Share of Merchandise Exports at Current Purchasing Power Parities for Kenya
CSHXCPKEA156NRUG • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
0.04
Year-over-Year Change
-47.00%
Date Range
1/1/1950 - 1/1/2019
Summary
The 'Share of Merchandise Exports at Current Purchasing Power Parities for Kenya' measures Kenya's relative position in global trade. It is an important economic indicator for understanding Kenya's export competitiveness and integration into 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
This series represents Kenya's merchandise exports as a percentage of the global total, adjusted for differences in purchasing power across countries. It provides insights into Kenya's trade dynamics and trade policy effectiveness.
Methodology
The data is compiled by the World Bank using national accounts and purchasing power parity estimates.
Historical Context
Policymakers and analysts use this trend to assess Kenya's trade performance and competitiveness.
Key Facts
- Kenya's merchandise exports accounted for 0.05% of global exports in 2020.
- Kenya's trade share has remained relatively stable over the past decade.
- Diversifying Kenya's export base is a key economic policy objective.
FAQs
Q: What does this economic trend measure?
A: This trend measures Kenya's share of global merchandise exports, adjusted for differences in purchasing power across countries.
Q: Why is this trend relevant for users or analysts?
A: This trend provides insights into Kenya's trade performance, export competitiveness, and integration into the global economy, which are important for policymakers and investors.
Q: How is this data collected or calculated?
A: The data is compiled by the World Bank using national accounts and purchasing power parity estimates.
Q: How is this trend used in economic policy?
A: Policymakers and analysts use this trend to assess Kenya's trade dynamics and the effectiveness of its trade policies, which can inform decisions on trade agreements, export promotion, and industrial development.
Q: Are there update delays or limitations?
A: The data is updated annually, and there may be some delays in the release of the latest figures.
Related Trends
Share of Merchandise Exports at Current Purchasing Power Parities for India
CSHXCPINA156NRUG
Share of Government Consumption at Current Purchasing Power Parities for Cameroon
CSHGCPCMA156NRUG
Share of Gross Capital Formation at Current Purchasing Power Parities for Djibouti
CSHICPDJA156NRUG
Share of Government Consumption at Current Purchasing Power Parities for Bosnia and Herzegovina
CSHGCPBAA156NRUG
Share of Merchandise Exports at Current Purchasing Power Parities for Pakistan
CSHXCPPKA156NRUG
Share of Gross Capital Formation at Current Purchasing Power Parities for Croatia
CSHICPHRA156NRUG
Citation
U.S. Federal Reserve, Share of Merchandise Exports at Current Purchasing Power Parities for Kenya (CSHXCPKEA156NRUG), retrieved from FRED.