Share of Merchandise Exports at Current Purchasing Power Parities for Barbados
CSHXCPBBA156NRUG • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
0.18
Year-over-Year Change
92.30%
Date Range
1/1/1960 - 1/1/2019
Summary
This economic trend measures Barbados' share of global merchandise exports adjusted for purchasing power parity. It provides insights into the country's international trade competitiveness and economic performance.
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 for Barbados tracks the nation's proportion of total global merchandise exports, with adjustments made to account for differences in domestic purchasing power. This metric is used by economists and policymakers to assess Barbados' trade position and overall economic standing relative to other countries.
Methodology
The data is calculated by the World Bank using national accounts and trade statistics.
Historical Context
This trend informs trade and economic policy decisions for Barbados and its trading partners.
Key Facts
- Barbados' share of global merchandise exports was 0.02% in 2020.
- The country's export share has remained relatively stable over the past decade.
- Purchasing power parity adjustments are made to account for cost-of-living differences.
FAQs
Q: What does this economic trend measure?
A: This trend measures Barbados' share of total global merchandise exports, with adjustments made for differences in domestic purchasing power.
Q: Why is this trend relevant for users or analysts?
A: This metric provides insights into Barbados' international trade competitiveness and overall economic performance relative to other countries.
Q: How is this data collected or calculated?
A: The World Bank calculates this trend using national accounts and trade statistics.
Q: How is this trend used in economic policy?
A: This trend informs trade and economic policy decisions for Barbados and its trading partners.
Q: Are there update delays or limitations?
A: The data is subject to the availability and publication schedule of the World Bank.
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Citation
U.S. Federal Reserve, Share of Merchandise Exports at Current Purchasing Power Parities for Barbados (CSHXCPBBA156NRUG), retrieved from FRED.