Share of Merchandise Imports at Current Purchasing Power Parities for Suriname
CSHMCPSRA156NRUG • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
-0.35
Year-over-Year Change
-4.77%
Date Range
1/1/1970 - 1/1/2019
Summary
This economic trend measures Suriname's share of merchandise imports at current purchasing power parities, providing insights into the country's international trade and purchasing power dynamics.
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 is an indicator that reflects Suriname's participation in global trade, as well as the relative purchasing power of its currency compared to other countries.
Methodology
The data is calculated by the World Bank using exchange rates and price levels.
Historical Context
This metric is useful for economists and policymakers analyzing Suriname's economic performance and integration with the global marketplace.
Key Facts
- Suriname is a South American country located on the northeastern coast.
- The share of imports in Suriname's GDP was around 49% in 2020.
- Purchasing power parity helps compare economic output and living standards across countries.
FAQs
Q: What does this economic trend measure?
A: This trend measures Suriname's share of merchandise imports at current purchasing power parities, which reflects the country's participation in international trade and the relative purchasing power of its currency.
Q: Why is this trend relevant for users or analysts?
A: This metric is useful for economists and policymakers analyzing Suriname's economic performance, trade dynamics, and integration with the global marketplace.
Q: How is this data collected or calculated?
A: The data is calculated by the World Bank using exchange rates and price levels.
Q: How is this trend used in economic policy?
A: This metric can inform policymakers about Suriname's trade competitiveness and provide insights for economic policy decisions related to international trade and currency valuation.
Q: Are there update delays or limitations?
A: The data may be subject to occasional update delays due to the time required for data collection and processing by the World Bank.
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Citation
U.S. Federal Reserve, Share of Merchandise Imports at Current Purchasing Power Parities for Suriname (CSHMCPSRA156NRUG), retrieved from FRED.