Share of Merchandise Exports at Current Purchasing Power Parities for Luxembourg
CSHXCPLUA156NRUG • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
0.37
Year-over-Year Change
-53.03%
Date Range
1/1/1950 - 1/1/2019
Summary
This economic trend measures Luxembourg's share of total merchandise exports at current purchasing power parities. It provides insight into Luxembourg'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 reflects a country's ability to sell goods on the global market. It is an important indicator of economic strength and can inform policy decisions related to trade, investment, and industrial development.
Methodology
This data is calculated by the World Bank using exchange rates and price levels to ensure cross-country comparability.
Historical Context
Policymakers and analysts use this metric to assess Luxembourg's trade performance and integration into the global economy.
Key Facts
- Luxembourg's share of global merchandise exports was 0.51% in 2020.
- This metric has increased from 0.38% in 2000, indicating growing trade integration.
- Luxembourg is a small, open economy highly dependent on exports.
FAQs
Q: What does this economic trend measure?
A: This metric tracks Luxembourg'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: The share of exports at purchasing power parity is an important indicator of a country's international competitiveness and integration into global trade networks.
Q: How is this data collected or calculated?
A: The World Bank calculates this metric using exchange rates and price levels to ensure cross-country comparability.
Q: How is this trend used in economic policy?
A: Policymakers and economists use this data to assess Luxembourg's trade performance and inform decisions related to trade, investment, and industrial development.
Q: Are there update delays or limitations?
A: This data is published annually with a lag, so the most recent values may not reflect the current economic situation.
Related Trends
Share of Household Consumption at Current Purchasing Power Parities for the Plurinational State of Bolivia
CSHCCPBOA156NRUG
Share of Residual Trade and GDP Statistical Discrepancy at Current Purchasing Power Parities for Mexico
CSHRCPMXA156NRUG
Share of Gross Capital Formation at Current Purchasing Power Parities for the Democratic Republic of the Congo
CSHICPCDA156NRUG
Share of Merchandise Imports at Current Purchasing Power Parities for Viet Nam
CSHMCPVNA156NRUG
Share of Merchandise Imports at Current Purchasing Power Parities for Syrian Arab Republic
CSHMCPSYA156NRUG
Share of Household Consumption at Current Purchasing Power Parities for Syrian Arab Republic
CSHCCPSYA156NRUG
Citation
U.S. Federal Reserve, Share of Merchandise Exports at Current Purchasing Power Parities for Luxembourg (CSHXCPLUA156NRUG), retrieved from FRED.