Share of Merchandise Exports at Current Purchasing Power Parities for United States
CSHXCPUSA156NRUG • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
0.11
Year-over-Year Change
4.89%
Date Range
1/1/1950 - 1/1/2019
Summary
The Share of Merchandise Exports at Current Purchasing Power Parities for the United States measures the country's exports as a percentage of global merchandise exports on a purchasing power parity basis. This metric is crucial for understanding the US's competitiveness in global trade.
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 series represents the United States' share of total global merchandise exports, adjusted for differences in purchasing power across countries. It provides insight into the US's export performance and competitive position relative to other major economies.
Methodology
The data is calculated by the World Bank using exchange rate and production data.
Historical Context
Policymakers and analysts use this metric to assess the US's trade position and the effectiveness of policies impacting exports.
Key Facts
- The US share of global merchandise exports was 8.7% in 2021.
- US exports on a purchasing power parity basis have declined from over 13% in the 1980s.
- Export competitiveness is a key factor in US economic growth and trade policy.
FAQs
Q: What does this economic trend measure?
A: This metric measures the United States' 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 insight into the US's export performance and competitive position relative to other major economies, which is crucial for understanding the country's trade competitiveness.
Q: How is this data collected or calculated?
A: The data is calculated by the World Bank using exchange rate and production data.
Q: How is this trend used in economic policy?
A: Policymakers and analysts use this metric to assess the US's trade position and the effectiveness of policies impacting exports.
Q: Are there update delays or limitations?
A: The data is subject to potential delays in reporting and may not fully capture all aspects of the US's export competitiveness.
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Citation
U.S. Federal Reserve, Share of Merchandise Exports at Current Purchasing Power Parities for United States (CSHXCPUSA156NRUG), retrieved from FRED.