Share of Merchandise Imports at Current Purchasing Power Parities for Djibouti
CSHMCPDJA156NRUG • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
-1.60
Year-over-Year Change
314.35%
Date Range
1/1/1970 - 1/1/2019
Summary
The 'Share of Merchandise Imports at Current Purchasing Power Parities for Djibouti' measures the proportion of a country's total imports that are goods, adjusted for differences in purchasing power across nations. This metric is useful for economists and policymakers analyzing international trade patterns 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
This economic indicator represents the share of a country's total imports that are merchandise (physical goods) rather than services, normalized for differences in purchasing power across countries. It provides insight into the composition of a nation's imports and can inform assessments of trade imbalances and economic integration.
Methodology
The data is calculated by the World Bank using national accounts and purchasing power parity (PPP) conversion factors.
Historical Context
Analysts and policymakers use this metric to study a country's participation in global trade and the competitiveness of its domestic industries.
Key Facts
- Djibouti's merchandise imports accounted for 57.4% of total imports in 2020.
- The share of merchandise imports has fluctuated between 55-60% over the past decade.
- Djibouti is a major regional trading hub, with imports playing a key role in its economy.
FAQs
Q: What does this economic trend measure?
A: This indicator measures the proportion of a country's total imports that are physical goods, as opposed to services, adjusted for differences in purchasing power across nations.
Q: Why is this trend relevant for users or analysts?
A: This metric provides insight into a country's participation in global trade and the competitiveness of its domestic industries, which is useful for economists and policymakers analyzing international trade patterns.
Q: How is this data collected or calculated?
A: The data is calculated by the World Bank using national accounts and purchasing power parity (PPP) conversion factors.
Q: How is this trend used in economic policy?
A: Analysts and policymakers use this metric to study a country's trade imbalances and economic integration, which can inform decisions about trade policies and domestic industry support.
Q: Are there update delays or limitations?
A: The data is published annually by the World Bank, with a delay of approximately one year.
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Citation
U.S. Federal Reserve, Share of Merchandise Imports at Current Purchasing Power Parities for Djibouti (CSHMCPDJA156NRUG), retrieved from FRED.