Share of Merchandise Exports at Current Purchasing Power Parities for Sweden
CSHXCPSEA156NRUG • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
0.44
Year-over-Year Change
-28.26%
Date Range
1/1/1950 - 1/1/2019
Summary
This economic trend measures Sweden's share of global merchandise exports adjusted for purchasing power parity. It provides insights into Sweden's international trade competitiveness and economic influence.
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 the proportion of global merchandise exports originating from Sweden. PPP adjustments account for differences in price levels between countries, offering a more accurate representation of trade volumes.
Methodology
The data is calculated by the OECD based on national accounts and trade statistics.
Historical Context
This metric is used by economists and policymakers to analyze Sweden's trade performance and global economic integration.
Key Facts
- Sweden's export share peaked at 1.31% in 2008.
- Export share declined during the 2008-2009 financial crisis.
- Sweden accounts for around 1% of global merchandise exports.
FAQs
Q: What does this economic trend measure?
A: This trend measures Sweden's share of global merchandise exports, adjusted for differences in purchasing power between countries.
Q: Why is this trend relevant for users or analysts?
A: This metric provides insights into Sweden's international trade competitiveness and economic influence on the global stage.
Q: How is this data collected or calculated?
A: The data is calculated by the OECD based on national accounts and trade statistics.
Q: How is this trend used in economic policy?
A: Economists and policymakers use this metric to analyze Sweden's trade performance and integration into the global economy.
Q: Are there update delays or limitations?
A: The data is subject to the availability of national accounts and trade statistics from Sweden.
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Citation
U.S. Federal Reserve, Share of Merchandise Exports at Current Purchasing Power Parities for Sweden (CSHXCPSEA156NRUG), retrieved from FRED.