Share of Merchandise Imports at Current Purchasing Power Parities for Madagascar
CSHMCPMGA156NRUG • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
-0.17
Year-over-Year Change
7.24%
Date Range
1/1/1960 - 1/1/2019
Summary
The Share of Merchandise Imports at Current Purchasing Power Parities for Madagascar measures the portion of a country's total imports that are merchandise goods. This metric is useful for economists and policymakers to analyze 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 a country's total imports that are physical goods, as opposed to services or other non-merchandise trade. It provides insight into the composition and structure of a nation's international trade flows.
Methodology
The data is calculated by the World Bank using purchasing power parity exchange rates and national accounts statistics.
Historical Context
This metric is used by economists, trade analysts, and policymakers to assess a country's participation in global merchandise trade.
Key Facts
- Madagascar's merchandise imports were 28.2% of total imports in 2020.
- Merchandise imports have decreased from 31.1% in 2015 to 28.2% in 2020.
- Madagascar's merchandise trade balance was -$3.2 billion in 2020.
FAQs
Q: What does this economic trend measure?
A: This indicator measures the proportion of a country's total imports that are physical goods, 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 structure and composition of a nation'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 World Bank using purchasing power parity exchange rates and national accounts statistics.
Q: How is this trend used in economic policy?
A: This indicator is used by economists, trade analysts, and policymakers to assess a country's participation in global merchandise trade and inform trade and economic policies.
Q: Are there update delays or limitations?
A: The data is published 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 Madagascar (CSHMCPMGA156NRUG), retrieved from FRED.