Share of Merchandise Exports at Current Purchasing Power Parities for Sri Lanka
CSHXCPLKA156NRUG • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
0.07
Year-over-Year Change
-25.75%
Date Range
1/1/1950 - 1/1/2019
Summary
The 'Share of Merchandise Exports at Current Purchasing Power Parities for Sri Lanka' measures the country's relative position in global trade. It is an important indicator for policymakers and economists analyzing Sri Lanka's economic competitiveness and trade dynamics.
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 Sri Lanka's share of total global merchandise exports, adjusted for differences in purchasing power across countries. It provides insights into the country's trade performance and its competitive position in the international market.
Methodology
The data is calculated by the World Bank using exchange rates and price levels to determine each country's share of worldwide merchandise exports.
Historical Context
Policymakers and analysts use this metric to assess Sri Lanka's trade policies, exchange rate management, and overall economic integration.
Key Facts
- Sri Lanka's share of global merchandise exports was 0.08% in 2020.
- The metric has declined from a high of 0.12% in 2010.
- Improving this indicator is a key policy goal for Sri Lankan policymakers.
FAQs
Q: What does this economic trend measure?
A: This metric measures Sri Lanka's share of total global merchandise exports, adjusted for differences in purchasing power across countries.
Q: Why is this trend relevant for users or analysts?
A: This indicator provides insights into Sri Lanka's trade performance and competitiveness in the international market, which is crucial for policymakers and economists analyzing the country's economic integration.
Q: How is this data collected or calculated?
A: The data is calculated by the World Bank using exchange rates and price levels to determine each country's share of worldwide merchandise exports.
Q: How is this trend used in economic policy?
A: Policymakers and analysts use this metric to assess Sri Lanka's trade policies, exchange rate management, and overall economic integration, and to inform policy decisions aimed at improving the country's competitiveness and trade performance.
Q: Are there update delays or limitations?
A: The data is published annually by the World Bank, with a delay of approximately one year.
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Citation
U.S. Federal Reserve, Share of Merchandise Exports at Current Purchasing Power Parities for Sri Lanka (CSHXCPLKA156NRUG), retrieved from FRED.