Share of Merchandise Imports at Current Purchasing Power Parities for Rwanda
CSHMCPRWA156NRUG • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
-0.18
Year-over-Year Change
118.54%
Date Range
1/1/1960 - 1/1/2019
Summary
This economic trend measures Rwanda's share of merchandise imports at current purchasing power parities. It is an important indicator for understanding Rwanda's international trade and economic 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 reflects Rwanda's volume of imported goods relative to other countries, adjusted for differences in price levels. This metric provides insights into Rwanda's trade dynamics and integration within the global economy.
Methodology
The data is calculated based on import volumes and purchasing power parity adjustments from international economic databases.
Historical Context
Policymakers and analysts use this trend to assess Rwanda's trade balance, competitiveness, and economic integration.
Key Facts
- Rwanda's merchandise imports account for over 30% of its GDP.
- The share of imports has grown steadily over the past decade.
- Rwanda's import share is higher than the regional African average.
FAQs
Q: What does this economic trend measure?
A: This trend measures Rwanda's share of total merchandise imports, adjusted for differences in purchasing power across countries.
Q: Why is this trend relevant for users or analysts?
A: The import share trend provides insights into Rwanda's trade balance, international competitiveness, and economic integration.
Q: How is this data collected or calculated?
A: The data is calculated based on import volumes and purchasing power parity adjustments from international economic databases.
Q: How is this trend used in economic policy?
A: Policymakers and analysts use this trend to assess Rwanda's trade dynamics and inform decisions on trade, industrial, and macroeconomic policies.
Q: Are there update delays or limitations?
A: The data is subject to periodic updates and may have a lag of several months or quarters.
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Citation
U.S. Federal Reserve, Share of Merchandise Imports at Current Purchasing Power Parities for Rwanda (CSHMCPRWA156NRUG), retrieved from FRED.