Percent of GDP, Annual, Not Seasonally Adjusted
BPBLTT01IEA188S • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
6.04
Year-over-Year Change
-1043.75%
Date Range
1/1/1997 - 1/1/2013
Summary
This economic trend measures the total income from U.S. exports as a percentage of the nation's gross domestic product (GDP) on an annual, non-seasonally adjusted basis. It provides insight into the role of international trade in the broader economy.
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 Percent of GDP, Annual, Not Seasonally Adjusted metric tracks the value of U.S. exports relative to the overall size of the domestic economy. It is a key indicator used by economists and policymakers to assess the degree of economic integration and the potential impacts of trade policies.
Methodology
This data is collected and calculated by the U.S. Bureau of Economic Analysis (BEA) based on national accounts and trade statistics.
Historical Context
The export-to-GDP ratio is widely monitored by market analysts, trade negotiators, and economic forecasters to gauge the health of the U.S. external sector and the potential for growth or disruption.
Key Facts
- U.S. exports accounted for 12.4% of GDP in 2021.
- The export-to-GDP ratio has fluctuated between 9-15% over the past two decades.
- Services exports make up around one-third of total U.S. exports.
FAQs
Q: What does this economic trend measure?
A: This metric tracks the value of U.S. exports as a percentage of the country's gross domestic product (GDP) on an annual, non-seasonally adjusted basis.
Q: Why is this trend relevant for users or analysts?
A: The export-to-GDP ratio is a key indicator used by economists, policymakers, and market analysts to assess the degree of economic integration and the potential impacts of trade policies on the broader U.S. economy.
Q: How is this data collected or calculated?
A: The data is collected and calculated by the U.S. Bureau of Economic Analysis (BEA) based on national accounts and trade statistics.
Q: How is this trend used in economic policy?
A: The export-to-GDP ratio is widely monitored by trade negotiators, economic forecasters, and market analysts to gauge the health of the U.S. external sector and the potential for growth or disruption.
Q: Are there update delays or limitations?
A: The data is published annually by the BEA, with a typical release lag of several months after the end of the reference year.
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Citation
U.S. Federal Reserve, Percent of GDP, Annual, Not Seasonally Adjusted (BPBLTT01IEA188S), retrieved from FRED.