Share of Merchandise Exports at Current Purchasing Power Parities for Niger
CSHXCPNEA156NRUG • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
0.09
Year-over-Year Change
34.98%
Date Range
1/1/1960 - 1/1/2019
Summary
The 'Share of Merchandise Exports at Current Purchasing Power Parities for Niger' measures the relative value of Niger's merchandise exports compared to other countries, adjusting for differences in purchasing power.
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 economic indicator provides insights into Niger's trade competitiveness and the structure of its export economy. It is used by policymakers and analysts to assess Niger's integration into the global trading system and identify opportunities for export-led growth.
Methodology
The data is calculated by the World Bank using exchange rates and price levels to ensure comparable measures across countries.
Historical Context
Trends in this indicator help inform trade and development policies in Niger and its trading partners.
Key Facts
- Niger's share of global merchandise exports was 0.02% in 2020.
- The indicator has declined from a high of 0.05% in 2010.
- Niger's primary exports are uranium, gold, and livestock products.
FAQs
Q: What does this economic trend measure?
A: This indicator measures Niger'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: The share of merchandise exports is an important measure of a country's trade competitiveness and economic integration.
Q: How is this data collected or calculated?
A: The data is calculated by the World Bank using exchange rates and price levels to ensure comparable measures across countries.
Q: How is this trend used in economic policy?
A: Trends in this indicator help inform trade and development policies in Niger and its trading partners.
Q: Are there update delays or limitations?
A: The data is published annually with a lag, so the most recent year may not be available.
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Citation
U.S. Federal Reserve, Share of Merchandise Exports at Current Purchasing Power Parities for Niger (CSHXCPNEA156NRUG), retrieved from FRED.