Share of Merchandise Exports at Current Purchasing Power Parities for Finland
CSHXCPFIA156NRUG • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
0.43
Year-over-Year Change
-27.72%
Date Range
1/1/1950 - 1/1/2019
Summary
This economic trend measures Finland's share of total global merchandise exports adjusted for differences in purchasing power across countries. It provides insights into Finland's competitiveness in international trade.
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 (PPPs) tracks Finland's percentage of total global merchandise exports, weighted by each country's relative purchasing power. This metric offers a more accurate picture of Finland's trade position compared to using market exchange rates.
Methodology
The data is calculated by the OECD using Finland's export values and PPP exchange rates.
Historical Context
This trend is used by economists and policymakers to analyze Finland's trade performance and international competitiveness.
Key Facts
- Finland's share of global merchandise exports was 0.51% in 2021.
- Finland's trade-weighted export share has declined from a peak of 0.59% in 2008.
- The PPP adjustment accounts for differences in relative prices across countries.
FAQs
Q: What does this economic trend measure?
A: This trend measures Finland's share of total global merchandise exports, adjusted for differences in purchasing power across countries using PPP exchange rates.
Q: Why is this trend relevant for users or analysts?
A: This metric provides a more accurate picture of Finland's trade competitiveness compared to using market exchange rates, which can be distorted by price level differences between countries.
Q: How is this data collected or calculated?
A: The data is calculated by the OECD using Finland's export values and purchasing power parity (PPP) exchange rates.
Q: How is this trend used in economic policy?
A: Economists and policymakers use this trend to analyze Finland's trade performance and international competitiveness, which can inform trade, industrial, and macroeconomic policies.
Q: Are there update delays or limitations?
A: The data is published with a lag, and the PPP adjustments may not fully capture all price level differences across countries.
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Citation
U.S. Federal Reserve, Share of Merchandise Exports at Current Purchasing Power Parities for Finland (CSHXCPFIA156NRUG), retrieved from FRED.