Share of Merchandise Exports at Current Purchasing Power Parities for Panama
CSHXCPPAA156NRUG • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
0.13
Year-over-Year Change
-58.84%
Date Range
1/1/1950 - 1/1/2019
Summary
This economic trend measures Panama's share of total merchandise exports at current purchasing power parities. It provides insights into the country's global trade competitiveness and economic performance.
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 is an important indicator of a country's international trade position. It reflects Panama's ability to sell goods on global markets relative to other nations, shedding light on its economic strengths and challenges.
Methodology
The data is calculated based on export statistics and purchasing power parity exchange rates.
Historical Context
This trend is closely watched by policymakers, economists, and businesses to assess Panama's trade dynamics and global economic standing.
Key Facts
- Panama's share of global merchandise exports was 0.13% in 2021.
- This metric has fluctuated between 0.10% and 0.15% over the past decade.
- The trend provides insights into Panama's trade diversification and economic policies.
FAQs
Q: What does this economic trend measure?
A: This trend measures Panama's share of total merchandise exports, adjusted for differences in purchasing power across countries. It reflects the country's global trade competitiveness.
Q: Why is this trend relevant for users or analysts?
A: This metric is important for understanding Panama's trade dynamics, economic performance, and global standing. It is closely watched by policymakers, economists, and businesses.
Q: How is this data collected or calculated?
A: The data is calculated based on export statistics and purchasing power parity exchange rates.
Q: How is this trend used in economic policy?
A: Policymakers and analysts use this trend to assess Panama's trade competitiveness, inform economic strategies, and evaluate the impact of trade policies and exchange rate movements.
Q: Are there update delays or limitations?
A: There may be occasional delays in data reporting, and the metric may not capture all aspects of Panama's trade performance. Users should consider these limitations when interpreting the trend.
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Citation
U.S. Federal Reserve, Share of Merchandise Exports at Current Purchasing Power Parities for Panama (CSHXCPPAA156NRUG), retrieved from FRED.