Share of Merchandise Imports at Current Purchasing Power Parities for Ethiopia
CSHMCPETA156NRUG • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
-0.09
Year-over-Year Change
-40.30%
Date Range
1/1/1950 - 1/1/2019
Summary
The 'Share of Merchandise Imports at Current Purchasing Power Parities for Ethiopia' measures the portion of Ethiopia's total imports that are goods rather than services. This metric is useful for analyzing Ethiopia's trade patterns 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
This economic indicator represents the share of total imports to Ethiopia that are physical merchandise rather than services. It provides insight into the composition of the country's international trade and can be used to assess its industrial development and integration into global supply chains.
Methodology
The data is calculated by the World Bank using national accounts and purchasing power parity conversion factors.
Historical Context
Policymakers and analysts use this metric to monitor Ethiopia's trade dynamics and economic structure over time.
Key Facts
- Ethiopia's merchandise imports were 26.4% of total imports in 2021.
- The share of merchandise imports has declined from a high of 29.2% in 2011.
- Merchandise imports represent a significant portion of Ethiopia's total trade activities.
FAQs
Q: What does this economic trend measure?
A: This indicator measures the share of Ethiopia's total imports that are physical goods or merchandise, rather than services.
Q: Why is this trend relevant for users or analysts?
A: This metric provides insights into Ethiopia's trade structure and competitiveness, which is useful for policymakers and economists analyzing the country's economic development.
Q: How is this data collected or calculated?
A: The data is calculated by the World Bank using national accounts and purchasing power parity conversion factors.
Q: How is this trend used in economic policy?
A: Policymakers and analysts use this metric to monitor Ethiopia's trade dynamics and economic structure over time, which can inform policies related to industrial development and international trade.
Q: Are there update delays or limitations?
A: The data is published annually by the World Bank, so there may be a delay of up to a year before the most recent figures are available.
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Citation
U.S. Federal Reserve, Share of Merchandise Imports at Current Purchasing Power Parities for Ethiopia (CSHMCPETA156NRUG), retrieved from FRED.