Share of Merchandise Exports at Current Purchasing Power Parities for Gabon
CSHXCPGAA156NRUG • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
0.32
Year-over-Year Change
-38.33%
Date Range
1/1/1960 - 1/1/2019
Summary
This economic trend measures Gabon's share of global merchandise exports adjusted for purchasing power parity. It provides insights into the country's trade competitiveness and global economic integration.
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 Gabon tracks the country's export performance relative to the global economy. It accounts for differences in national price levels, offering a more accurate representation of trade flows.
Methodology
The data is calculated by the World Bank using national accounts and trade statistics.
Historical Context
This indicator is widely used by economists and policymakers to assess a country's trade position and external sector performance.
Key Facts
- Gabon's share of global merchandise exports was 0.08% in 2020.
- This metric has declined from a peak of 0.15% in the early 2000s.
- Gabon's trade competitiveness has been impacted by structural economic challenges.
FAQs
Q: What does this economic trend measure?
A: This trend measures Gabon's share of global merchandise exports, adjusted for differences in national price levels using purchasing power parities.
Q: Why is this trend relevant for users or analysts?
A: This indicator provides insights into Gabon's trade competitiveness and economic integration within the global economy, which is important for assessing the country's external sector performance.
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: Economists and policymakers use this indicator to evaluate a country's trade position and formulate policies to enhance its external sector performance and global competitiveness.
Q: Are there update delays or limitations?
A: The data is published with a lag, and there may be challenges in accurately measuring trade flows and price levels, particularly in developing economies.
Related Trends
Share of Government Consumption at Current Purchasing Power Parities for Congo
CSHGCPCGA156NRUG
Share of Merchandise Imports at Current Purchasing Power Parities for Peru
CSHMCPPEA156NRUG
Share of Household Consumption at Current Purchasing Power Parities for Lithuania
CSHCCPLTA156NRUG
Share of Household Consumption at Current Purchasing Power Parities for Bulgaria
CSHCCPBGA156NRUG
Share of Residual Trade and GDP Statistical Discrepancy at Current Purchasing Power Parities for Chad
CSHRCPTDA156NRUG
Share of Merchandise Imports at Current Purchasing Power Parities for Syrian Arab Republic
CSHMCPSYA156NRUG
Citation
U.S. Federal Reserve, Share of Merchandise Exports at Current Purchasing Power Parities for Gabon (CSHXCPGAA156NRUG), retrieved from FRED.