Share of Merchandise Exports at Current Purchasing Power Parities for Comoros
CSHXCPKMA156NRUG • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
0.08
Year-over-Year Change
29.68%
Date Range
1/1/1960 - 1/1/2019
Summary
This trend measures Comoros' share of merchandise exports as a percentage of global merchandise exports, adjusted for purchasing power parity. It provides insights into the country's international trade position and competitiveness.
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 for Comoros tracks the relative importance of the country's exports in the global trade landscape. It accounts for differences in price levels between Comoros and its trading partners, offering a more accurate representation of export values.
Methodology
The data is calculated by the World Bank using exchange rates and price levels to convert Comoros' exports to a common currency and purchasing power basis.
Historical Context
This metric is useful for policymakers and economists to assess Comoros' trade performance and integration within the global economy.
Key Facts
- Comoros' share of global merchandise exports was 0.001% in 2020.
- The country's export share has remained relatively stable over the past decade.
- Comoros is a small island nation heavily dependent on agricultural and fishery exports.
FAQs
Q: What does this economic trend measure?
A: This trend measures Comoros' share of global merchandise exports, adjusted for differences in purchasing power between Comoros and its trading partners.
Q: Why is this trend relevant for users or analysts?
A: This metric provides insights into Comoros' trade performance and competitiveness within the global economy, which is useful for policymakers and economists.
Q: How is this data collected or calculated?
A: The data is calculated by the World Bank using exchange rates and price levels to convert Comoros' exports to a common currency and purchasing power basis.
Q: How is this trend used in economic policy?
A: This trend is used by policymakers and economists to assess Comoros' trade position and integration within the global economy, which can inform trade and economic development policies.
Q: Are there update delays or limitations?
A: The data is published annually by the World Bank, so there may be a delay of up to a year in the most recent data.
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Citation
U.S. Federal Reserve, Share of Merchandise Exports at Current Purchasing Power Parities for Comoros (CSHXCPKMA156NRUG), retrieved from FRED.