Share of Merchandise Exports at Current Purchasing Power Parities for Namibia
CSHXCPNAA156NRUG • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
0.42
Year-over-Year Change
3.43%
Date Range
1/1/1960 - 1/1/2019
Summary
This economic indicator measures Namibia's share of global merchandise exports adjusted for purchasing power parity. It provides insight into the country's trade competitiveness and economic integration.
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 (PPPs) tracks Namibia's exports of goods as a percentage of total global merchandise exports, with values adjusted for differences in price levels across countries. This metric is used to assess Namibia's trade performance and economic position relative to other nations.
Methodology
The data is calculated by the World Bank using national accounts and trade statistics.
Historical Context
This indicator is relevant for policymakers and analysts evaluating Namibia's trade policies and economic development strategies.
Key Facts
- Namibia's share of global merchandise exports was 0.02% in 2020.
- This indicator has declined from a high of 0.04% in 2010.
- Namibia's exports are dominated by diamonds, copper, gold, zinc, lead, and uranium.
FAQs
Q: What does this economic trend measure?
A: This indicator tracks Namibia's share of total global merchandise exports, with values adjusted for differences in purchasing power across countries.
Q: Why is this trend relevant for users or analysts?
A: This metric provides insight into Namibia's trade competitiveness and economic integration within the global economy, which is useful for policymakers and analysts.
Q: How is this data collected or calculated?
A: The World Bank calculates this indicator using national accounts and trade statistics.
Q: How is this trend used in economic policy?
A: Policymakers and economists use this metric to evaluate Namibia's trade policies and economic development strategies.
Q: Are there update delays or limitations?
A: There may be delays in data reporting, and the indicator does not capture trade in services.
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Citation
U.S. Federal Reserve, Share of Merchandise Exports at Current Purchasing Power Parities for Namibia (CSHXCPNAA156NRUG), retrieved from FRED.