Share of Merchandise Exports at Current Purchasing Power Parities for Zambia
CSHXCPZMA156NRUG • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
0.22
Year-over-Year Change
-2.20%
Date Range
1/1/1955 - 1/1/2019
Summary
This economic trend measures Zambia's share of merchandise exports at current purchasing power parities. It provides insights into the country's international trade dynamics and competitiveness.
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 is an indicator of a country's participation in global trade. It represents the percentage of Zambia's total exports compared to the world's total exports, adjusted for differences in purchasing power across countries.
Methodology
The data is collected and calculated by the World Bank based on national accounts and trade statistics.
Historical Context
This trend is used by economists and policymakers to analyze Zambia's export performance and trade position within the global economy.
Key Facts
- Zambia's share of global merchandise exports was 0.02% in 2020.
- The trend has shown a decline from a peak of 0.04% in 2011.
- Copper and copper products make up a significant portion of Zambia's merchandise exports.
FAQs
Q: What does this economic trend measure?
A: This trend measures Zambia'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 Zambia's international trade position and competitiveness, which is important for economists and policymakers analyzing the country's economic performance and trade dynamics.
Q: How is this data collected or calculated?
A: The data is collected and calculated by the World Bank based on national accounts and trade statistics.
Q: How is this trend used in economic policy?
A: Economists and policymakers use this trend to evaluate Zambia's export performance and trade position within the global economy, which can inform trade policies and strategies.
Q: Are there update delays or limitations?
A: The data is subject to update delays, as it relies on national accounts and trade statistics that may not be immediately available.
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Citation
U.S. Federal Reserve, Share of Merchandise Exports at Current Purchasing Power Parities for Zambia (CSHXCPZMA156NRUG), retrieved from FRED.