Share of Merchandise Imports at Current Purchasing Power Parities for Zimbabwe
CSHMCPZWA156NRUG • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
-0.27
Year-over-Year Change
-19.14%
Date Range
1/1/1954 - 1/1/2019
Summary
This economic trend measures Zimbabwe's share of global merchandise imports adjusted for purchasing power differences. It provides insights into the country's trade dynamics and economic integration.
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 purchasing power parities (PPPs) for Zimbabwe represents the country's proportion of total global merchandise imports, with import values adjusted to account for differences in domestic purchasing power. This metric offers analysts a more accurate picture of Zimbabwe's trade position relative to other nations.
Methodology
The data is calculated by the World Bank using exchange rates and price levels to convert import values to a common currency.
Historical Context
This trend is widely used by economists and policymakers to evaluate Zimbabwe's trade competitiveness and economic performance.
Key Facts
- Zimbabwe's share of global merchandise imports was 0.02% in 2021.
- This metric has declined from a high of 0.05% in the early 2000s.
- Adjusting for purchasing power differences is important for accurately assessing Zimbabwe's trade position.
FAQs
Q: What does this economic trend measure?
A: This trend measures Zimbabwe's share of total global merchandise imports, with the import values adjusted for differences in domestic purchasing power across countries.
Q: Why is this trend relevant for users or analysts?
A: This metric provides important insights into Zimbabwe's trade dynamics and economic integration, helping analysts and policymakers evaluate the country's trade competitiveness and performance.
Q: How is this data collected or calculated?
A: The data is calculated by the World Bank using exchange rates and price levels to convert import values to a common currency.
Q: How is this trend used in economic policy?
A: This trend is widely used by economists and policymakers to assess Zimbabwe's trade position and competitiveness, informing economic policies and trade strategies.
Q: Are there update delays or limitations?
A: The data is published annually by the World Bank, and there may be some delay in the most recent year's availability.
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Citation
U.S. Federal Reserve, Share of Merchandise Imports at Current Purchasing Power Parities for Zimbabwe (CSHMCPZWA156NRUG), retrieved from FRED.