Share of Merchandise Exports at Current Purchasing Power Parities for Hong Kong
CSHXCPHKA156NRUG • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
2.19
Year-over-Year Change
31.95%
Date Range
1/1/1960 - 1/1/2019
Summary
This economic trend measures Hong Kong's share of global merchandise exports adjusted for purchasing power parity (PPP). It provides insights into Hong Kong's international trade competitiveness and role 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 PPPs for Hong Kong tracks the country's portion of total global merchandise exports, factoring in differences in price levels across countries. This metric is useful for analyzing Hong Kong's trade performance and economic influence relative to other major exporting nations.
Methodology
The data is calculated by the World Bank using national accounts and trade statistics.
Historical Context
Policymakers and analysts use this trend to evaluate Hong Kong's trade position and competitiveness in the global market.
Key Facts
- Hong Kong is one of the world's largest merchandise exporters.
- This metric adjusts for price level differences across countries.
- The trend has fluctuated between 1.1% and 1.6% over the past decade.
FAQs
Q: What does this economic trend measure?
A: This trend measures Hong Kong's share of global merchandise exports, adjusted for differences in purchasing power parity (PPP) across countries.
Q: Why is this trend relevant for users or analysts?
A: This metric provides insights into Hong Kong's international trade competitiveness and economic influence relative to other major exporting nations.
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 trend to evaluate Hong Kong's trade position and competitiveness in the global market.
Q: Are there update delays or limitations?
A: The data is updated annually by the World Bank with a slight delay, and may be subject to revisions over time.
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Citation
U.S. Federal Reserve, Share of Merchandise Exports at Current Purchasing Power Parities for Hong Kong (CSHXCPHKA156NRUG), retrieved from FRED.