Share of Merchandise Imports at Current Purchasing Power Parities for Poland
CSHMCPPLA156NRUG • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
-0.33
Year-over-Year Change
-14.75%
Date Range
1/1/1970 - 1/1/2019
Summary
The 'Share of Merchandise Imports at Current Purchasing Power Parities for Poland' measures the proportion of Poland's total imports of goods relative to its GDP, adjusted for differences in purchasing power across countries.
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 provides insight into Poland's trade balance and international competitiveness. It is used by economists and policymakers to analyze Poland's participation in global trade and the factors driving its import levels.
Methodology
The data is calculated by the OECD using exchange rates and price levels to adjust for purchasing power differences.
Historical Context
Trends in this indicator can inform Poland's trade and economic policies.
Key Facts
- Poland's import share was 31.9% in 2020.
- Import share has risen from 23.4% in 1995.
- Poland is a major trading partner within the EU.
FAQs
Q: What does this economic trend measure?
A: This indicator measures the proportion of Poland's total imports of goods relative to its GDP, adjusted for differences in purchasing power across countries.
Q: Why is this trend relevant for users or analysts?
A: This metric provides insight into Poland's trade balance and international competitiveness, which is important for economists and policymakers analyzing the country's participation in global trade.
Q: How is this data collected or calculated?
A: The data is calculated by the OECD using exchange rates and price levels to adjust for purchasing power differences across countries.
Q: How is this trend used in economic policy?
A: Trends in this indicator can inform Poland's trade and economic policies, as it reflects the country's trade balance and competitiveness in the global market.
Q: Are there update delays or limitations?
A: The data is subject to the availability and publication schedule of the OECD, which may result in occasional delays or missing observations.
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Citation
U.S. Federal Reserve, Share of Merchandise Imports at Current Purchasing Power Parities for Poland (CSHMCPPLA156NRUG), retrieved from FRED.