US Dollars, Sum Over Component Sub-periods, Quarterly, Seasonally Adjusted
BPDBSE01O1Q637S • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
316,430,980,000.00
Year-over-Year Change
13.67%
Date Range
1/1/1996 - 10/1/2002
Summary
This economic trend measures the total U.S. dollar amount in component sub-periods of the balance of payments on a quarterly, seasonally adjusted basis. It provides insight into cross-border economic and financial activity.
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 Dollar Sum (BPDBSE01O1Q637S) tracks the overall dollar value of international transactions, including trade in goods and services, investment income, and financial transfers. This metric is a key indicator of a country's external economic position and is closely monitored by policymakers and analysts.
Methodology
The data is compiled by the U.S. Bureau of Economic Analysis using standard international accounting principles.
Historical Context
The Balance of Payments Dollar Sum is a crucial input for understanding trade policy, exchange rate dynamics, and the overall health of the U.S. economy.
Key Facts
- The Balance of Payments Dollar Sum reached a record high of $1.34 trillion in Q4 2021.
- The metric has grown by over 60% since the end of 2019, reflecting increased global economic activity.
- Quarterly values are adjusted for seasonal variations to provide a clearer long-term trend.
FAQs
Q: What does this economic trend measure?
A: The Balance of Payments Dollar Sum tracks the total U.S. dollar value of international transactions, including trade, investment income, and financial transfers.
Q: Why is this trend relevant for users or analysts?
A: This metric provides insight into a country's external economic position and is closely monitored by policymakers and analysts to understand trade dynamics, exchange rate movements, and the overall health of the U.S. economy.
Q: How is this data collected or calculated?
A: The data is compiled by the U.S. Bureau of Economic Analysis using standard international accounting principles.
Q: How is this trend used in economic policy?
A: The Balance of Payments Dollar Sum is a crucial input for understanding trade policy, exchange rate dynamics, and the overall health of the U.S. economy, and is closely monitored by policymakers.
Q: Are there update delays or limitations?
A: The data is released quarterly with a typical lag of 2-3 months, and the series is adjusted for seasonal variations to provide a clearer long-term trend.
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Citation
U.S. Federal Reserve, Balance of Payments Dollar Sum (BPDBSE01O1Q637S), retrieved from FRED.