Share of Merchandise Exports at Current Purchasing Power Parities for Sudan
CSHXCPSDA156NRUG • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
0.02
Year-over-Year Change
-47.90%
Date Range
1/1/1970 - 1/1/2019
Summary
This trend measures Sudan's share of merchandise exports at current purchasing power parities. It provides insights into the country's international trade dynamics and competitiveness in global markets.
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 reflects Sudan's participation in international trade and the relative competitiveness of its exports compared to other countries. This metric is used by economists and policymakers to analyze a country's trade position and integration within the global economy.
Methodology
The data is calculated by the World Bank using exchange rates and price levels to adjust for differences in purchasing power across countries.
Historical Context
This trend is relevant for understanding Sudan's economic policies, trade agreements, and overall economic performance.
Key Facts
- Sudan's merchandise exports account for a small share of global trade.
- The share of exports has remained relatively stable over the past decade.
- Diversifying exports is a key economic priority for Sudan.
FAQs
Q: What does this economic trend measure?
A: This trend measures Sudan's share of merchandise exports at current purchasing power parities, which reflects the country's participation in international trade and the competitiveness of its exports.
Q: Why is this trend relevant for users or analysts?
A: This trend provides insights into Sudan's trade position and integration within the global economy, which is crucial for understanding the country's economic policies, trade agreements, and overall economic performance.
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 for differences in purchasing power across countries.
Q: How is this trend used in economic policy?
A: This trend is used by economists and policymakers to analyze Sudan's trade dynamics and competitiveness, which informs economic policies, trade agreements, and strategies for diversifying exports.
Q: Are there update delays or limitations?
A: The data may have some update delays due to the time required for data collection and processing by the World Bank.
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Citation
U.S. Federal Reserve, Share of Merchandise Exports at Current Purchasing Power Parities for Sudan (CSHXCPSDA156NRUG), retrieved from FRED.