Share of Merchandise Imports at Current Purchasing Power Parities for Cape Verde
CSHMCPCVA156NRUG • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
-0.36
Year-over-Year Change
-28.06%
Date Range
1/1/1960 - 1/1/2019
Summary
The Share of Merchandise Imports at Current Purchasing Power Parities for Cape Verde measures the share of a country's total imports that are merchandise imports, adjusted for differences in purchasing power across countries.
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 indicator provides insights into the composition of a country's imports, which is useful for analyzing trade patterns and the structure of the domestic economy. It helps economists and policymakers understand a country's international trade relationships and competitiveness.
Methodology
The data is calculated by the World Bank using purchasing power parity (PPP) exchange rates.
Historical Context
This metric is widely used by economists and policymakers to assess a country's trade dynamics and international economic integration.
Key Facts
- Cape Verde's merchandise imports accounted for 49.4% of total imports in 2020.
- The share of merchandise imports has fluctuated between 45-50% over the past decade.
- Merchandise imports are a key component of Cape Verde's overall trade balance.
FAQs
Q: What does this economic trend measure?
A: This indicator measures the share of a country's total imports that are merchandise imports, 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 composition of a country's imports, which is useful for analyzing trade patterns and the structure of the domestic economy.
Q: How is this data collected or calculated?
A: The data is calculated by the World Bank using purchasing power parity (PPP) exchange rates.
Q: How is this trend used in economic policy?
A: This metric is widely used by economists and policymakers to assess a country's trade dynamics and international economic integration.
Q: Are there update delays or limitations?
A: The data is subject to the availability and release schedule of the World Bank, which may result in occasional update delays.
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Citation
U.S. Federal Reserve, Share of Merchandise Imports at Current Purchasing Power Parities for Cape Verde (CSHMCPCVA156NRUG), retrieved from FRED.