US Dollars, Sum Over Component Sub-periods, Annual
BPCFTT01SEA637N • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
-20,800,880,000.00
Year-over-Year Change
291.68%
Date Range
1/1/1982 - 1/1/2013
Summary
This economic trend measures the total U.S. dollar value of international trade and investment flows over a given year. It is a key indicator for analyzing the U.S. balance of payments and international economic engagement.
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 'US Dollars, Sum Over Component Sub-periods, Annual' series from the U.S. Federal Reserve tracks the aggregate U.S. dollar value of all international transactions, including goods, services, income, and financial asset flows, on an annual basis. This broad measure is used by economists and policymakers to assess the nation's overall international economic position.
Methodology
The data is compiled from multiple government sources to calculate the total U.S. dollar value of international transactions over each 12-month period.
Historical Context
This annual balance of payments series is widely referenced to gauge the U.S. economy's global trade and investment activity.
Key Facts
- The U.S. balance of payments totaled over $5 trillion in 2021.
- The U.S. had a trade deficit of nearly $1 trillion in 2022.
- International transactions make up over 25% of U.S. GDP.
FAQs
Q: What does this economic trend measure?
A: This series tracks the total U.S. dollar value of all international transactions, including trade in goods and services, income flows, and financial asset movements, on an annual basis.
Q: Why is this trend relevant for users or analysts?
A: The balance of payments is a critical indicator for assessing the U.S. economy's level of global integration and trade position. It is widely referenced by economists, policymakers, and market analysts.
Q: How is this data collected or calculated?
A: The data is compiled from multiple government sources to calculate the total U.S. dollar value of international transactions over each 12-month period.
Q: How is this trend used in economic policy?
A: Policymakers and central banks use the balance of payments data to monitor the U.S. economy's international competitiveness, trade dynamics, and financial flows, informing decisions on monetary, fiscal, and trade policies.
Q: Are there update delays or limitations?
A: The annual balance of payments data is typically released with a few months' delay, and may be subject to revisions as more complete source data becomes available.
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Citation
U.S. Federal Reserve, 'US Dollars, Sum Over Component Sub-periods, Annual' (BPCFTT01SEA637N), retrieved from FRED.