Share of Merchandise Exports at Current Purchasing Power Parities for Thailand
CSHXCPTHA156NRUG • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
0.27
Year-over-Year Change
-15.96%
Date Range
1/1/1950 - 1/1/2019
Summary
The 'Share of Merchandise Exports at Current Purchasing Power Parities for Thailand' measures Thailand's proportion of global merchandise exports adjusted for price differences between 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
This trend provides insight into Thailand's trade competitiveness and economic integration within the global market. It is used by economists, policymakers, and businesses to analyze Thailand's export performance and position relative to other major exporting nations.
Methodology
The data is calculated by the World Bank using Thailand's nominal exports and purchasing power parity (PPP) exchange rates.
Historical Context
This metric informs trade and economic policies, as well as investment and business strategies.
Key Facts
- Thailand is one of the world's major exporters of goods.
- This metric accounts for price differences between countries.
- The trend has implications for Thailand's trade and economic policies.
FAQs
Q: What does this economic trend measure?
A: This trend measures Thailand's share of global merchandise exports, adjusted for purchasing power parity (PPP) to account for price level differences across countries.
Q: Why is this trend relevant for users or analysts?
A: This metric provides insight into Thailand's trade competitiveness and economic integration within the global market, which is crucial for policymakers, businesses, and economists analyzing Thailand's export performance.
Q: How is this data collected or calculated?
A: The data is calculated by the World Bank using Thailand's nominal exports and purchasing power parity (PPP) exchange rates.
Q: How is this trend used in economic policy?
A: This metric informs trade and economic policies, as well as investment and business strategies, by providing a comprehensive view of Thailand's export performance and global competitiveness.
Q: Are there update delays or limitations?
A: The data may be subject to occasional delays in reporting and updates, and it relies on the accuracy of the underlying PPP exchange rate calculations.
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Citation
U.S. Federal Reserve, Share of Merchandise Exports at Current Purchasing Power Parities for Thailand (CSHXCPTHA156NRUG), retrieved from FRED.