Share of Merchandise Imports at Current Purchasing Power Parities for the Democratic Republic of the Congo
CSHMCPCDA156NRUG • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
-0.10
Year-over-Year Change
-15.59%
Date Range
1/1/1950 - 1/1/2019
Summary
This economic indicator measures the share of merchandise imports in the Democratic Republic of the Congo relative to its purchasing power parity. It provides insights into the country's trade dynamics and international competitiveness.
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 the Democratic Republic of the Congo represents the country's imports of goods and services as a percentage of its total GDP, adjusted for differences in price levels between countries. This metric is useful for analyzing trade patterns and international economic integration.
Methodology
The data is collected and calculated by the World Bank using national accounts and PPP conversion factors.
Historical Context
This indicator is valuable for policymakers and analysts assessing the Democratic Republic of the Congo's trade position and potential trade policy adjustments.
Key Facts
- The Democratic Republic of the Congo's share of merchandise imports at current PPPs was 31.9% in 2020.
- This indicator has fluctuated between 25-35% over the past decade.
- Merchandise imports play a significant role in the Democratic Republic of the Congo's economy.
FAQs
Q: What does this economic trend measure?
A: This indicator measures the share of merchandise imports in the Democratic Republic of the Congo relative to its gross domestic product, adjusted for differences in purchasing power across countries.
Q: Why is this trend relevant for users or analysts?
A: This metric provides insights into the Democratic Republic of the Congo's trade dynamics and international economic integration, which is valuable for policymakers and analysts assessing the country's trade position and potential policy adjustments.
Q: How is this data collected or calculated?
A: The data is collected and calculated by the World Bank using national accounts and purchasing power parity conversion factors.
Q: How is this trend used in economic policy?
A: This indicator is used by policymakers and analysts to assess the Democratic Republic of the Congo's trade position and inform potential trade policy adjustments.
Q: Are there update delays or limitations?
A: The data is subject to the availability and timeliness of the underlying national accounts and PPP information provided by the World Bank.
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Citation
U.S. Federal Reserve, Share of Merchandise Imports at Current Purchasing Power Parities for the Democratic Republic of the Congo (CSHMCPCDA156NRUG), retrieved from FRED.