Share of Merchandise Imports at Current Purchasing Power Parities for Guinea-Bissau
CSHMCPGWA156NRUG • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
-0.25
Year-over-Year Change
19.48%
Date Range
1/1/1960 - 1/1/2019
Summary
This economic trend measures Guinea-Bissau's share of total merchandise imports adjusted for purchasing power parity. It provides insights into the country's trade dynamics and international economic integration.
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 (PPP) for Guinea-Bissau represents the country's proportion of total global merchandise imports, with adjustments made to account for differences in price levels between countries.
Methodology
The data is calculated by the World Bank using exchange rates and price levels.
Historical Context
This metric is used by economists and policymakers to analyze Guinea-Bissau's trade position and competitiveness within the global economy.
Key Facts
- Guinea-Bissau's share of global merchandise imports was 0.002% in 2020.
- The country's import share has remained relatively stable over the past decade.
- Adjusting for purchasing power parity is important to compare trade data across countries.
FAQs
Q: What does this economic trend measure?
A: This trend measures Guinea-Bissau's share of total global merchandise imports, with adjustments made to account for differences in price levels between countries.
Q: Why is this trend relevant for users or analysts?
A: This metric provides insights into Guinea-Bissau's trade position and competitiveness within the global economy, which is important for economists and policymakers.
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 parity.
Q: How is this trend used in economic policy?
A: This trend is used by economists and policymakers to analyze Guinea-Bissau's trade dynamics and international economic integration.
Q: Are there update delays or limitations?
A: The data is published annually by the World Bank, so there may be a delay in the most recent information.
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Citation
U.S. Federal Reserve, Share of Merchandise Imports at Current Purchasing Power Parities for Guinea-Bissau (CSHMCPGWA156NRUG), retrieved from FRED.