Share of Merchandise Exports at Current Purchasing Power Parities for Turkey
CSHXCPTRA156NRUG • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
0.12
Year-over-Year Change
-18.62%
Date Range
1/1/1950 - 1/1/2019
Summary
This economic trend measures Turkey's share of global merchandise exports adjusted for purchasing power differences. It provides insights into Turkey's relative 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) for Turkey tracks the country's portion of total global exports, accounting for differences in domestic price levels. It offers a standardized view of Turkey's export performance and trade position compared to other nations.
Methodology
The data is calculated by the OECD using detailed national accounts and trade statistics.
Historical Context
This metric informs analyses of Turkey's trade dynamics and external economic relationships.
Key Facts
- Turkey's merchandise export share was 1.16% in 2021.
- Turkey's export share has grown from 0.71% in 2000.
- Turkey is the 18th largest exporter globally by this metric.
FAQs
Q: What does this economic trend measure?
A: This trend measures Turkey's share of global merchandise exports, adjusted for differences in domestic purchasing power.
Q: Why is this trend relevant for users or analysts?
A: It provides insights into Turkey's trade competitiveness and economic influence relative to other countries.
Q: How is this data collected or calculated?
A: The OECD calculates this metric using detailed national accounts and trade statistics.
Q: How is this trend used in economic policy?
A: It informs analyses of Turkey's trade dynamics and external economic relationships.
Q: Are there update delays or limitations?
A: The data is published annually with a short lag, so it provides a timely view of Turkey's export performance.
Related Trends
Share of Gross Capital Formation at Current Purchasing Power Parities for Rwanda
CSHICPRWA156NRUG
Share of Residual Trade and GDP Statistical Discrepancy at Current Purchasing Power Parities for Qatar
CSHRCPQAA156NRUG
Share of Merchandise Exports at Current Purchasing Power Parities for Gabon
CSHXCPGAA156NRUG
Share of Gross Capital Formation at Current Purchasing Power Parities for Cameroon
CSHICPCMA156NRUG
Share of Merchandise Exports at Current Purchasing Power Parities for Turkmenistan
CSHXCPTMA156NRUG
Share of Merchandise Exports at Current Purchasing Power Parities for Republic of Moldova
CSHXCPMDA156NRUG
Citation
U.S. Federal Reserve, Share of Merchandise Exports at Current Purchasing Power Parities for Turkey (CSHXCPTRA156NRUG), retrieved from FRED.