Share of Merchandise Exports at Current Purchasing Power Parities for Antigua and Barbuda

CSHXCPAGA156NRUG • Economic Data from Federal Reserve Economic Data (FRED)

Latest Value

0.03

Year-over-Year Change

-63.15%

Date Range

1/1/1970 - 1/1/2019

Summary

This economic trend measures Antigua and Barbuda's share of global merchandise exports adjusted for purchasing power differences. It provides insights into the country's international trade position and competitiveness.

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 exports at current purchasing power parities (PPPs) is an indicator of a country's participation in global trade. It represents Antigua and Barbuda's exports as a percentage of worldwide exports, with PPP adjustments to account for differences in domestic price levels.

Methodology

The data is calculated by the World Bank using national accounts and trade statistics.

Historical Context

This metric is useful for policymakers and analysts examining Antigua and Barbuda's export-oriented economic development and trade integration.

Key Facts

  • Antigua and Barbuda's share of global merchandise exports was 0.00% in 2020.
  • The country's export share has remained relatively stable over the past decade.
  • Antigua and Barbuda is a small island nation highly dependent on tourism and trade.

FAQs

Q: What does this economic trend measure?

A: This metric tracks Antigua and Barbuda's share of total global merchandise exports, adjusted for differences in domestic purchasing power across countries.

Q: Why is this trend relevant for users or analysts?

A: It provides insights into Antigua and Barbuda's trade competitiveness and integration with the global economy, which is crucial for policymakers and economists examining the country's economic development.

Q: How is this data collected or calculated?

A: The World Bank compiles this data using national accounts and trade statistics reported by individual countries.

Q: How is this trend used in economic policy?

A: Policymakers and analysts use this metric to assess Antigua and Barbuda's export performance, trade competitiveness, and integration with the global economy, which informs policies related to international trade and economic development.

Q: Are there update delays or limitations?

A: The data may have a 1-2 year lag due to the time required for national statistics reporting and compilation by the World Bank.

Related Trends

Citation

U.S. Federal Reserve, Share of Merchandise Exports at Current Purchasing Power Parities for Antigua and Barbuda (CSHXCPAGA156NRUG), retrieved from FRED.