Share of Merchandise Imports at Current Purchasing Power Parities for Liberia
CSHMCPLRA156NRUG • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
-0.34
Year-over-Year Change
16.78%
Date Range
1/1/1964 - 1/1/2019
Summary
The Share of Merchandise Imports at Current Purchasing Power Parities for Liberia measures the relative value of Liberia's imports compared to other countries. This metric is crucial for understanding Liberia's trade dynamics and economic integration.
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 trend represents the portion of Liberia's total merchandise imports as a share of imports across all countries, adjusted for differences in purchasing power. It provides insights into Liberia's trade relationships and competitiveness in the global market.
Methodology
The data is calculated based on exchange rates and price levels across countries.
Historical Context
Policymakers and analysts use this metric to assess Liberia's trade patterns and position within the global economy.
Key Facts
- Liberia's share of global merchandise imports was 0.02% in 2021.
- The trend has fluctuated between 0.01% and 0.04% over the past decade.
- Liberia's import share is relatively low compared to larger economies.
FAQs
Q: What does this economic trend measure?
A: This trend measures Liberia's share of total global merchandise imports, adjusted for differences in purchasing power across countries.
Q: Why is this trend relevant for users or analysts?
A: This metric provides insights into Liberia's trade relationships, competitiveness, and economic integration within the global market.
Q: How is this data collected or calculated?
A: The data is calculated based on exchange rates and price levels across countries.
Q: How is this trend used in economic policy?
A: Policymakers and analysts use this metric to assess Liberia's trade patterns and position within the global economy.
Q: Are there update delays or limitations?
A: The data is subject to potential delays in reporting and may not fully capture all trade flows.
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Citation
U.S. Federal Reserve, Share of Merchandise Imports at Current Purchasing Power Parities for Liberia (CSHMCPLRA156NRUG), retrieved from FRED.