Share of Merchandise Imports at Current Purchasing Power Parities for Spain
CSHMCPESA156NRUG • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
-0.32
Year-over-Year Change
-14.66%
Date Range
1/1/1950 - 1/1/2019
Summary
The 'Share of Merchandise Imports at Current Purchasing Power Parities for Spain' measures Spain's share of total world merchandise imports adjusted for differences in purchasing power between 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 economic indicator provides insights into Spain's international trade position and competitiveness. It is used by economists and policymakers to analyze Spain's role in the global economy and assess the effectiveness of trade policies.
Methodology
The data is calculated by the OECD using purchasing power parity exchange rates and total world merchandise import statistics.
Historical Context
This metric informs decision-making around Spain's trade, industrial, and macroeconomic policies.
Key Facts
- Spain's import share was 1.91% in 2020.
- Import share has declined from a high of 2.31% in 2010.
- Spain is the 13th largest importer globally based on this metric.
FAQs
Q: What does this economic trend measure?
A: This indicator measures Spain's share of total world merchandise imports, adjusted for differences in purchasing power between countries.
Q: Why is this trend relevant for users or analysts?
A: This metric provides insights into Spain's international trade position and competitiveness, informing economic and policy decisions.
Q: How is this data collected or calculated?
A: The data is calculated by the OECD using purchasing power parity exchange rates and total world merchandise import statistics.
Q: How is this trend used in economic policy?
A: This indicator informs decision-making around Spain's trade, industrial, and macroeconomic policies.
Q: Are there update delays or limitations?
A: The data is published annually with a lag, and may not capture short-term fluctuations in Spain's trade dynamics.
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Citation
U.S. Federal Reserve, Share of Merchandise Imports at Current Purchasing Power Parities for Spain (CSHMCPESA156NRUG), retrieved from FRED.