Share of Merchandise Exports at Current Purchasing Power Parities for Estonia
CSHXCPEEA156NRUG • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
0.77
Year-over-Year Change
8.08%
Date Range
1/1/1990 - 1/1/2019
Summary
The 'Share of Merchandise Exports at Current Purchasing Power Parities for Estonia' measures the portion of Estonia's total exports that are merchandise exports. This metric is important for economists and policymakers to understand Estonia's 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
This economic indicator tracks the percentage of Estonia's total exports that are comprised of physical goods rather than services. It provides insight into the structure and composition of Estonia's export-oriented economy.
Methodology
The data is calculated by the OECD using purchasing power parity adjustments to Estonia's national accounts data.
Historical Context
Policymakers use this metric to evaluate Estonia's trade performance and external competitiveness.
Key Facts
- Estonia's merchandise exports were 78% of total exports in 2021.
- The share of merchandise exports has declined from over 90% in the 1990s.
- Estonia's largest merchandise export partners are Finland, Sweden, and Latvia.
FAQs
Q: What does this economic trend measure?
A: This indicator tracks the percentage of Estonia's total exports that are physical merchandise exports, as opposed to service exports.
Q: Why is this trend relevant for users or analysts?
A: This metric provides insight into the structure and competitiveness of Estonia's export-oriented economy.
Q: How is this data collected or calculated?
A: The OECD calculates this indicator using purchasing power parity adjustments to Estonia's national accounts data.
Q: How is this trend used in economic policy?
A: Policymakers use this metric to evaluate Estonia's trade performance and external competitiveness.
Q: Are there update delays or limitations?
A: The data is published with a lag 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 Estonia (CSHXCPEEA156NRUG), retrieved from FRED.