Share of Merchandise Imports at Current Purchasing Power Parities for Sweden
CSHMCPSEA156NRUG • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
-0.50
Year-over-Year Change
-14.96%
Date Range
1/1/1950 - 1/1/2019
Summary
The 'Share of Merchandise Imports at Current Purchasing Power Parities for Sweden' measures Sweden's imports as a percentage of total world imports, 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 insights into Sweden's international trade position and competitiveness. It is used by economists and policymakers to analyze Sweden's trade patterns and evaluate its integration into the global economy.
Methodology
The data is calculated by the OECD based on import and exchange rate data.
Historical Context
This metric is relevant for assessing Sweden's trade policies and economic performance relative to its global peers.
Key Facts
- Sweden's share of global merchandise imports was 1.13% in 2021.
- This metric has declined from a peak of 1.36% in 2000.
- Sweden is a major trading economy, with imports equivalent to over 40% of its GDP.
FAQs
Q: What does this economic trend measure?
A: This metric measures Sweden's share of total global merchandise imports, adjusted for differences in purchasing power across countries.
Q: Why is this trend relevant for users or analysts?
A: This indicator provides insights into Sweden's international trade position and competitiveness within the global economy.
Q: How is this data collected or calculated?
A: The data is calculated by the OECD based on import and exchange rate data.
Q: How is this trend used in economic policy?
A: This metric is relevant for assessing Sweden's trade policies and economic performance relative to its global peers.
Q: Are there update delays or limitations?
A: The data is subject to occasional revisions and may have a delay of several months in availability.
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Citation
U.S. Federal Reserve, Share of Merchandise Imports at Current Purchasing Power Parities for Sweden (CSHMCPSEA156NRUG), retrieved from FRED.