Share of Merchandise Imports at Current Purchasing Power Parities for Yemen
CSHMCPYEA156NRUG • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
-0.14
Year-over-Year Change
-24.80%
Date Range
1/1/1989 - 1/1/2019
Summary
The 'Share of Merchandise Imports at Current Purchasing Power Parities for Yemen' measures the relative value of Yemen's imports compared to other countries. This economic indicator provides insights into Yemen's trade dynamics and international economic positioning.
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 series represents the share of Yemen's merchandise imports as a percentage of total world imports, adjusted for differences in purchasing power across countries. It offers a standardized view of Yemen's import activity in the global economy.
Methodology
The data is calculated by the World Bank using exchange rates and price levels to determine purchasing power parity.
Historical Context
Policymakers and analysts use this metric to assess Yemen's trade competitiveness and integration within the global market.
Key Facts
- Yemen's import share peaked at 0.04% in 2014.
- The metric has declined since 2014, indicating Yemen's decreasing presence in global trade.
- Purchasing power parity adjustments help provide a more accurate picture of Yemen's trade position.
FAQs
Q: What does this economic trend measure?
A: This metric measures the share of Yemen's merchandise imports relative to total global 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 Yemen's trade dynamics and economic positioning within the global market, which is useful for policymakers and analysts.
Q: How is this data collected or calculated?
A: The data is calculated by the World Bank using exchange rates and price levels to determine purchasing power parity.
Q: How is this trend used in economic policy?
A: Policymakers and analysts use this metric to assess Yemen's trade competitiveness and integration within the global economy.
Q: Are there update delays or limitations?
A: The data may be subject to periodic updates and revisions by the World Bank, and can be influenced by factors such as exchange rate fluctuations and changes in global trade patterns.
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Citation
U.S. Federal Reserve, Share of Merchandise Imports at Current Purchasing Power Parities for Yemen (CSHMCPYEA156NRUG), retrieved from FRED.