Share of Merchandise Exports at Current Purchasing Power Parities for Cote d'Ivoire
CSHXCPCIA156NRUG • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
0.17
Year-over-Year Change
-45.49%
Date Range
1/1/1960 - 1/1/2019
Summary
This economic trend measures Cote d'Ivoire's share of global merchandise exports adjusted for purchasing power parity. It provides insight into the country'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 Cote d'Ivoire represents the country's portion of total world merchandise exports, factoring in price differences across countries. This metric is used by economists to analyze Cote d'Ivoire's trade performance and economic standing relative to other nations.
Methodology
The data is calculated by the World Bank using exchange rates and price levels to adjust for purchasing power parity.
Historical Context
Policymakers and analysts utilize this trend to gauge Cote d'Ivoire's trade competitiveness and integration within the global marketplace.
Key Facts
- Cote d'Ivoire's global trade share was 0.07% in 2020.
- The country's trade share has fluctuated between 0.06-0.08% over the past decade.
- Adjusting for purchasing power parity is important for accurate international comparisons.
FAQs
Q: What does this economic trend measure?
A: This trend measures Cote d'Ivoire's share of global merchandise exports, adjusted for differences in purchasing power across countries.
Q: Why is this trend relevant for users or analysts?
A: This metric provides insight into Cote d'Ivoire's trade competitiveness and integration within the global economy, which is important for policymakers and economists analyzing the country's economic performance.
Q: How is this data collected or calculated?
A: The data is calculated by the World Bank using exchange rates and price levels to adjust for purchasing power parity.
Q: How is this trend used in economic policy?
A: Policymakers and analysts utilize this trend to gauge Cote d'Ivoire's trade competitiveness and integration within the global marketplace, which informs trade and economic policies.
Q: Are there update delays or limitations?
A: The data is published annually by the World Bank, so there may be a delay of up to a year before the most recent information is available.
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Citation
U.S. Federal Reserve, Share of Merchandise Exports at Current Purchasing Power Parities for Cote d'Ivoire (CSHXCPCIA156NRUG), retrieved from FRED.