Share of Merchandise Imports at Current Purchasing Power Parities for Italy
CSHMCPITA156NRUG • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
-0.29
Year-over-Year Change
-14.38%
Date Range
1/1/1950 - 1/1/2019
Summary
The Share of Merchandise Imports at Current Purchasing Power Parities for Italy measures the proportion of a country's total imports accounted for by its merchandise trade. This metric is useful for economists and policymakers to assess a nation's international trade position 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 indicator represents Italy's share of total world merchandise imports, adjusted for differences in purchasing power between countries. It provides insights into Italy's participation and role in global trade flows, which is an important factor in evaluating economic performance and policy decisions.
Methodology
The data is calculated by the OECD using national accounts and trade statistics.
Historical Context
Analysts and policymakers use this trend to gauge Italy's trade dynamics and international economic integration.
Key Facts
- Italy's share of global merchandise imports was 2.8% in 2021.
- This metric has declined from a high of 3.7% in 2008.
- The indicator is measured in current purchasing power parity terms.
FAQs
Q: What does this economic trend measure?
A: This indicator measures Italy's share of total world merchandise imports, adjusted for differences in purchasing power between countries.
Q: Why is this trend relevant for users or analysts?
A: This metric provides insights into Italy's participation and role in global trade flows, which is an important factor in evaluating the country's economic performance and policy decisions.
Q: How is this data collected or calculated?
A: The data is calculated by the OECD using national accounts and trade statistics.
Q: How is this trend used in economic policy?
A: Analysts and policymakers use this trend to gauge Italy's trade dynamics and international economic integration, which informs policy decisions related to trade, competitiveness, and economic growth.
Q: Are there update delays or limitations?
A: The data is published with a lag, and may be subject to revisions as more complete information becomes available.
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Citation
U.S. Federal Reserve, Share of Merchandise Imports at Current Purchasing Power Parities for Italy (CSHMCPITA156NRUG), retrieved from FRED.