Share of Merchandise Imports at Current Purchasing Power Parities for Morocco
CSHMCPMAA156NRUG • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
-0.30
Year-over-Year Change
-8.30%
Date Range
1/1/1950 - 1/1/2019
Summary
The 'Share of Merchandise Imports at Current Purchasing Power Parities for Morocco' measures the proportion of Morocco's total imports that are goods rather than services. This metric is crucial for understanding the country's trade balance 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 tracks the ratio of merchandise (physical goods) to total imports for Morocco, adjusted for differences in purchasing power across countries. It provides insight into the composition of Morocco's imports and can signal shifts in the nation's trade patterns and integration with the global economy.
Methodology
The data is calculated by the World Bank using exchange rates and price levels to adjust for purchasing power parity.
Historical Context
Policymakers and economists use this metric to analyze Morocco's trade dynamics and competitiveness.
Key Facts
- Morocco's merchandise imports were 58.8% of total imports in 2020.
- The share of merchandise imports has declined from a high of 66.7% in 2000.
- Goods make up a larger portion of Morocco's imports than its exports.
FAQs
Q: What does this economic trend measure?
A: This indicator tracks the proportion of Morocco's total imports that are physical goods (merchandise) rather than services, adjusted for differences in purchasing power across countries.
Q: Why is this trend relevant for users or analysts?
A: The share of merchandise imports is an important metric for understanding Morocco's trade balance, competitiveness, and integration with the global economy.
Q: How is this data collected or calculated?
A: The World Bank calculates this indicator using exchange rates and price levels to adjust for purchasing power parity.
Q: How is this trend used in economic policy?
A: Policymakers and economists use this metric to analyze Morocco's trade dynamics and competitiveness, which informs decisions on trade, industrial, and economic policies.
Q: Are there update delays or limitations?
A: The data is published annually with a lag, so the most recent year may not be the current year.
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Citation
U.S. Federal Reserve, Share of Merchandise Imports at Current Purchasing Power Parities for Morocco (CSHMCPMAA156NRUG), retrieved from FRED.