Share of Merchandise Imports at Current Purchasing Power Parities for Bosnia and Herzegovina
CSHMCPBAA156NRUG • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
-0.47
Year-over-Year Change
-8.14%
Date Range
1/1/1990 - 1/1/2019
Summary
This economic trend measures Bosnia and Herzegovina's share of merchandise imports based on current purchasing power parity (PPP) exchange rates. It provides insights into the country's trade dynamics and integration within the global economy.
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 Imports at Current Purchasing Power Parities for Bosnia and Herzegovina tracks the nation's relative position in international trade flows. This metric is useful for economists and policymakers to assess Bosnia's trade competitiveness and purchasing power on the global market.
Methodology
The data is calculated based on official trade statistics and PPP exchange rate estimates.
Historical Context
This trend is relevant for understanding Bosnia's trade balance, exchange rate policy, and economic development strategies.
Key Facts
- Bosnia and Herzegovina is a small, open economy dependent on international trade.
- PPP exchange rates provide a more accurate assessment of trade competitiveness than nominal rates.
- Monitoring this metric helps policymakers track changes in Bosnia's global trade position.
FAQs
Q: What does this economic trend measure?
A: This trend measures Bosnia and Herzegovina's share of total merchandise imports, calculated using current purchasing power parity (PPP) exchange rates.
Q: Why is this trend relevant for users or analysts?
A: This metric provides insights into Bosnia's trade competitiveness and integration within the global economy, which is crucial for assessing the country's economic development and policies.
Q: How is this data collected or calculated?
A: The data is calculated based on official trade statistics and PPP exchange rate estimates.
Q: How is this trend used in economic policy?
A: Policymakers use this trend to monitor Bosnia's trade balance, exchange rate policy, and economic development strategies.
Q: Are there update delays or limitations?
A: There may be delays in data availability and potential limitations in the accuracy of PPP exchange rate estimates.
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Citation
U.S. Federal Reserve, Share of Merchandise Imports at Current Purchasing Power Parities for Bosnia and Herzegovina (CSHMCPBAA156NRUG), retrieved from FRED.