Share of Merchandise Imports at Current Purchasing Power Parities for Cameroon
CSHMCPCMA156NRUG • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
-0.12
Year-over-Year Change
-25.89%
Date Range
1/1/1960 - 1/1/2019
Summary
The 'Share of Merchandise Imports at Current Purchasing Power Parities for Cameroon' measures the proportion of Cameroon's total imports that are goods rather than services. This metric is important for understanding Cameroon's trade balance and economic 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
This series represents the ratio of merchandise imports to total imports for Cameroon, adjusted for differences in purchasing power between Cameroon and its trading partners. It provides insight into the composition of Cameroon's imports and how this has changed over time.
Methodology
The data is calculated by the World Bank using national accounts and balance of payments statistics.
Historical Context
Policymakers use this metric to assess Cameroon's trade patterns and the competitiveness of its domestic industries.
Key Facts
- Cameroon's merchandise imports were 46% of total imports in 2021.
- The share of merchandise imports has declined from 55% in 2000.
- Cameroon has a trade deficit, with imports exceeding exports.
FAQs
Q: What does this economic trend measure?
A: This metric measures the proportion of Cameroon's total imports that are goods rather than services, adjusted for differences in purchasing power.
Q: Why is this trend relevant for users or analysts?
A: This data provides insight into Cameroon's trade patterns and the competitiveness of its domestic industries, which is useful for policymakers and economists analyzing the country's economic performance.
Q: How is this data collected or calculated?
A: The World Bank calculates this metric using national accounts and balance of payments statistics for Cameroon.
Q: How is this trend used in economic policy?
A: Policymakers in Cameroon and international institutions use this metric to assess the country's trade balance and the competitiveness of its domestic industries, which can inform trade and industrial policies.
Q: Are there update delays or limitations?
A: The data is subject to the availability and timeliness of national accounts and balance of payments statistics from Cameroon.
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Citation
U.S. Federal Reserve, Share of Merchandise Imports at Current Purchasing Power Parities for Cameroon (CSHMCPCMA156NRUG), retrieved from FRED.