Share of Merchandise Exports at Current Purchasing Power Parities for Paraguay
CSHXCPPYA156NRUG • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
0.15
Year-over-Year Change
46.76%
Date Range
1/1/1951 - 1/1/2019
Summary
This economic trend measures Paraguay's share of global merchandise exports adjusted for purchasing power differences across countries. It provides insight into Paraguay's international 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 a country's percentage of total global merchandise exports, with each country's exports valued using their domestic price levels. This adjusts for differences in cost of living and purchasing power across economies.
Methodology
The data is calculated by the World Bank using national accounts and trade statistics.
Historical Context
This metric informs analyses of a country's trade position, economic openness, and global market share.
Key Facts
- Paraguay's global merchandise export share was 0.04% in 2020.
- This metric has declined from a high of 0.07% in 2012.
- Paraguay's trade openness, as measured by exports/GDP, was 25% in 2020.
FAQs
Q: What does this economic trend measure?
A: This trend measures Paraguay's share of total global merchandise exports, with each country's exports valued using their domestic price levels to adjust for differences in purchasing power.
Q: Why is this trend relevant for users or analysts?
A: This metric provides insight into Paraguay's international trade competitiveness and economic integration within the global economy.
Q: How is this data collected or calculated?
A: The data is calculated by the World Bank using national accounts and trade statistics.
Q: How is this trend used in economic policy?
A: This metric informs analyses of a country's trade position, economic openness, and global market share, which are relevant for policymakers and economists.
Q: Are there update delays or limitations?
A: The data is subject to the availability of national accounts and trade statistics, which can result in update lags.
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Citation
U.S. Federal Reserve, Share of Merchandise Exports at Current Purchasing Power Parities for Paraguay (CSHXCPPYA156NRUG), retrieved from FRED.