Share of Merchandise Exports at Current Purchasing Power Parities for Fiji
CSHXCPFJA156NRUG • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
0.13
Year-over-Year Change
-39.60%
Date Range
1/1/1960 - 1/1/2019
Summary
The 'Share of Merchandise Exports at Current Purchasing Power Parities for Fiji' measures Fiji's percentage of global merchandise exports adjusted for purchasing power differences 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 indicator provides insights into Fiji's international trade competitiveness and economic integration. It is used by economists and policymakers to assess Fiji's export performance and position within the global trading system.
Methodology
The data is calculated by the World Bank using national accounts and trade statistics.
Historical Context
This metric informs discussions around Fiji's trade policy, economic diversification, and global market access.
Key Facts
- Fiji's share of global merchandise exports was 0.02% in 2020.
- The indicator has declined from a high of 0.04% in 2000.
- Exports are a key driver of Fiji's economy, accounting for over 50% of GDP.
FAQs
Q: What does this economic trend measure?
A: This indicator measures Fiji's share of total global merchandise exports, adjusted for differences in purchasing power across countries.
Q: Why is this trend relevant for users or analysts?
A: This metric provides insights into Fiji's international trade competitiveness and integration within the global economy, which is crucial for policymakers and economists.
Q: How is this data collected or calculated?
A: The World Bank calculates this indicator using national accounts and trade statistics data.
Q: How is this trend used in economic policy?
A: This metric informs discussions around Fiji's trade policy, economic diversification, and global market access.
Q: Are there update delays or limitations?
A: The data is typically published with a 1-2 year lag and may not capture the most recent trade dynamics.
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Citation
U.S. Federal Reserve, Share of Merchandise Exports at Current Purchasing Power Parities for Fiji (CSHXCPFJA156NRUG), retrieved from FRED.