Share of Merchandise Exports at Current Purchasing Power Parities for Gambia
CSHXCPGMA156NRUG • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
0.01
Year-over-Year Change
62.01%
Date Range
1/1/1960 - 1/1/2019
Summary
This economic trend measures Gambia's share of global merchandise exports adjusted for purchasing power parity. It provides insights into the country's trade competitiveness and economic integration.
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 tracks Gambia's exports as a percentage of global exports, with adjustments made to account for differences in domestic purchasing power. This metric is used by economists and policymakers to evaluate a country'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 informs economic and trade policy decisions for Gambia and its trading partners.
Key Facts
- Gambia's share of global merchandise exports was 0.0009% in 2020.
- Exports account for around 30% of Gambia's GDP.
- Gambia's top export partners are India, China, and the United Kingdom.
FAQs
Q: What does this economic trend measure?
A: This trend measures Gambia's share of global merchandise exports, adjusted for differences in domestic purchasing power.
Q: Why is this trend relevant for users or analysts?
A: This metric provides insights into Gambia's trade competitiveness and economic integration with the global market.
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: This trend informs economic and trade policy decisions for Gambia and its trading partners.
Q: Are there update delays or limitations?
A: The data is published annually with a lag, and may not capture short-term fluctuations in Gambia's trade dynamics.
Related Trends
Share of Gross Capital Formation at Current Purchasing Power Parities for Honduras
CSHICPHNA156NRUG
Share of Household Consumption at Current Purchasing Power Parities for Netherlands
CSHCCPNLA156NRUG
Share of Residual Trade and GDP Statistical Discrepancy at Current Purchasing Power Parities for Nigeria
CSHRCPNGA156NRUG
Share of Residual Trade and GDP Statistical Discrepancy at Current Purchasing Power Parities for El Salvador
CSHRCPSVA156NRUG
Share of Residual Trade and GDP Statistical Discrepancy at Current Purchasing Power Parities for Iraq
CSHRCPIQA156NRUG
Share of Government Consumption at Current Purchasing Power Parities for Thailand
CSHGCPTHA156NRUG
Citation
U.S. Federal Reserve, Share of Merchandise Exports at Current Purchasing Power Parities for Gambia (CSHXCPGMA156NRUG), retrieved from FRED.