Share of Merchandise Exports at Current Purchasing Power Parities for New Zealand
CSHXCPNZA156NRUG • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
0.30
Year-over-Year Change
-5.13%
Date Range
1/1/1950 - 1/1/2019
Summary
This economic trend measures New Zealand's share of global merchandise exports adjusted for purchasing power differences. It is an important indicator of a country's international trade competitiveness and economic influence.
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 New Zealand tracks the proportion of global merchandise exports originating from New Zealand. It accounts for differences in national price levels, providing a more accurate assessment of trade performance.
Methodology
The data is calculated by the OECD using national accounts and trade statistics.
Historical Context
This metric is closely monitored by policymakers and analysts to gauge New Zealand's export-driven economic growth and international market position.
Key Facts
- New Zealand's export share was 0.18% in 2021.
- Export competitiveness is crucial for New Zealand's trade-dependent economy.
- The metric adjusts for price level differences between countries.
FAQs
Q: What does this economic trend measure?
A: This trend measures New Zealand's share of global merchandise exports, adjusted for differences in national price levels using purchasing power parities.
Q: Why is this trend relevant for users or analysts?
A: This metric provides insights into New Zealand's international trade competitiveness and economic influence, which are crucial factors for policymakers and market analysts.
Q: How is this data collected or calculated?
A: The data is calculated by the OECD using national accounts and trade statistics.
Q: How is this trend used in economic policy?
A: This trend is closely monitored by policymakers and analysts to gauge New Zealand's export-driven economic growth and international market position.
Q: Are there update delays or limitations?
A: The data is published with some delay, and may be subject to revisions by the OECD.
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Citation
U.S. Federal Reserve, Share of Merchandise Exports at Current Purchasing Power Parities for New Zealand (CSHXCPNZA156NRUG), retrieved from FRED.