Share of Merchandise Exports at Current Purchasing Power Parities for Togo
CSHXCPTGA156NRUG • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
0.08
Year-over-Year Change
28.68%
Date Range
1/1/1960 - 1/1/2019
Summary
This economic trend measures Togo's share of merchandise exports at current purchasing power parities, providing insights into the country's international trade dynamics.
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 Togo is an indicator that reflects the relative size of Togo's exports compared to the global market. It is used by economists and policymakers to analyze Togo's trade competitiveness and integration into the global economy.
Methodology
The data is calculated by the World Bank based on national accounts and balance of payments statistics.
Historical Context
This trend is relevant for understanding Togo's economic performance and trade policies.
Key Facts
- Togo's share of global merchandise exports was 0.01% in 2020.
- The trend has declined from a peak of 0.03% in 2013.
- Togo's main export products include re-exports, cotton, and phosphates.
FAQs
Q: What does this economic trend measure?
A: This trend measures Togo's share of total global merchandise exports, adjusted for differences in purchasing power across countries.
Q: Why is this trend relevant for users or analysts?
A: This trend provides insights into Togo's trade competitiveness and integration with the global economy, which is important for understanding the country's economic performance and trade policies.
Q: How is this data collected or calculated?
A: The data is calculated by the World Bank based on national accounts and balance of payments statistics.
Q: How is this trend used in economic policy?
A: Policymakers and economists use this trend to analyze Togo's trade position and competitiveness, which can inform trade and economic development policies.
Q: Are there update delays or limitations?
A: The data is published annually by the World Bank with a lag of about 1-2 years, so the most recent data may not reflect the current economic situation.
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Citation
U.S. Federal Reserve, Share of Merchandise Exports at Current Purchasing Power Parities for Togo (CSHXCPTGA156NRUG), retrieved from FRED.