Share of Merchandise Exports at Current Purchasing Power Parities for Lao People's Democratic Republic
CSHXCPLAA156NRUG • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
0.19
Year-over-Year Change
68.88%
Date Range
1/1/1970 - 1/1/2019
Summary
This economic indicator measures the share of Lao PDR's merchandise exports at current purchasing power parities. It provides insights into the country's trade dynamics and competitiveness 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 reflects Lao PDR's participation in international trade. It is a useful metric for analyzing the country's export-oriented development strategy and its position in global value chains.
Methodology
The data is calculated based on national accounts and trade statistics reported by the Lao government.
Historical Context
Policymakers and economists use this indicator to assess Lao PDR's economic performance and trade policy effectiveness.
Key Facts
- Lao PDR is a landlocked country in Southeast Asia.
- Merchandise exports account for a significant portion of Lao PDR's GDP.
- The country has pursued an export-oriented development strategy in recent decades.
FAQs
Q: What does this economic trend measure?
A: This indicator measures the share of Lao PDR's merchandise exports at current purchasing power parities, providing insights into the country's trade dynamics and global competitiveness.
Q: Why is this trend relevant for users or analysts?
A: This trend is relevant for understanding Lao PDR's export-oriented development strategy and its position in global value chains, which is crucial for policymakers and economists analyzing the country's economic performance.
Q: How is this data collected or calculated?
A: The data is calculated based on national accounts and trade statistics reported by the Lao government.
Q: How is this trend used in economic policy?
A: Policymakers and economists use this indicator to assess Lao PDR's economic performance and the effectiveness of its trade policies.
Q: Are there update delays or limitations?
A: The data may be subject to periodic updates and revisions by the Lao government, and there may be limitations in data coverage or comparability across time periods.
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Citation
U.S. Federal Reserve, Share of Merchandise Exports at Current Purchasing Power Parities for Lao People's Democratic Republic (CSHXCPLAA156NRUG), retrieved from FRED.