Share of Merchandise Exports at Current Purchasing Power Parities for Montenegro
CSHXCPMEA156NRUG • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
0.05
Year-over-Year Change
-46.14%
Date Range
1/1/1990 - 1/1/2019
Summary
This economic trend measures Montenegro's share of global merchandise exports adjusted for purchasing power differences. It provides insights into the country's 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 Purchasing Power Parities for Montenegro tracks the percentage of total world merchandise exports attributed to Montenegro. This indicator offers valuable perspectives on the country's trade position and economic integration within the global marketplace.
Methodology
The data is calculated based on national accounts and trade statistics collected by international organizations.
Historical Context
Policymakers and analysts use this metric to assess Montenegro's trade performance and competitiveness relative to other economies.
Key Facts
- Montenegro's share of global merchandise exports was 0.01% in 2021.
- The country's trade competitiveness has improved in recent years.
- Merchandise exports account for a significant portion of Montenegro's GDP.
FAQs
Q: What does this economic trend measure?
A: This metric tracks Montenegro's share of total world merchandise exports, adjusted for differences in purchasing power across countries.
Q: Why is this trend relevant for users or analysts?
A: This indicator provides insights into Montenegro's trade competitiveness and economic integration within the global marketplace.
Q: How is this data collected or calculated?
A: The data is calculated based on national accounts and trade statistics collected by international organizations.
Q: How is this trend used in economic policy?
A: Policymakers and analysts use this metric to assess Montenegro's trade performance and competitiveness relative to other economies.
Q: Are there update delays or limitations?
A: The data may be subject to periodic revisions and updates, and may not capture the most recent economic conditions.
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Citation
U.S. Federal Reserve, Share of Merchandise Exports at Current Purchasing Power Parities for Montenegro (CSHXCPMEA156NRUG), retrieved from FRED.