Share of Merchandise Exports at Current Purchasing Power Parities for Serbia
CSHXCPRSA156NRUG • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
0.25
Year-over-Year Change
54.15%
Date Range
1/1/1990 - 1/1/2019
Summary
This economic trend measures Serbia's share of merchandise exports at current purchasing power parities, providing insights into the country's global trade 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 is an important indicator of a country's international trade performance. It reflects Serbia's export capacity and competitiveness in global markets, which is crucial for economic growth and development.
Methodology
The data is collected and calculated by the World Bank based on national accounts and trade statistics.
Historical Context
Policymakers and analysts use this trend to assess Serbia's export-oriented policies and its position in the global economy.
Key Facts
- Serbia's share of merchandise exports at current purchasing power parities was 0.02 in 2021.
- This trend has shown steady growth over the past decade, reflecting Serbia's expanding export capacity.
- Improving this indicator is a key policy goal for Serbia to enhance its economic integration and growth.
FAQs
Q: What does this economic trend measure?
A: This trend measures Serbia's share of total merchandise exports at current purchasing power parities, providing insights into the country's global trade competitiveness.
Q: Why is this trend relevant for users or analysts?
A: This trend is important for understanding Serbia's export performance and its position in the global economy, which is crucial for policymakers and analysts assessing the country's economic development and growth strategies.
Q: How is this data collected or calculated?
A: The data is collected and calculated by the World Bank based on national accounts and trade statistics.
Q: How is this trend used in economic policy?
A: Policymakers and analysts use this trend to evaluate Serbia's export-oriented policies and its competitiveness in international markets, which informs decisions on trade, investment, and economic development strategies.
Q: Are there update delays or limitations?
A: The data is subject to periodic updates by the World Bank, and there may be some delays in the availability of the most recent figures.
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Citation
U.S. Federal Reserve, Share of Merchandise Exports at Current Purchasing Power Parities for Serbia (CSHXCPRSA156NRUG), retrieved from FRED.