Quarterly
BPEOTT01BRQ637N • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
-225,000,000.00
Year-over-Year Change
-153.96%
Date Range
1/1/1979 - 10/1/2014
Summary
The Quarterly Balance of Payments: Other Transfers, Total (BPEOTT01BRQ637N) measures net transfers between the U.S. and other countries in areas such as foreign aid, worker remittances, and international organizations.
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 tracks the balance of international transfers that are not directly related to trade or investment, providing insight into the financial flows between the U.S. and the rest of the world. It is an important indicator for economists and policymakers analyzing the U.S. current account and cross-border financial activity.
Methodology
The data is collected and calculated by the U.S. Bureau of Economic Analysis as part of the broader Balance of Payments accounts.
Historical Context
Quarterly Balance of Payments data is closely monitored by the Federal Reserve and other institutions to assess the U.S. external position and guide economic policy.
Key Facts
- The U.S. has run a deficit in other transfers since the early 1980s.
- Remittances from foreign workers in the U.S. are a major component of other transfers.
- The other transfers balance is typically smaller than the trade or investment income balances.
FAQs
Q: What does this economic trend measure?
A: The Quarterly Balance of Payments: Other Transfers, Total (BPEOTT01BRQ637N) measures net international transfers between the U.S. and other countries that are not directly related to trade or investment, such as foreign aid, worker remittances, and contributions to international organizations.
Q: Why is this trend relevant for users or analysts?
A: This data provides insight into the broader financial flows between the U.S. and the rest of the world, which is an important factor in assessing the U.S. current account position and evaluating the nation's external economic relationships.
Q: How is this data collected or calculated?
A: The data is collected and calculated by the U.S. Bureau of Economic Analysis as part of the broader Balance of Payments accounts.
Q: How is this trend used in economic policy?
A: Quarterly Balance of Payments data, including the other transfers balance, is closely monitored by the Federal Reserve and other institutions to assess the U.S. external position and guide economic and financial policy decisions.
Q: Are there update delays or limitations?
A: The Quarterly Balance of Payments data, including the other transfers series, is released with a lag of several months by the Bureau of Economic Analysis.
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Citation
U.S. Bureau of Economic Analysis, Quarterly Balance of Payments: Other Transfers, Total (BPEOTT01BRQ637N), retrieved from FRED.