Share of Merchandise Imports at Current Purchasing Power Parities for Bahrain
CSHMCPBHA156NRUG • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
-0.37
Year-over-Year Change
-20.66%
Date Range
1/1/1970 - 1/1/2019
Summary
This economic trend measures Bahrain's share of total merchandise imports adjusted for purchasing power parity. It provides insights into the country's international trade and 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 imports at current purchasing power parities for Bahrain represents the country's portion of total global merchandise imports after accounting for differences in domestic price levels. This metric is useful for analyzing Bahrain's trade dynamics and assessing its economic standing relative to other nations.
Methodology
The data is calculated by the World Bank based on national accounts and trade statistics.
Historical Context
Policymakers and analysts use this indicator to evaluate Bahrain's trade performance and integration within the global economy.
Key Facts
- Bahrain's share of global merchandise imports was 0.08% in 2020.
- The indicator has fluctuated between 0.06% and 0.10% over the past decade.
- Bahrain's trade openness, as measured by imports plus exports as a percentage of GDP, was 82% in 2020.
FAQs
Q: What does this economic trend measure?
A: This trend measures Bahrain's share of total global merchandise imports after adjusting for differences in domestic price levels using purchasing power parity.
Q: Why is this trend relevant for users or analysts?
A: This indicator provides insights into Bahrain's trade performance and economic competitiveness relative to other countries, which is useful for policymakers and analysts evaluating the nation's economic integration and development.
Q: How is this data collected or calculated?
A: The data is calculated by the World Bank based on national accounts and trade statistics.
Q: How is this trend used in economic policy?
A: Policymakers and analysts use this indicator to assess Bahrain's trade dynamics and integration within the global economy, which informs policy decisions related to trade, competitiveness, and economic development.
Q: Are there update delays or limitations?
A: The data is published annually with a lag, so there may be a delay in accessing the most recent figures.
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Citation
U.S. Federal Reserve, Share of Merchandise Imports at Current Purchasing Power Parities for Bahrain (CSHMCPBHA156NRUG), retrieved from FRED.