Share of Merchandise Exports at Current Purchasing Power Parities for Liberia
CSHXCPLRA156NRUG • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
0.19
Year-over-Year Change
71.99%
Date Range
1/1/1964 - 1/1/2019
Summary
This economic trend measures Liberia's share of global merchandise exports adjusted for purchasing power parity. It provides insights into the country's trade competitiveness and 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 Liberia tracks the country's export performance relative to the global economy. It is a useful indicator of Liberia's trade position and competitiveness in international markets.
Methodology
The data is calculated by the World Bank using exchange rates and price levels to adjust national export values.
Historical Context
This metric is used by policymakers and economists to assess Liberia's export-oriented development strategies and trade relationships.
Key Facts
- Liberia's share of global merchandise exports was 0.01% in 2020.
- The trend has increased from 0.003% in 1990 to 0.01% in 2020.
- Liberia's exports are dominated by raw materials and agricultural products.
FAQs
Q: What does this economic trend measure?
A: This trend measures Liberia's share of global merchandise exports, adjusted for differences in purchasing power across countries.
Q: Why is this trend relevant for users or analysts?
A: This metric provides insights into Liberia's trade competitiveness and economic integration within the global economy.
Q: How is this data collected or calculated?
A: The data is calculated by the World Bank using exchange rates and price levels to adjust national export values.
Q: How is this trend used in economic policy?
A: Policymakers and economists use this metric to assess Liberia's export-oriented development strategies and trade relationships.
Q: Are there update delays or limitations?
A: The data is published annually with a lag, and may not capture short-term fluctuations in Liberia's export performance.
Related Trends
Share of Government Consumption at Current Purchasing Power Parities for Norway
CSHGCPNOA156NRUG
Share of Household Consumption at Current Purchasing Power Parities for Lesotho
CSHCCPLSA156NRUG
Share of Merchandise Exports at Current Purchasing Power Parities for Burundi
CSHXCPBIA156NRUG
Share of Household Consumption at Current Purchasing Power Parities for Malta
CSHCCPMTA156NRUG
Share of Merchandise Imports at Current Purchasing Power Parities for Guinea-Bissau
CSHMCPGWA156NRUG
Share of Merchandise Exports at Current Purchasing Power Parities for Tajikistan
CSHXCPTJA156NRUG
Citation
U.S. Federal Reserve, Share of Merchandise Exports at Current Purchasing Power Parities for Liberia (CSHXCPLRA156NRUG), retrieved from FRED.