Share of Merchandise Exports at Current Purchasing Power Parities for Brunei Darussalam
CSHXCPBNA156NRUG • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
0.47
Year-over-Year Change
-12.78%
Date Range
1/1/1970 - 1/1/2019
Summary
This economic trend measures Brunei Darussalam's share of total global merchandise exports adjusted for purchasing power differences. It provides insights into the country's international trade competitiveness and economic influence.
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 Brunei Darussalam tracks the nation's contribution to global merchandise exports, accounting for differences in domestic purchasing power. This metric is used by economists and policymakers to assess Brunei's trade position and economic standing relative to other countries.
Methodology
The data is calculated by the World Bank using national accounts and exchange rate information.
Historical Context
This trend offers valuable context for understanding Brunei's role in the global trading system and can inform trade, investment, and economic policy decisions.
Key Facts
- Brunei's share of global merchandise exports was 0.02% in 2020.
- The trend has fluctuated between 0.02% and 0.04% over the past decade.
- Brunei's exports are dominated by refined petroleum, natural gas, and palm oil.
FAQs
Q: What does this economic trend measure?
A: This trend measures Brunei Darussalam'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 Brunei's international trade competitiveness and economic influence, which is valuable for policymakers, investors, and analysts studying global trade dynamics.
Q: How is this data collected or calculated?
A: The data is calculated by the World Bank using national accounts and exchange rate information.
Q: How is this trend used in economic policy?
A: This trend offers valuable context for understanding Brunei's role in the global trading system and can inform trade, investment, and economic policy decisions.
Q: Are there update delays or limitations?
A: The data is subject to the availability and timeliness of national accounts and exchange rate information provided by Brunei Darussalam.
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Citation
U.S. Federal Reserve, Share of Merchandise Exports at Current Purchasing Power Parities for Brunei Darussalam (CSHXCPBNA156NRUG), retrieved from FRED.