Share of Merchandise Imports at Current Purchasing Power Parities for Honduras
CSHMCPHNA156NRUG • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
-0.29
Year-over-Year Change
-14.81%
Date Range
1/1/1950 - 1/1/2019
Summary
The 'Share of Merchandise Imports at Current Purchasing Power Parities for Honduras' measures the proportion of total imports in Honduras accounted for by merchandise goods. This metric is important for understanding Honduras' trade dynamics and 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
This trend represents the share of total imports in Honduras that are merchandise goods, as opposed to services or other types of imports. It provides insight into the composition and structure of Honduras' international trade flows.
Methodology
The data is calculated based on purchasing power parity (PPP) exchange rates and national accounts data reported by the Honduran government.
Historical Context
Policymakers and economists use this metric to assess Honduras' trade openness, competitiveness, and economic development.
Key Facts
- Honduras' merchandise imports account for over 50% of total imports.
- Merchandise trade makes up a significant portion of Honduras' economy.
- Purchasing power parity is used to compare trade flows across countries.
FAQs
Q: What does this economic trend measure?
A: This trend measures the share of total imports in Honduras that are merchandise goods, as opposed to services or other types of imports.
Q: Why is this trend relevant for users or analysts?
A: This metric provides insight into the composition and structure of Honduras' international trade flows, which is important for understanding the country's trade dynamics and economic integration.
Q: How is this data collected or calculated?
A: The data is calculated based on purchasing power parity (PPP) exchange rates and national accounts data reported by the Honduran government.
Q: How is this trend used in economic policy?
A: Policymakers and economists use this metric to assess Honduras' trade openness, competitiveness, and economic development.
Q: Are there update delays or limitations?
A: The data may be subject to periodic revisions and updates based on the latest national accounts information from Honduras.
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Citation
U.S. Federal Reserve, Share of Merchandise Imports at Current Purchasing Power Parities for Honduras (CSHMCPHNA156NRUG), retrieved from FRED.