Share of Merchandise Imports at Current Purchasing Power Parities for Bhutan
CSHMCPBTA156NRUG • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
-0.09
Year-over-Year Change
-58.07%
Date Range
1/1/1970 - 1/1/2019
Summary
This economic indicator measures Bhutan's share of global merchandise imports adjusted for purchasing power parity. It provides insights into Bhutan's international trade dynamics and 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 (PPPs) for Bhutan tracks the country's relative contribution to global merchandise imports, taking into account differences in domestic price levels. This metric is used to analyze Bhutan's trade competitiveness and economic engagement with the world market.
Methodology
The data is calculated by the World Bank using exchange rates and price level ratios to convert Bhutan's imports to a common currency and adjust for price level differences.
Historical Context
Policymakers and analysts use this indicator to assess Bhutan's trade position and integration within the global economy.
Key Facts
- Bhutan's share of global merchandise imports was 0.007% in 2020.
- The indicator adjusts for price level differences across countries.
- Tracking this metric helps evaluate Bhutan's trade competitiveness.
FAQs
Q: What does this economic trend measure?
A: This indicator tracks Bhutan'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 share of imports at PPPs provides insights into Bhutan's trade competitiveness and economic integration within the global market.
Q: How is this data collected or calculated?
A: The World Bank calculates this metric using exchange rates and price level ratios to convert Bhutan's imports to a common currency and adjust for price differences.
Q: How is this trend used in economic policy?
A: Policymakers and analysts use this indicator to assess Bhutan's trade position and integration within the global economy.
Q: Are there update delays or limitations?
A: The data may have a lag of 1-2 years due to the time required for collection and analysis by the World Bank.
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Citation
U.S. Federal Reserve, Share of Merchandise Imports at Current Purchasing Power Parities for Bhutan (CSHMCPBTA156NRUG), retrieved from FRED.