Share of Merchandise Exports at Current Purchasing Power Parities for Armenia
CSHXCPAMA156NRUG • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
0.09
Year-over-Year Change
15.43%
Date Range
1/1/1990 - 1/1/2019
Summary
The 'Share of Merchandise Exports at Current Purchasing Power Parities for Armenia' measures Armenia's exports as a percentage of its total economic output on a purchasing power parity basis. This provides insights into Armenia's trade dynamics and global 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 economic indicator tracks the relative importance of Armenia's merchandise exports within its overall economy. It is used by economists and policymakers to analyze the country's trade patterns, competitiveness, and dependence on exports for economic growth.
Methodology
The data is calculated by the World Bank using national accounts and trade statistics.
Historical Context
This metric is closely watched by analysts to assess Armenia's trade policy and its positioning in global supply chains.
Key Facts
- Armenia's merchandise exports account for over 40% of its GDP.
- The share of exports has declined from a high of 50% in the early 2000s.
- Trade is a significant driver of Armenia's economic growth and job creation.
FAQs
Q: What does this economic trend measure?
A: This indicator tracks the value of Armenia's merchandise exports as a percentage of its total economic output, adjusted for purchasing power parity.
Q: Why is this trend relevant for users or analysts?
A: This metric provides insights into Armenia's trade dynamics, competitiveness, and integration with the global economy, which are key factors for policymakers and investors.
Q: How is this data collected or calculated?
A: The World Bank calculates this indicator using national accounts and international trade statistics.
Q: How is this trend used in economic policy?
A: Analysts and policymakers use this metric to assess Armenia's trade policies, diversification efforts, and overall economic development strategy.
Q: Are there update delays or limitations?
A: The data is published annually with a lag of about one year, and may not capture short-term trade fluctuations.
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Citation
U.S. Federal Reserve, Share of Merchandise Exports at Current Purchasing Power Parities for Armenia (CSHXCPAMA156NRUG), retrieved from FRED.