Share of Merchandise Imports at Current Purchasing Power Parities for Cote d'Ivoire
CSHMCPCIA156NRUG • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
-0.14
Year-over-Year Change
-48.92%
Date Range
1/1/1960 - 1/1/2019
Summary
This economic trend measures Côte d'Ivoire's share of total merchandise imports adjusted for purchasing power parity. It provides insight into the country's international trade position and 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 for Côte d'Ivoire tracks the percentage of total global merchandise imports that Côte d'Ivoire accounts for, after adjusting for differences in price levels between countries. This metric is useful for analyzing trade patterns and a country's trade competitiveness.
Methodology
The data is calculated by the World Bank using exchange rate and price index information.
Historical Context
This metric is relevant for economists and policymakers assessing Côte d'Ivoire's trade performance and integration into the global economy.
Key Facts
- Côte d'Ivoire accounts for around 0.1% of global merchandise imports.
- The country's import share has remained relatively stable over the past decade.
- Imports play a key role in Côte d'Ivoire's economy, comprising over 40% of GDP.
FAQs
Q: What does this economic trend measure?
A: This metric tracks Côte d'Ivoire's share of total global merchandise imports, adjusted for differences in purchasing power between countries.
Q: Why is this trend relevant for users or analysts?
A: This data provides insight into Côte d'Ivoire's trade position and competitiveness in the global economy, which is useful for economists and policymakers.
Q: How is this data collected or calculated?
A: The World Bank calculates this metric using exchange rate and price index information.
Q: How is this trend used in economic policy?
A: Analysts and policymakers use this metric to assess Côte d'Ivoire's trade performance and integration into the global economy.
Q: Are there update delays or limitations?
A: There may be lags in data availability, as the metric relies on exchange rate and price index information compiled by the World Bank.
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Citation
U.S. Federal Reserve, Share of Merchandise Imports at Current Purchasing Power Parities for Cote d'Ivoire (CSHMCPCIA156NRUG), retrieved from FRED.