Share of Merchandise Exports at Current Purchasing Power Parities for Belize
CSHXCPBZA156NRUG • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
0.73
Year-over-Year Change
21.51%
Date Range
1/1/1970 - 1/1/2019
Summary
This economic trend measures Belize's share of global merchandise exports adjusted for purchasing power parity. It provides insights into the country's trade competitiveness and export-driven economic performance.
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 (PPPs) for Belize is an indicator of the country's participation in international trade. It accounts for differences in price levels across countries, offering a more accurate representation of export volumes relative to the global economy.
Methodology
The data is calculated by the World Bank based on national accounts and trade statistics.
Historical Context
This metric is used by policymakers and analysts to assess Belize's trade position and the effectiveness of its export promotion strategies.
Key Facts
- Belize's share of global merchandise exports was 0.01% in 2020.
- This metric has declined from a peak of 0.02% in 2012.
- Diversifying exports is a key economic policy goal for Belize.
FAQs
Q: What does this economic trend measure?
A: This trend measures Belize'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: This metric provides insights into Belize's trade competitiveness and the effectiveness of its export promotion strategies.
Q: How is this data collected or calculated?
A: The data is calculated by the World Bank based on national accounts and trade statistics.
Q: How is this trend used in economic policy?
A: Policymakers and analysts use this metric to assess Belize's trade position and guide policies aimed at boosting export-driven economic growth.
Q: Are there update delays or limitations?
A: The data is published annually with a lag, and may not fully capture short-term trade fluctuations.
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Citation
U.S. Federal Reserve, Share of Merchandise Exports at Current Purchasing Power Parities for Belize (CSHXCPBZA156NRUG), retrieved from FRED.