Share of Merchandise Exports at Current Purchasing Power Parities for Egypt
CSHXCPEGA156NRUG • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
0.03
Year-over-Year Change
-35.22%
Date Range
1/1/1950 - 1/1/2019
Summary
The 'Share of Merchandise Exports at Current Purchasing Power Parities for Egypt' measures Egypt's merchandise exports as a percentage of global merchandise exports, adjusting 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 trend represents Egypt's share of global merchandise exports, which is an important indicator of the country's trade competitiveness and integration in the global economy. Economists and policymakers use this data to analyze Egypt's trade dynamics and its position in global trade flows.
Methodology
The data is calculated by the World Bank using exchange rates and purchasing power parities.
Historical Context
This trend is relevant for assessing Egypt's trade policies and competitiveness in international markets.
Key Facts
- Egypt's share of global merchandise exports was 0.15% in 2020.
- This trend has declined from a high of 0.20% in 2010.
- Egypt's largest export partners are the United Arab Emirates, Italy, and Saudi Arabia.
FAQs
Q: What does this economic trend measure?
A: This trend measures Egypt's merchandise exports as a percentage of total global merchandise exports, adjusting for differences in purchasing power across countries.
Q: Why is this trend relevant for users or analysts?
A: This trend is relevant for assessing Egypt's trade competitiveness and integration in the global economy, which is important for policymakers and economists analyzing the country's economic performance and trade dynamics.
Q: How is this data collected or calculated?
A: The data is calculated by the World Bank using exchange rates and purchasing power parities.
Q: How is this trend used in economic policy?
A: This trend is used by economists and policymakers to evaluate Egypt's trade policies and competitiveness in international markets, which can inform decisions on trade agreements, export promotion, and economic development strategies.
Q: Are there update delays or limitations?
A: The data is published annually with a delay, and may not capture short-term fluctuations in Egypt's trade performance.
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Citation
U.S. Federal Reserve, Share of Merchandise Exports at Current Purchasing Power Parities for Egypt (CSHXCPEGA156NRUG), retrieved from FRED.