Share of Merchandise Exports at Current Purchasing Power Parities for Macao
CSHXCPMOA156NRUG • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
0.02
Year-over-Year Change
-81.93%
Date Range
1/1/1970 - 1/1/2019
Summary
This economic trend measures Macao's share of global merchandise exports adjusted for purchasing power parity. It provides insights into Macao's trade competitiveness and role in 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 for Macao represents Macao's contribution to total world merchandise exports, factoring in differences in price levels between countries. This metric is used by economists and policymakers to analyze Macao's trade position and economic performance relative to other nations.
Methodology
The data is calculated by the World Bank using exchange rates and price levels to adjust each country's exports for purchasing power parity.
Historical Context
This trend is relevant for understanding Macao's trade dynamics and competitiveness within the global marketplace.
Key Facts
- Macao's trade share peaked at 0.13% in 2015.
- Macao's export-driven economy is heavily dependent on trade.
- Purchasing power parity adjustments are important for cross-country comparisons.
FAQs
Q: What does this economic trend measure?
A: This trend measures Macao's share of global merchandise exports, adjusted for differences in purchasing power between countries.
Q: Why is this trend relevant for users or analysts?
A: This metric provides insights into Macao's trade competitiveness and economic performance relative to other nations.
Q: How is this data collected or calculated?
A: The data is calculated by the World Bank using exchange rates and price levels to adjust each country's exports for purchasing power parity.
Q: How is this trend used in economic policy?
A: This trend is relevant for understanding Macao's trade dynamics and competitiveness within the global marketplace, which is important for policymakers and economists.
Q: Are there update delays or limitations?
A: The data is subject to the release schedule and methodological changes of the World Bank.
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Citation
U.S. Federal Reserve, Share of Merchandise Exports at Current Purchasing Power Parities for Macao (CSHXCPMOA156NRUG), retrieved from FRED.