Share of Merchandise Exports at Current Purchasing Power Parities for Rwanda
CSHXCPRWA156NRUG • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
0.06
Year-over-Year Change
199.42%
Date Range
1/1/1960 - 1/1/2019
Summary
This economic indicator tracks Rwanda's share of total global merchandise exports, adjusted for purchasing power differences across countries.
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) measures a country's global trade presence by looking at its exports as a percentage of total world exports, while accounting for relative price levels between nations.
Methodology
The data is calculated by the World Bank using national accounts and trade statistics.
Historical Context
This metric is used by economists and policymakers to assess a country's competitiveness and integration into the global trading system.
Key Facts
- Rwanda's global export share was 0.01% in 2020.
- This metric has increased from 0.006% in 2000.
- Rwanda's largest export products are coffee, tea, and tin ore.
FAQs
Q: What does this economic trend measure?
A: This indicator tracks Rwanda's share of total global merchandise exports, adjusted for differences in purchasing power across countries.
Q: Why is this trend relevant for users or analysts?
A: This metric provides insight into a country's global trade presence and competitiveness, which is important for economists and policymakers.
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 indicator is used to assess a country's integration into the global trading system and inform policies aimed at improving export competitiveness.
Q: Are there update delays or limitations?
A: The data is published annually with a lag, and may not capture short-term fluctuations in a country's export shares.
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Citation
U.S. Federal Reserve, Share of Merchandise Exports at Current Purchasing Power Parities for Rwanda (CSHXCPRWA156NRUG), retrieved from FRED.