Share of Merchandise Imports at Current Purchasing Power Parities for Equatorial Guinea
CSHMCPGQA156NRUG • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
-0.31
Year-over-Year Change
-31.26%
Date Range
1/1/1960 - 1/1/2019
Summary
This economic trend measures Equatorial Guinea's share of global merchandise imports adjusted for purchasing power differences. It provides insights into the country's participation in international trade flows.
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 Equatorial Guinea tracks the nation's proportion of total global merchandise imports, with values adjusted to account for differences in domestic purchasing power. This metric offers analysts a more nuanced view of Equatorial Guinea's trade position relative to other countries.
Methodology
The data is calculated by the World Bank using national accounts and exchange rate information.
Historical Context
This indicator is useful for policymakers and economists assessing Equatorial Guinea's integration into the global trading system.
Key Facts
- Equatorial Guinea's merchandise import share peaked at 0.04% in 2012.
- Import share has declined since 2014 as the country's economy contracted.
- Adjusting for purchasing power provides a more accurate view of trade flows.
FAQs
Q: What does this economic trend measure?
A: This indicator tracks Equatorial Guinea's proportion of total global merchandise imports, with values adjusted for differences in domestic purchasing power.
Q: Why is this trend relevant for users or analysts?
A: This metric offers a more nuanced view of Equatorial Guinea's trade position and integration into the global economy, which is useful for policymakers and economists.
Q: How is this data collected or calculated?
A: The data is calculated by the World Bank using national accounts and exchange rate information.
Q: How is this trend used in economic policy?
A: This indicator is useful for assessing Equatorial Guinea's integration into the global trading system, which is relevant for policymakers and economists.
Q: Are there update delays or limitations?
A: The data may have update delays due to the time required to collect and process the underlying national accounts information.
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Citation
U.S. Federal Reserve, Share of Merchandise Imports at Current Purchasing Power Parities for Equatorial Guinea (CSHMCPGQA156NRUG), retrieved from FRED.