Share of Merchandise Exports at Current Purchasing Power Parities for the Plurinational State of Bolivia
CSHXCPBOA156NRUG • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
0.14
Year-over-Year Change
-28.63%
Date Range
1/1/1950 - 1/1/2019
Summary
This economic trend measures Bolivia's share of global merchandise exports adjusted for purchasing power parity. It provides insights into the country's trade competitiveness and export diversification.
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 Exports at Current Purchasing Power Parities for Bolivia tracks the country's merchandise exports as a percentage of global exports, accounting for differences in purchasing power across countries. It offers perspective on Bolivia's trade position and 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 metric is used by economists and policymakers to assess Bolivia's trade performance and external competitiveness.
Key Facts
- Bolivia's export share peaked at 0.095% in 2012.
- Merchandise exports account for over 30% of Bolivia's GDP.
- Mining and agricultural products dominate Bolivia's export basket.
FAQs
Q: What does this economic trend measure?
A: This trend measures Bolivia's share of global merchandise exports, adjusted for differences in purchasing power across countries.
Q: Why is this trend relevant for users or analysts?
A: It provides insights into Bolivia's trade competitiveness and export diversification, which are important factors for economic growth and development.
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: Economists and policymakers use this metric to assess Bolivia's trade performance and external competitiveness, which informs trade and industrial policies.
Q: Are there update delays or limitations?
A: The data is published annually with a lag, and may not capture short-term fluctuations in Bolivia's export dynamics.
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Citation
U.S. Federal Reserve, Share of Merchandise Exports at Current Purchasing Power Parities for the Plurinational State of Bolivia (CSHXCPBOA156NRUG), retrieved from FRED.