Share of Merchandise Exports at Current Purchasing Power Parities for Spain
CSHXCPESA156NRUG • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
0.27
Year-over-Year Change
14.49%
Date Range
1/1/1950 - 1/1/2019
Summary
This economic trend measures Spain's share of global merchandise exports adjusted for purchasing power differences. It is an important indicator of Spain's international trade competitiveness and 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 for Spain tracks the percentage of global merchandise exports originating from Spain. This metric accounts for variations in domestic price levels, providing a more accurate representation of Spain's export market share.
Methodology
The data is calculated by the OECD based on merchandise trade statistics and purchasing power parity exchange rates.
Historical Context
This trend is closely monitored by policymakers and analysts to assess Spain's export-driven economic growth and global trade positioning.
Key Facts
- Spain accounts for approximately 1.7% of global merchandise exports.
- Spain's export share has remained relatively stable over the past decade.
- Exports are a significant driver of Spain's GDP, comprising over 30% of economic output.
FAQs
Q: What does this economic trend measure?
A: This trend measures Spain's share of global merchandise exports adjusted for differences in domestic price levels using purchasing power parity.
Q: Why is this trend relevant for users or analysts?
A: This trend provides insight into Spain's international trade competitiveness and export-driven economic performance.
Q: How is this data collected or calculated?
A: The data is calculated by the OECD based on merchandise trade statistics and purchasing power parity exchange rates.
Q: How is this trend used in economic policy?
A: Policymakers and analysts closely monitor this trend to assess Spain's export market positioning and formulate policies to support its international trade and economic growth.
Q: Are there update delays or limitations?
A: The data is published with a lag, and 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 Spain (CSHXCPESA156NRUG), retrieved from FRED.