Share of Merchandise Exports at Current Purchasing Power Parities for Dominican Republic
CSHXCPDOA156NRUG • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
0.07
Year-over-Year Change
-33.56%
Date Range
1/1/1951 - 1/1/2019
Summary
This economic trend measures the share of merchandise exports for the Dominican Republic, adjusted for purchasing power parity. It provides insights into the country's international trade competitiveness and export-driven economic growth.
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 important indicator of a country's export performance and global trade position. It reflects the relative purchasing power and competitiveness of a nation's exported goods and services in international markets.
Methodology
The data is calculated by the World Bank using exchange rates and price level ratios to adjust for differences in purchasing power across countries.
Historical Context
This metric is widely used by economists and policymakers to analyze a country's export-oriented development strategies and trade dynamics.
Key Facts
- The Dominican Republic's share of merchandise exports was 0.071 in 2020.
- Exports account for over 25% of the Dominican Republic's GDP.
- The country's top export products include gold, silver, tobacco, and medical instruments.
FAQs
Q: What does this economic trend measure?
A: This trend measures the share of merchandise exports for the Dominican Republic, adjusted for differences in purchasing power across countries using purchasing power parity (PPP) exchange rates.
Q: Why is this trend relevant for users or analysts?
A: This metric provides insights into the Dominican Republic's international trade competitiveness and the relative strength of its export-driven economic growth.
Q: How is this data collected or calculated?
A: The data is calculated by the World Bank using exchange rates and price level ratios to adjust for differences in purchasing power across countries.
Q: How is this trend used in economic policy?
A: Economists and policymakers use this metric to analyze the Dominican Republic's export-oriented development strategies and trade dynamics.
Q: Are there update delays or limitations?
A: The data is published annually by the World Bank, with a potential delay of 1-2 years.
Related Trends
Share of Gross Capital Formation at Current Purchasing Power Parities for Mexico
CSHICPMXA156NRUG
Share of Merchandise Exports at Current Purchasing Power Parities for Viet Nam
CSHXCPVNA156NRUG
Share of Gross Capital Formation at Current Purchasing Power Parities for Bulgaria
CSHICPBGA156NRUG
Share of Gross Capital Formation at Current Purchasing Power Parities for Austria
CSHICPATA156NRUG
Share of Residual Trade and GDP Statistical Discrepancy at Current Purchasing Power Parities for Cambodia
CSHRCPKHA156NRUG
Share of Gross Capital Formation at Current Purchasing Power Parities for Oman
CSHICPOMA156NRUG
Citation
U.S. Federal Reserve, Share of Merchandise Exports at Current Purchasing Power Parities for Dominican Republic (CSHXCPDOA156NRUG), retrieved from FRED.