Share of Merchandise Imports at Current Purchasing Power Parities for Kuwait
CSHMCPKWA156NRUG • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
-0.18
Year-over-Year Change
8.28%
Date Range
1/1/1970 - 1/1/2019
Summary
This economic trend measures Kuwait's share of global merchandise imports adjusted for purchasing power differences across countries. It provides insights into Kuwait's relative position 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 (PPPs) is an indicator of a country's participation in global trade. It accounts for differences in price levels between countries, giving a more accurate picture of trade dynamics.
Methodology
The data is calculated by the World Bank using exchange rates and price levels.
Historical Context
This metric is useful for policymakers and analysts examining Kuwait's trade integration and competitiveness.
Key Facts
- Kuwait's import share was 0.23% in 2020.
- This metric has declined from a high of 0.39% in 2013.
- Adjusting for price levels is important for accurately comparing trade data across countries.
FAQs
Q: What does this economic trend measure?
A: This metric measures Kuwait's share of global merchandise imports, adjusted for differences in purchasing power across countries.
Q: Why is this trend relevant for users or analysts?
A: This trend provides insights into Kuwait's trade integration and competitiveness in the global economy.
Q: How is this data collected or calculated?
A: The data is calculated by the World Bank using exchange rates and price levels.
Q: How is this trend used in economic policy?
A: Policymakers and analysts use this metric to examine Kuwait's trade position and competitiveness.
Q: Are there update delays or limitations?
A: The data may have some delays due to the time required for price-level adjustments across countries.
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Citation
U.S. Federal Reserve, Share of Merchandise Imports at Current Purchasing Power Parities for Kuwait (CSHMCPKWA156NRUG), retrieved from FRED.