Share of Merchandise Imports at Current Purchasing Power Parities for Belarus
CSHMCPBYA156NRUG • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
-0.33
Year-over-Year Change
-8.64%
Date Range
1/1/1990 - 1/1/2019
Summary
This economic trend measures Belarus' share of global merchandise imports adjusted for purchasing power parity. It provides insights into the country's trade dynamics and international economic positioning.
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 Belarus tracks the relative size of the country's imports compared to the global total. It accounts for differences in local purchasing power, offering a more accurate representation of Belarus' trade activities.
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 valuable for economists and policymakers analyzing Belarus' trade competitiveness and integration within the global economy.
Key Facts
- Belarus' share of global merchandise imports was 0.08% in 2020.
- The country's import share has declined from a high of 0.12% in 2013.
- Adjusting for purchasing power parity is crucial for cross-country trade comparisons.
FAQs
Q: What does this economic trend measure?
A: This trend measures Belarus' share of total global merchandise imports, adjusted for differences in local purchasing power.
Q: Why is this trend relevant for users or analysts?
A: This metric provides insights into Belarus' trade dynamics and international economic positioning, which is valuable for economists and policymakers.
Q: How is this data collected or calculated?
A: The World Bank calculates this data using exchange rates and price levels to adjust for purchasing power parity.
Q: How is this trend used in economic policy?
A: This trend is used by economists and policymakers to analyze Belarus' trade competitiveness and integration within the global economy.
Q: Are there update delays or limitations?
A: The data is published annually by the World Bank, so there may be a delay of up to a year in the most recent figures.
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Citation
U.S. Federal Reserve, Share of Merchandise Imports at Current Purchasing Power Parities for Belarus (CSHMCPBYA156NRUG), retrieved from FRED.