Share of Merchandise Exports at Current Purchasing Power Parities for Czech Republic
CSHXCPCZA156NRUG • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
0.67
Year-over-Year Change
1.20%
Date Range
1/1/1990 - 1/1/2019
Summary
This economic trend measures the share of merchandise exports for the Czech Republic, adjusted for differences in purchasing power across countries. It provides insights into the country's international trade competitiveness and export 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) is an indicator of a country's trade structure and competitiveness. It compares the value of a country's exports relative to other countries, adjusting for differences in price levels to provide a more accurate picture of real trade flows.
Methodology
The data is calculated by the World Bank using national accounts and trade statistics.
Historical Context
Policymakers and analysts use this metric to assess a country's export-oriented development strategy and international market positioning.
Key Facts
- The Czech Republic's share of merchandise exports was 79.4% in 2021.
- Exports account for over 60% of the Czech Republic's GDP.
- The Czech Republic is a major exporter of machinery, vehicles, and electronics.
FAQs
Q: What does this economic trend measure?
A: This trend measures the share of a country's total merchandise exports relative to other countries, adjusted for differences in purchasing power across economies.
Q: Why is this trend relevant for users or analysts?
A: This metric provides insights into a country's international trade competitiveness and export performance, 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 national accounts and trade statistics.
Q: How is this trend used in economic policy?
A: Policymakers and analysts use this metric to assess a country's export-oriented development strategy and international market positioning.
Q: Are there update delays or limitations?
A: The data is published annually with a lag, so it may not reflect the most recent economic conditions.
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Citation
U.S. Federal Reserve, Share of Merchandise Exports at Current Purchasing Power Parities for Czech Republic (CSHXCPCZA156NRUG), retrieved from FRED.