measures Brazil'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: The metric provides insights into Brazil's trade competitiveness and integration within the global economy, which is important for economists and policymakers.
Q: How is this data collected or calculated?
A: The World Bank calculates this metric using exchange rates and price levels to derive comparable import values across countries.
Q: How is this trend used in economic policy?
A: Economists and policymakers use this metric to assess Brazil's trade position and competitiveness within the international marketplace.
Q: Are there update delays or limitations?
A: The data may have update delays, and the methodology assumes that purchasing power parity holds across countries.
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Citation
U.S. Federal Reserve, Share of Merchandise Imports at Current Purchasing Power Parities for Brazil (CSHMCPBRA156NRUG), retrieved from FRED.