Share of Merchandise Exports at Current Purchasing Power Parities for Cyprus
CSHXCPCYA156NRUG • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
0.18
Year-over-Year Change
84.82%
Date Range
1/1/1950 - 1/1/2019
Summary
The Share of Merchandise Exports at Current Purchasing Power Parities for Cyprus measures the proportion of a country's total exports that are merchandise exports, adjusted for differences in purchasing power across countries.
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 series provides insights into the composition and competitiveness of a country's exports. It is used by economists and policymakers to analyze trade patterns, assess a country's participation in global value chains, and evaluate its export-driven growth strategies.
Methodology
The data is calculated by the World Bank using national accounts and trade statistics.
Historical Context
This metric is closely watched by trade analysts and economic policy institutions.
Key Facts
- Cyprus is a small, open economy with a large services sector.
- Merchandise exports account for around 15% of Cyprus's total exports.
- The share of merchandise exports has remained relatively stable over the past decade.
FAQs
Q: What does this economic trend measure?
A: This metric measures the proportion of a country's total exports that are merchandise exports, adjusted for differences in purchasing power across countries.
Q: Why is this trend relevant for users or analysts?
A: This series provides insights into the composition and competitiveness of a country's exports, which is useful for analyzing trade patterns, assessing participation in global value chains, and evaluating export-driven growth strategies.
Q: How is this data collected or calculated?
A: The data is calculated by the World Bank using national accounts and trade statistics.
Q: How is this trend used in economic policy?
A: This metric is closely watched by trade analysts and economic policy institutions to understand a country's export performance and competitiveness.
Q: Are there update delays or limitations?
A: The data is published annually with a lag, and may not capture the most recent changes in a country's export composition.
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Citation
U.S. Federal Reserve, Share of Merchandise Exports at Current Purchasing Power Parities for Cyprus (CSHXCPCYA156NRUG), retrieved from FRED.