Share of Merchandise Imports at Current Purchasing Power Parities for Ecuador
CSHMCPECA156NRUG • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
-0.18
Year-over-Year Change
-9.08%
Date Range
1/1/1950 - 1/1/2019
Summary
This economic trend measures Ecuador's share of merchandise imports at current purchasing power parities. It provides insights into the country's international trade 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 Ecuador is an economic indicator that reflects the country's relative position in global trade. It compares Ecuador's imports to those of other countries, adjusted for differences in purchasing power.
Methodology
The data is calculated by the World Bank using exchange rates and price levels.
Historical Context
This metric is useful for economists and policymakers analyzing Ecuador's trade dynamics and international economic integration.
Key Facts
- Ecuador's share of global merchandise imports was 0.13% in 2020.
- This metric has declined from a peak of 0.18% in 2012.
- Purchasing power parity adjustments are important for cross-country comparisons.
FAQs
Q: What does this economic trend measure?
A: This indicator measures Ecuador's share of total global 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 Ecuador's international trade position and competitiveness compared to other economies.
Q: How is this data collected or calculated?
A: The data is calculated by the World Bank using exchange rates and price levels to adjust for purchasing power differences.
Q: How is this trend used in economic policy?
A: Policymakers and economists use this indicator to analyze Ecuador's trade dynamics and integration into the global economy.
Q: Are there update delays or limitations?
A: The data may have update lags due to the time required for data collection and analysis by the World Bank.
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Citation
U.S. Federal Reserve, Share of Merchandise Imports at Current Purchasing Power Parities for Ecuador (CSHMCPECA156NRUG), retrieved from FRED.