Share of Merchandise Exports at Current Purchasing Power Parities for Bulgaria
CSHXCPBGA156NRUG • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
0.33
Year-over-Year Change
19.00%
Date Range
1/1/1970 - 1/1/2019
Summary
This economic trend measures Bulgaria's share of global merchandise exports adjusted for purchasing power differences across countries. It provides insights into Bulgaria's trade competitiveness and integration within the global economy.
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 Bulgaria tracks the country's percentage of total world merchandise exports, with exchange rates adjusted to account for differences in domestic purchasing power. This metric offers a more accurate representation of Bulgaria's trade position compared to using unadjusted exchange rates.
Methodology
The data is calculated by the World Bank using national accounts and balance of payments statistics.
Historical Context
This trend is closely monitored by policymakers and analysts to assess Bulgaria's trade performance and global economic influence.
Key Facts
- Bulgaria's share of global merchandise exports was 0.08% in 2020.
- The trend has increased from 0.05% in 2000 to 0.08% in 2020.
- Bulgaria's share is lower than neighboring Romania's at 0.44% in 2020.
FAQs
Q: What does this economic trend measure?
A: This trend measures Bulgaria's share of total global merchandise exports, with exchange rates 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 Bulgaria's trade competitiveness and integration within the global economy, which is important for policymakers and analysts assessing the country's economic performance.
Q: How is this data collected or calculated?
A: The data is calculated by the World Bank using national accounts and balance of payments statistics.
Q: How is this trend used in economic policy?
A: This trend is closely monitored by policymakers and analysts to assess Bulgaria's trade performance and global economic influence, which can inform trade, investment, and macroeconomic policies.
Q: Are there update delays or limitations?
A: The data is published annually with a lag, so the most recent year may not be immediately available.
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Citation
U.S. Federal Reserve, Share of Merchandise Exports at Current Purchasing Power Parities for Bulgaria (CSHXCPBGA156NRUG), retrieved from FRED.