Share of Merchandise Imports at Current Purchasing Power Parities for Zambia
CSHMCPZMA156NRUG • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
-0.24
Year-over-Year Change
9.91%
Date Range
1/1/1955 - 1/1/2019
Summary
This economic trend measures Zambia's share of global merchandise imports adjusted for purchasing power parity. It provides insights into Zambia's trade dynamics and competitiveness in the global economy.
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 Zambia represents the country's portion of total global imports, weighted by differences in domestic purchasing power. This metric is used to analyze Zambia's trade position and international economic integration.
Methodology
The data is calculated by the World Bank using exchange rates and price levels to adjust for purchasing power parity.
Historical Context
This trend is relevant for policymakers and analysts assessing Zambia's trade performance and economic development.
Key Facts
- Zambia's share of global merchandise imports was 0.08% in 2020.
- This metric has declined from a peak of 0.12% in 2013.
- Zambia's imports are dominated by machinery, vehicles, and mineral fuels.
FAQs
Q: What does this economic trend measure?
A: This trend measures Zambia's share of total global merchandise imports, adjusted for differences in purchasing power between countries.
Q: Why is this trend relevant for users or analysts?
A: This metric provides insights into Zambia's trade position and competitiveness in the global economy, which is important for assessing the country's economic development and integration.
Q: How is this data collected or calculated?
A: The data is calculated by the World Bank using exchange rates and price levels to adjust for purchasing power parity.
Q: How is this trend used in economic policy?
A: Policymakers and analysts use this metric to evaluate Zambia's trade performance and design policies to enhance the country's international competitiveness and economic integration.
Q: Are there update delays or limitations?
A: The data is updated annually by the World Bank, and there may be a delay of several months before the latest figures are available.
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Citation
U.S. Federal Reserve, Share of Merchandise Imports at Current Purchasing Power Parities for Zambia (CSHMCPZMA156NRUG), retrieved from FRED.