Share of Merchandise Exports at Current Purchasing Power Parities for Yemen
CSHXCPYEA156NRUG • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
0.00
Year-over-Year Change
-99.53%
Date Range
1/1/1989 - 1/1/2019
Summary
This trend measures Yemen's share of global merchandise exports adjusted for purchasing power differences across countries. It provides insights into Yemen's international trade and economic 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 (PPPs) is an indicator of a country's international trade position. It reflects Yemen's exports relative to global export totals, with adjustments made to account for differences in domestic purchasing power across countries.
Methodology
The data is collected and calculated by the World Bank using national accounts and trade statistics.
Historical Context
This metric is used by economists and policymakers to analyze Yemen's export performance and trade dynamics.
Key Facts
- Yemen's share of global merchandise exports was 0.03% in 2020.
- Exports account for approximately 20% of Yemen's GDP.
- Yemen's exports are dominated by fuels, ores, and other primary commodities.
FAQs
Q: What does this economic trend measure?
A: This trend measures Yemen's share of 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 insights into Yemen's international trade position and economic competitiveness relative to other countries.
Q: How is this data collected or calculated?
A: The data is collected and calculated by the World Bank using national accounts and trade statistics.
Q: How is this trend used in economic policy?
A: Economists and policymakers use this metric to analyze Yemen's export performance and trade dynamics, which can inform policy decisions.
Q: Are there update delays or limitations?
A: The data is published annually, and there may be delays or limitations due to data availability in Yemen.
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Citation
U.S. Federal Reserve, Share of Merchandise Exports at Current Purchasing Power Parities for Yemen (CSHXCPYEA156NRUG), retrieved from FRED.