Share of Merchandise Exports at Current Purchasing Power Parities for South Africa
CSHXCPZAA156NRUG • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
0.18
Year-over-Year Change
11.64%
Date Range
1/1/1950 - 1/1/2019
Summary
The Share of Merchandise Exports at Current Purchasing Power Parities for South Africa measures the country's share of global merchandise exports, adjusted for differences in purchasing power across nations.
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 indicator provides insights into South Africa's international trade competitiveness and economic influence. It is used by policymakers and analysts to assess the nation's export performance relative to other countries.
Methodology
The data is compiled by the World Bank using exchange rate and price level information.
Historical Context
This metric informs trade and economic policies aimed at boosting South Africa's global market share.
Key Facts
- South Africa's global merchandise export share was 0.49% in 2020.
- Exports account for about 30% of South Africa's GDP.
- China, the U.S., and Germany are South Africa's top export destinations.
FAQs
Q: What does this economic trend measure?
A: This indicator measures South Africa'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 South Africa's international trade competitiveness and economic influence, informing trade and economic policies.
Q: How is this data collected or calculated?
A: The data is compiled by the World Bank using exchange rate and price level information.
Q: How is this trend used in economic policy?
A: This metric informs trade and economic policies aimed at boosting South Africa's global market share.
Q: Are there update delays or limitations?
A: The data is published annually with a delay of about 1-2 years.
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Citation
U.S. Federal Reserve, Share of Merchandise Exports at Current Purchasing Power Parities for South Africa (CSHXCPZAA156NRUG), retrieved from FRED.