Share of Merchandise Imports at Current Purchasing Power Parities for Lithuania
CSHMCPLTA156NRUG • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
-0.80
Year-over-Year Change
7.76%
Date Range
1/1/1990 - 1/1/2019
Summary
The 'Share of Merchandise Imports at Current Purchasing Power Parities for Lithuania' measures the proportion of total imports in Lithuania that are accounted for by merchandise trade. This metric is useful for analyzing trade patterns 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 economic indicator represents the share of total imports in Lithuania that are comprised of physical goods or merchandise, as opposed to services or other non-merchandise trade. It provides insight into the composition and structure of the country's international trade flows.
Methodology
The data is calculated by the OECD using purchasing power parity exchange rates and national accounts data.
Historical Context
Policymakers and economists use this metric to assess Lithuania's trade integration and the role of merchandise in its overall imports.
Key Facts
- Lithuania's merchandise imports accounted for over 60% of total imports in 2021.
- The share of merchandise imports has fluctuated between 55-65% over the past decade.
- Merchandise trade makes up a larger portion of Lithuania's imports compared to the OECD average.
FAQs
Q: What does this economic trend measure?
A: This indicator measures the proportion of total imports in Lithuania that are comprised of physical goods or merchandise, as opposed to services or other non-merchandise trade.
Q: Why is this trend relevant for users or analysts?
A: This metric provides insight into the composition and structure of Lithuania's international trade flows, which is useful for analyzing trade patterns and competitiveness.
Q: How is this data collected or calculated?
A: The data is calculated by the OECD using purchasing power parity exchange rates and national accounts data.
Q: How is this trend used in economic policy?
A: Policymakers and economists use this metric to assess Lithuania's trade integration and the role of merchandise in its overall imports.
Q: Are there update delays or limitations?
A: The data is updated annually, with a delay of approximately one year.
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Citation
U.S. Federal Reserve, Share of Merchandise Imports at Current Purchasing Power Parities for Lithuania (CSHMCPLTA156NRUG), retrieved from FRED.