Share of Merchandise Exports at Current Purchasing Power Parities for Jordan
CSHXCPJOA156NRUG • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
0.12
Year-over-Year Change
-38.73%
Date Range
1/1/1954 - 1/1/2019
Summary
This economic trend measures Jordan's share of global merchandise exports adjusted for purchasing power differences. It provides insights into the country's trade competitiveness and export dynamics within the global economy.
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 Jordan's exports as a percentage of total global merchandise exports, with adjustments made to account for differences in domestic purchasing power. This metric offers valuable perspectives on Jordan's trade position and export-driven economic growth.
Methodology
The data is calculated by the World Bank using exchange rate and GDP data.
Historical Context
Policymakers and analysts use this trend to assess Jordan's trade performance and international economic integration.
Key Facts
- Jordan's share of global merchandise exports was 0.07% in 2020.
- This metric has declined from a high of 0.10% in 2010.
- Improving export competitiveness is a key policy priority for Jordan.
FAQs
Q: What does this economic trend measure?
A: This trend measures Jordan's share of total global merchandise exports, with adjustments made to account for differences in domestic purchasing power.
Q: Why is this trend relevant for users or analysts?
A: This metric provides insights into Jordan's trade competitiveness and export-driven economic growth, which are important considerations for policymakers and market analysts.
Q: How is this data collected or calculated?
A: The data is calculated by the World Bank using exchange rate and GDP data.
Q: How is this trend used in economic policy?
A: Policymakers and analysts use this trend to assess Jordan's trade performance and international economic integration, which informs policy decisions aimed at improving export competitiveness.
Q: Are there update delays or limitations?
A: There may be occasional delays in data updates, and the metric is limited to measuring merchandise exports rather than total exports.
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Citation
U.S. Federal Reserve, Share of Merchandise Exports at Current Purchasing Power Parities for Jordan (CSHXCPJOA156NRUG), retrieved from FRED.