Share of Merchandise Exports at Current Purchasing Power Parities for Chile
CSHXCPCLA156NRUG • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
0.24
Year-over-Year Change
-34.63%
Date Range
1/1/1951 - 1/1/2019
Summary
This economic trend measures Chile's share of global merchandise exports adjusted for purchasing power differences. It provides insights into Chile's international trade competitiveness and position 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 Exports at Current Purchasing Power Parities for Chile is an indicator that tracks Chile's percentage of total global merchandise exports, with adjustments made for differences in purchasing power across countries. This metric offers valuable perspectives on Chile's trade performance and economic influence on the international stage.
Methodology
The data is calculated by the World Bank using exchange rates and price levels to account for purchasing power parity.
Historical Context
Policymakers and analysts use this trend to assess Chile's trade policies, competitiveness, and integration within the global economy.
Key Facts
- Chile's export share was 0.42% in 2020.
- The trend has fluctuated between 0.38% and 0.47% over the past decade.
- China has the largest global export share at around 13%.
FAQs
Q: What does this economic trend measure?
A: This trend measures Chile's share of total global merchandise exports, with adjustments made for differences in purchasing power across countries.
Q: Why is this trend relevant for users or analysts?
A: This metric provides insights into Chile's international trade competitiveness and its position in the global economy, which is valuable for policymakers and analysts.
Q: How is this data collected or calculated?
A: The data is calculated by the World Bank using exchange rates and price levels to account for purchasing power parity.
Q: How is this trend used in economic policy?
A: Policymakers and analysts use this trend to assess Chile's trade policies, competitiveness, and integration within the global economy.
Q: Are there update delays or limitations?
A: The data is updated annually, and there may be some delays in the most recent data availability.
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Citation
U.S. Federal Reserve, Share of Merchandise Exports at Current Purchasing Power Parities for Chile (CSHXCPCLA156NRUG), retrieved from FRED.