Share of Merchandise Exports at Current Purchasing Power Parities for Jamaica
CSHXCPJMA156NRUG • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
0.38
Year-over-Year Change
-4.44%
Date Range
1/1/1953 - 1/1/2019
Summary
The 'Share of Merchandise Exports at Current Purchasing Power Parities for Jamaica' measures the portion of Jamaica's total exports that are goods rather than services. This metric is important for understanding the composition and competitiveness of Jamaica's international trade.
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
This series represents the proportion of Jamaica's total exports that are physical goods, as opposed to services exports. It provides insight into the structure and focus of Jamaica's export economy relative to other countries.
Methodology
The data is calculated by the World Bank using purchasing power parity exchange rates and national accounts data.
Historical Context
Policymakers and analysts use this metric to assess Jamaica's trade patterns and economic diversification.
Key Facts
- Jamaica's merchandise exports account for over 50% of its total exports.
- Jamaica's merchandise exports have grown steadily over the past decade.
- The manufacturing sector comprises a significant portion of Jamaica's merchandise exports.
FAQs
Q: What does this economic trend measure?
A: This trend measures the share of Jamaica's total exports that are physical goods, as opposed to services exports.
Q: Why is this trend relevant for users or analysts?
A: This metric provides insight into the structure and competitiveness of Jamaica's export economy, which is important for policymakers and economists.
Q: How is this data collected or calculated?
A: The data is calculated by the World Bank using purchasing power parity exchange rates and national accounts data.
Q: How is this trend used in economic policy?
A: Policymakers and analysts use this metric to assess Jamaica's trade patterns and economic diversification.
Q: Are there update delays or limitations?
A: The data is updated annually by the World Bank and may have a 1-2 year lag.
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Citation
U.S. Federal Reserve, Share of Merchandise Exports at Current Purchasing Power Parities for Jamaica (CSHXCPJMA156NRUG), retrieved from FRED.