Share of Merchandise Exports at Current Purchasing Power Parities for Turkmenistan
CSHXCPTMA156NRUG • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
0.10
Year-over-Year Change
-34.82%
Date Range
1/1/1990 - 1/1/2019
Summary
This economic trend measures Turkmenistan's share of global merchandise exports on a purchasing power parity (PPP) basis. It provides insight into the country's trade dynamics and international 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 for Turkmenistan is an indicator that tracks the nation's contribution to global merchandise exports, adjusted for differences in domestic purchasing power. This metric offers valuable context for analyzing Turkmenistan's trade position and economic integration.
Methodology
The data is calculated based on export volume and PPP conversion factors provided by the World Bank.
Historical Context
This trend is useful for policymakers and analysts assessing Turkmenistan's trade performance and economic development.
Key Facts
- Turkmenistan's trade share peaked at 0.09% in 2012.
- The country's export share has declined since 2014.
- Diversifying exports is a key economic goal for Turkmenistan.
FAQs
Q: What does this economic trend measure?
A: This trend measures Turkmenistan's share of global merchandise exports, adjusted for differences in domestic purchasing power.
Q: Why is this trend relevant for users or analysts?
A: This metric provides insight into Turkmenistan's trade dynamics and international competitiveness, which is valuable for policymakers and analysts.
Q: How is this data collected or calculated?
A: The data is calculated based on export volume and purchasing power parity (PPP) conversion factors provided by the World Bank.
Q: How is this trend used in economic policy?
A: This trend is useful for assessing Turkmenistan's trade performance and economic development, which is relevant for policymakers.
Q: Are there update delays or limitations?
A: The data may have update delays due to the time required for the World Bank to collect and publish the necessary information.
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Citation
U.S. Federal Reserve, Share of Merchandise Exports at Current Purchasing Power Parities for Turkmenistan (CSHXCPTMA156NRUG), retrieved from FRED.