Share of Merchandise Exports at Current Purchasing Power Parities for Albania
CSHXCPALA156NRUG • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
0.13
Year-over-Year Change
50.76%
Date Range
1/1/1970 - 1/1/2019
Summary
This economic trend measures Albania's share of global merchandise exports adjusted for purchasing power parity. It provides insights into the country's trade competitiveness and export potential.
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 (PPP) represents Albania's contribution to global merchandise trade, factoring in differences in domestic price levels. This metric is used by economists and policymakers to evaluate Albania's export performance and trade integration.
Methodology
The data is calculated by the World Bank using national accounts and trade statistics.
Historical Context
Policymakers and analysts use this trend to assess Albania's trade dynamics and competitiveness in global markets.
Key Facts
- Albania's share of global merchandise exports was 0.02% in 2020.
- The metric has trended upward since the early 2000s, indicating growing trade integration.
- Albania's export share is low compared to larger economies in the region.
FAQs
Q: What does this economic trend measure?
A: This trend measures Albania's share of global merchandise exports, adjusted for differences in domestic price levels using purchasing power parity.
Q: Why is this trend relevant for users or analysts?
A: This metric provides insights into Albania's trade competitiveness and export potential, which are important factors for economic growth and development.
Q: How is this data collected or calculated?
A: The data is calculated by the World Bank using national accounts and trade statistics.
Q: How is this trend used in economic policy?
A: Policymakers and analysts use this trend to assess Albania's trade dynamics and competitiveness in global markets, which can inform trade and economic policies.
Q: Are there update delays or limitations?
A: The data is published annually with a lag, and may not capture short-term fluctuations in Albania's export performance.
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Citation
U.S. Federal Reserve, Share of Merchandise Exports at Current Purchasing Power Parities for Albania (CSHXCPALA156NRUG), retrieved from FRED.