Share of Merchandise Imports at Current Purchasing Power Parities for Netherlands
CSHMCPNLA156NRUG • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
-0.86
Year-over-Year Change
9.39%
Date Range
1/1/1950 - 1/1/2019
Summary
This trend measures the share of merchandise imports in the Netherlands using current purchasing power parities (PPPs). It provides insights into the country's trade dynamics and purchasing power relative to its trading partners.
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 PPPs reflects the proportion of a country's total imports of goods, adjusted for differences in price levels across countries. This metric is useful for analyzing trade flows and a nation's competitiveness in the global marketplace.
Methodology
The data is collected and calculated by the OECD based on national accounts and trade statistics.
Historical Context
Policymakers and economists use this trend to assess the Netherlands' trade position and evaluate the effectiveness of trade policies.
Key Facts
- The Netherlands is a major trading nation, ranking among the top 10 largest importers globally.
- Merchandise imports account for over 60% of the Netherlands' GDP.
- The Netherlands has a highly open and trade-dependent economy.
FAQs
Q: What does this economic trend measure?
A: This trend measures the share of merchandise imports in the Netherlands, adjusted for differences in purchasing power across countries.
Q: Why is this trend relevant for users or analysts?
A: This metric provides insights into the Netherlands' trade dynamics and competitiveness, which is important for policymakers and economists analyzing the country's economic performance.
Q: How is this data collected or calculated?
A: The OECD collects and calculates this data based on national accounts and trade statistics.
Q: How is this trend used in economic policy?
A: Policymakers and analysts use this trend to assess the Netherlands' trade position and evaluate the effectiveness of trade policies.
Q: Are there update delays or limitations?
A: The data is subject to the release schedule and methodological updates of the OECD, which may result in occasional delays or revisions.
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Citation
U.S. Federal Reserve, Share of Merchandise Imports at Current Purchasing Power Parities for Netherlands (CSHMCPNLA156NRUG), retrieved from FRED.