Share of Merchandise Exports at Current Purchasing Power Parities for Ethiopia
CSHXCPETA156NRUG • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
0.01
Year-over-Year Change
-67.09%
Date Range
1/1/1950 - 1/1/2019
Summary
This economic trend measures Ethiopia's share of global merchandise exports adjusted for purchasing power parity. It provides insights into the country's trade competitiveness and international economic standing.
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 (PPP) for Ethiopia represents the country's exports as a percentage of global exports, with adjustments made to account for differences in domestic price levels. This metric is used by economists and policymakers to assess Ethiopia's trade performance and global economic integration.
Methodology
The data is calculated by the World Bank using national accounts and trade statistics.
Historical Context
This trend is relevant for understanding Ethiopia's export-driven economic development and trade policy.
Key Facts
- Ethiopia's share of global merchandise exports was 0.06% in 2020.
- Ethiopia's exports-to-GDP ratio was 8.2% in 2020.
- China is Ethiopia's largest export destination, accounting for 13.6% of exports in 2020.
FAQs
Q: What does this economic trend measure?
A: This trend measures Ethiopia's share of global merchandise exports, adjusted for differences in purchasing power across countries. It provides insight into Ethiopia's trade competitiveness and economic integration.
Q: Why is this trend relevant for users or analysts?
A: This trend is important for understanding Ethiopia's export performance and trade dynamics, which are key drivers of the country's economic development.
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: Policymakers and economists use this trend to assess Ethiopia's export competitiveness and inform trade and industrial policies aimed at promoting exports and economic growth.
Q: Are there update delays or limitations?
A: The data is published annually by the World Bank, with some delay in reporting. There may be limitations in accurately capturing informal cross-border trade activities.
Related Trends
Share of Gross Capital Formation at Current Purchasing Power Parities for Guatemala
CSHICPGTA156NRUG
Share of Gross Capital Formation at Current Purchasing Power Parities for Latvia
CSHICPLVA156NRUG
Share of Gross Capital Formation at Current Purchasing Power Parities for Mozambique
CSHICPMZA156NRUG
Share of Household Consumption at Current Purchasing Power Parities for Estonia
CSHCCPEEA156NRUG
Share of Merchandise Imports at Current Purchasing Power Parities for Israel
CSHMCPILA156NRUG
Share of Residual Trade and GDP Statistical Discrepancy at Current Purchasing Power Parities for Fiji
CSHRCPFJA156NRUG
Citation
U.S. Federal Reserve, Share of Merchandise Exports at Current Purchasing Power Parities for Ethiopia (CSHXCPETA156NRUG), retrieved from FRED.