Annual, Not Seasonally Adjusted
BPBLTF01DKA636N • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
-38,101,000,000.00
Year-over-Year Change
72.90%
Date Range
1/1/1988 - 1/1/2013
Summary
This trend measures the total value of balance of payments between the U.S. and Denmark on an annual, not seasonally adjusted basis. It is a key economic indicator used to assess international trade flows and the overall health of a country's external accounts.
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 balance of payments is a comprehensive record of a country's transactions with the rest of the world, including trade in goods and services, income flows, and financial transfers. This specific series tracks the annual, non-seasonally adjusted balance between the U.S. and Denmark, providing insights into the trading relationship between the two economies.
Methodology
This data is collected by the U.S. Bureau of Economic Analysis through a variety of surveys and administrative sources.
Historical Context
Policymakers and economists closely monitor balance of payments trends to understand a country's external competitiveness and financial position.
Key Facts
- The U.S. had a balance of payments surplus with Denmark in 2021.
- Services trade accounts for a significant portion of the U.S.-Denmark balance.
- Denmark is one of the U.S.'s largest trading partners in Scandinavia.
FAQs
Q: What does this economic trend measure?
A: This trend measures the total value of balance of payments transactions between the United States and Denmark on an annual, non-seasonally adjusted basis.
Q: Why is this trend relevant for users or analysts?
A: The balance of payments is a key indicator of a country's international economic activity and competitiveness. Tracking the U.S.-Denmark balance provides insights into the trading relationship between the two economies.
Q: How is this data collected or calculated?
A: The data is collected by the U.S. Bureau of Economic Analysis through a variety of surveys and administrative sources.
Q: How is this trend used in economic policy?
A: Policymakers and economists monitor balance of payments trends to understand a country's external competitiveness and financial position, which can inform trade, monetary, and fiscal policies.
Q: Are there update delays or limitations?
A: There may be lags in data reporting due to the time required to collect and process the information from various sources.
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Citation
U.S. Federal Reserve, Annual, Not Seasonally Adjusted (BPBLTF01DKA636N), retrieved from FRED.