Share of Merchandise Exports at Current Purchasing Power Parities for Belarus
CSHXCPBYA156NRUG • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
0.25
Year-over-Year Change
-12.79%
Date Range
1/1/1990 - 1/1/2019
Summary
The 'Share of Merchandise Exports at Current Purchasing Power Parities for Belarus' tracks the proportion of a country's total exports that are merchandise goods. This metric is important for understanding a nation's trade dynamics and economic structure.
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
This indicator represents Belarus's merchandise exports as a percentage of its total exports, adjusted for purchasing power parity. It provides insights into the composition and competitiveness of the country's export sector, which is crucial for economic analysis and policymaking.
Methodology
The data is calculated by the World Bank using national accounts and balance of payments statistics.
Historical Context
Policymakers and economists use this metric to evaluate a country's export diversification, trade specialization, and overall economic development.
Key Facts
- Belarus's merchandise exports account for over 60% of its total exports.
- The share of merchandise exports has been declining in recent years.
- Improving the competitiveness of Belarus's export sector is a key economic policy priority.
FAQs
Q: What does this economic trend measure?
A: This indicator tracks the proportion of Belarus's total exports that are merchandise goods, adjusted for purchasing power parity.
Q: Why is this trend relevant for users or analysts?
A: This metric provides insights into the composition and competitiveness of Belarus's export sector, which is crucial for economic analysis and policymaking.
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: Policymakers and economists use this metric to evaluate a country's export diversification, trade specialization, and overall economic development.
Q: Are there update delays or limitations?
A: The data may have a delay of several months and may not capture the most recent economic conditions.
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Citation
U.S. Federal Reserve, Share of Merchandise Exports at Current Purchasing Power Parities for Belarus (CSHXCPBYA156NRUG), retrieved from FRED.