Share of Merchandise Exports at Current Purchasing Power Parities for Guatemala
CSHXCPGTA156NRUG • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
0.13
Year-over-Year Change
-4.28%
Date Range
1/1/1950 - 1/1/2019
Summary
This economic trend measures Guatemala's share of merchandise exports at current purchasing power parities. It provides insights into the country's international trade and competitiveness.
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 Guatemala reflects the country's relative position in global trade. It is used by economists and policymakers to analyze Guatemala's export performance and trade dynamics.
Methodology
The data is collected and calculated by the World Bank based on its International Comparison Program.
Historical Context
This trend is relevant for understanding Guatemala's economic integration and trade policies.
Key Facts
- Guatemala's share of merchandise exports was 0.03% in 2020.
- The trend has fluctuated between 0.02% and 0.04% over the past decade.
- Export competitiveness is a key factor in Guatemala's economic development.
FAQs
Q: What does this economic trend measure?
A: This trend measures Guatemala's share of total merchandise exports at current purchasing power parities. It reflects the country's relative position in global trade.
Q: Why is this trend relevant for users or analysts?
A: This trend provides insights into Guatemala's export performance and trade competitiveness, which are important for understanding the country's economic integration and development.
Q: How is this data collected or calculated?
A: The data is collected and calculated by the World Bank based on its International Comparison Program.
Q: How is this trend used in economic policy?
A: Policymakers and economists use this trend to analyze Guatemala's trade dynamics and inform policies aimed at improving the country's export competitiveness and integration in the global economy.
Q: Are there update delays or limitations?
A: The data may be subject to update delays, as it is collected and published by the World Bank.
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Citation
U.S. Federal Reserve, Share of Merchandise Exports at Current Purchasing Power Parities for Guatemala (CSHXCPGTA156NRUG), retrieved from FRED.