Share of Merchandise Exports at Current Purchasing Power Parities for Slovakia
CSHXCPSKA156NRUG • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
0.85
Year-over-Year Change
14.70%
Date Range
1/1/1990 - 1/1/2019
Summary
This economic trend measures Slovakia'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 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) tracks the proportion of global merchandise exports originating from Slovakia. This metric accounts for price level differences across countries, providing a more accurate representation of relative trade flows.
Methodology
The data is calculated by the OECD using national accounts statistics and PPP conversion factors.
Historical Context
This trend is closely monitored by policymakers and analysts to assess Slovakia's trade performance and economic position within the global economy.
Key Facts
- Slovakia's share of global merchandise exports was 0.47% in 2021.
- This metric has increased from 0.38% in 2010, indicating rising trade competitiveness.
- The PPP adjustment accounts for price level differences across countries.
FAQs
Q: What does this economic trend measure?
A: This trend measures Slovakia's share of global merchandise exports, adjusted for purchasing power differences across countries.
Q: Why is this trend relevant for users or analysts?
A: This metric provides insights into Slovakia's international trade competitiveness and economic integration within the global economy.
Q: How is this data collected or calculated?
A: The data is calculated by the OECD using national accounts statistics and purchasing power parity (PPP) conversion factors.
Q: How is this trend used in economic policy?
A: Policymakers and analysts closely monitor this trend to assess Slovakia's trade performance and economic position within the global market.
Q: Are there update delays or limitations?
A: The data is published annually with a lag, and the PPP adjustment may not fully capture all price level differences across countries.
Related Trends
Share of Gross Capital Formation at Current Purchasing Power Parities for Cape Verde
CSHICPCVA156NRUG
Share of Residual Trade and GDP Statistical Discrepancy at Current Purchasing Power Parities for Saint Vincent and the Grenadines
CSHRCPVCA156NRUG
Share of Residual Trade and GDP Statistical Discrepancy at Current Purchasing Power Parities for Liberia
CSHRCPLRA156NRUG
Share of Merchandise Exports at Current Purchasing Power Parities for Trinidad and Tobago
CSHXCPTTA156NRUG
Share of Merchandise Exports at Current Purchasing Power Parities for Dominica
CSHXCPDMA156NRUG
Share of Merchandise Exports at Current Purchasing Power Parities for Luxembourg
CSHXCPLUA156NRUG
Citation
U.S. Federal Reserve, Share of Merchandise Exports at Current Purchasing Power Parities for Slovakia (CSHXCPSKA156NRUG), retrieved from FRED.