Annual, Not Seasonally Adjusted
BOPIPTA • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
193.24
Year-over-Year Change
-1444.01%
Date Range
1/1/1960 - 1/1/2013
Summary
The Balance of Payments, Travelers Items, Annual, Not Seasonally Adjusted (BOPIPTA) measures the net income from international travel and passenger transportation services, a key component of the current account balance.
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 BOPIPTA series tracks the value of services trade related to international travel and passenger transportation. This metric is important for understanding a country's overall balance of payments position and cross-border economic activity.
Methodology
The data is collected by the U.S. Bureau of Economic Analysis through surveys of travelers and transportation service providers.
Historical Context
Policymakers and economists monitor the BOPIPTA to assess the health of the services trade sector and a country's competitiveness in the global tourism industry.
Key Facts
- The BOPIPTA has shown a surplus every year since 1960.
- The U.S. is a net exporter of travel and passenger transportation services.
- The BOPIPTA accounts for around 25% of the total U.S. current account balance.
FAQs
Q: What does this economic trend measure?
A: The BOPIPTA measures the net income from international travel and passenger transportation services, which is a key component of the U.S. current account balance.
Q: Why is this trend relevant for users or analysts?
A: The BOPIPTA is an important indicator of a country's competitiveness in the global tourism industry and the health of its services trade sector.
Q: How is this data collected or calculated?
A: The data is collected by the U.S. Bureau of Economic Analysis through surveys of travelers and transportation service providers.
Q: How is this trend used in economic policy?
A: Policymakers and economists monitor the BOPIPTA to assess the overall balance of payments position and make decisions about trade, tourism, and economic policy.
Q: Are there update delays or limitations?
A: The BOPIPTA data is published annually with a typical delay of 3-6 months.
Related Trends
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IEAIOICDA
Direct Investment Liabilities: Debt instruments
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US Acquisition of Other Reserve Assets: Securities
IEAAS
US Acquisition of Reserve Assets: Monetary gold
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US Incurrence of Direct Investment Liabilities
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Citation
U.S. Federal Reserve, Balance of Payments, Travelers Items, Annual, Not Seasonally Adjusted (BOPIPTA), retrieved from FRED.