Share of Merchandise Imports at Current Purchasing Power Parities for Maldives
CSHMCPMVA156NRUG • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
-0.48
Year-over-Year Change
70.36%
Date Range
1/1/1970 - 1/1/2019
Summary
The Share of Merchandise Imports at Current Purchasing Power Parities for Maldives measures the proportion of the country's total imports that are merchandise goods. This metric is useful for economists and policymakers to understand 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 Maldives' total imports that are physical goods, as opposed to services or other non-merchandise trade. It provides insights into the composition and structure of the country's international trade flows.
Methodology
The data is calculated by the World Bank using national accounts and purchasing power parity conversion factors.
Historical Context
Policymakers and analysts use this metric to assess Maldives' trade position and integration with the global economy.
Key Facts
- Maldives' merchandise imports account for over 60% of total imports.
- Imports make up a significant portion of Maldives' GDP.
- The service sector is a major component of Maldives' economy.
FAQs
Q: What does this economic trend measure?
A: This indicator measures the proportion of Maldives' 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 insights into the structure and composition of Maldives' international trade, which is useful for economists and policymakers assessing the country's trade position and competitiveness.
Q: How is this data collected or calculated?
A: The data is calculated by the World Bank using national accounts and purchasing power parity conversion factors.
Q: How is this trend used in economic policy?
A: Policymakers and analysts use this metric to assess Maldives' trade position and integration with the global economy, which can inform policy decisions related to trade, competitiveness, and economic development.
Q: Are there update delays or limitations?
A: The data may be subject to periodic updates and revisions by the World Bank, and there may be lags in the availability of the most recent information.
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Citation
U.S. Federal Reserve, Share of Merchandise Imports at Current Purchasing Power Parities for Maldives (CSHMCPMVA156NRUG), retrieved from FRED.