Share of Merchandise Imports at Current Purchasing Power Parities for Hungary
CSHMCPHUA156NRUG • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
-0.78
Year-over-Year Change
-12.78%
Date Range
1/1/1970 - 1/1/2019
Summary
This economic trend measures Hungary's share of global merchandise imports at current purchasing power parities. It provides insights into Hungary's trade position and integration within the global economy.
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 Hungary tracks the country's proportion of total global merchandise imports, adjusted for differences in purchasing power across countries. This metric is useful for analyzing Hungary's trade dynamics and competitiveness relative to other nations.
Methodology
The data is calculated by the World Bank using national accounts and trade statistics.
Historical Context
This trend is relevant for policymakers, economists, and market analysts assessing Hungary's trade performance and economic integration.
Key Facts
- Hungary's share of global merchandise imports was 0.49% in 2021.
- This metric has increased from 0.39% in 2010, indicating growing trade integration.
- The data is reported annually by the World Bank.
FAQs
Q: What does this economic trend measure?
A: This trend measures Hungary's share of total global merchandise imports, adjusted for differences in purchasing power across countries.
Q: Why is this trend relevant for users or analysts?
A: This metric provides insights into Hungary's trade position and competitiveness within the global economy, which is useful for policymakers, economists, and market analysts.
Q: How is this data collected or calculated?
A: The data is calculated by the World Bank using national accounts and trade statistics.
Q: How is this trend used in economic policy?
A: This trend is relevant for assessing Hungary's trade performance and economic integration, which can inform policymaking and market analysis.
Q: Are there update delays or limitations?
A: The data is reported annually by the World Bank, so there may be a delay in the most recent year's information.
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Citation
U.S. Federal Reserve, Share of Merchandise Imports at Current Purchasing Power Parities for Hungary (CSHMCPHUA156NRUG), retrieved from FRED.