Share of Merchandise Exports at Current Purchasing Power Parities for Bahamas
CSHXCPBSA156NRUG • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
0.55
Year-over-Year Change
3.06%
Date Range
1/1/1970 - 1/1/2019
Summary
This economic trend measures the share of merchandise exports from the Bahamas at current purchasing power parities. It provides insights into the country's international trade dynamics and competitiveness.
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 is an indicator of a country's export performance relative to its economic size. It helps analyze the Bahamas' trade position and integration within the global economy.
Methodology
The data is calculated by the World Bank using a combination of national account statistics and exchange rate information.
Historical Context
This trend is used by economists and policymakers to assess the Bahamas' export-oriented growth strategies and trade policies.
Key Facts
- The Bahamas is a small island nation in the Caribbean.
- Merchandise exports account for a significant portion of the Bahamas' GDP.
- The country's export competitiveness is influenced by its exchange rate and trade policies.
FAQs
Q: What does this economic trend measure?
A: This trend measures the share of merchandise exports from the Bahamas relative to its economic size, using purchasing power parity exchange rates.
Q: Why is this trend relevant for users or analysts?
A: This trend provides insights into the Bahamas' export performance and competitiveness, which are important factors for assessing the country's economic growth and trade policies.
Q: How is this data collected or calculated?
A: The data is calculated by the World Bank using a combination of national account statistics and exchange rate information.
Q: How is this trend used in economic policy?
A: Economists and policymakers use this trend to evaluate the Bahamas' export-oriented growth strategies and trade policies, and to analyze the country's integration within the global economy.
Q: Are there update delays or limitations?
A: The data may be subject to periodic revisions and updates 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 Bahamas (CSHXCPBSA156NRUG), retrieved from FRED.