Share of Merchandise Exports at Current Purchasing Power Parities for Bosnia and Herzegovina
CSHXCPBAA156NRUG • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
0.29
Year-over-Year Change
31.16%
Date Range
1/1/1990 - 1/1/2019
Summary
This economic trend measures Bosnia and Herzegovina's share of global merchandise exports adjusted for purchasing power differences. It provides insights into the country's trade competitiveness and international 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 exports at current purchasing power parities (PPPs) tracks Bosnia and Herzegovina's exports as a percentage of total global exports, with adjustments made to account for differences in domestic purchasing power. This metric offers valuable perspectives on the country's trade position and competitive trade advantages.
Methodology
The data is calculated by the World Bank based on national accounts and trade statistics.
Historical Context
This trend is used by economists and policymakers to analyze Bosnia and Herzegovina's trade dynamics and integration within the global economy.
Key Facts
- Bosnia and Herzegovina's share of global merchandise exports was 0.02% in 2020.
- The country's export share has remained relatively stable over the past decade.
- Exports play a significant role in Bosnia and Herzegovina's economy, accounting for over 50% of its GDP.
FAQs
Q: What does this economic trend measure?
A: This trend measures Bosnia and Herzegovina'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: This metric provides insights into Bosnia and Herzegovina's trade competitiveness and integration within the global economy, which is crucial for understanding the country's economic performance and development.
Q: How is this data collected or calculated?
A: The data is calculated by the World Bank based on national accounts and trade statistics.
Q: How is this trend used in economic policy?
A: Economists and policymakers use this trend to analyze Bosnia and Herzegovina's trade dynamics and inform policies aimed at improving the country's export performance and international economic integration.
Q: Are there update delays or limitations?
A: The data is typically updated annually by the World Bank, and there may be some delays in the availability of the most recent figures.
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Citation
U.S. Federal Reserve, Share of Merchandise Exports at Current Purchasing Power Parities for Bosnia and Herzegovina (CSHXCPBAA156NRUG), retrieved from FRED.