US Dollars, Sum Over Component Sub-periods, Annual, Not Seasonally Adjusted
BPDBTD01INA637S • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
323,281,520,000.00
Year-over-Year Change
622.34%
Date Range
1/1/1960 - 1/1/2010
Summary
This economic trend measures the total annual value of U.S. dollar banknotes in circulation globally. It is a key indicator of the international demand for the U.S. dollar as a global reserve currency.
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, Not Seasonally Adjusted metric tracks the total value of U.S. currency in circulation worldwide on an annual basis. This statistic is widely used by economists and policymakers to gauge the global preference for the U.S. dollar and the strength of the greenback as the world's preeminent reserve currency.
Methodology
The data is collected by the U.S. Federal Reserve based on the total value of U.S. dollar banknotes in circulation.
Historical Context
This trend provides important insights into the international demand for the U.S. dollar and can inform monetary policy decisions.
Key Facts
- The U.S. dollar is the world's most widely used reserve currency.
- Global U.S. dollar circulation has grown steadily in recent decades.
- The U.S. dollar's dominance is a key advantage for the American economy.
FAQs
Q: What does this economic trend measure?
A: This trend measures the total annual value of U.S. dollar banknotes in circulation globally, providing insight into the international demand for the U.S. dollar as a reserve currency.
Q: Why is this trend relevant for users or analysts?
A: The global circulation of U.S. dollars is a key indicator of the greenback's status as the world's preeminent reserve currency, which has important implications for U.S. monetary policy and the broader economy.
Q: How is this data collected or calculated?
A: The data is collected by the U.S. Federal Reserve based on the total value of U.S. dollar banknotes in circulation.
Q: How is this trend used in economic policy?
A: Policymakers and economists closely monitor this trend to gauge global demand for the U.S. dollar, which can inform decisions on monetary policy and international economic strategy.
Q: Are there update delays or limitations?
A: The data is reported on an annual basis, so there may be a delay of several months before the latest figures are available.
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Citation
U.S. Federal Reserve, US Dollars, Sum Over Component Sub-periods, Annual, Not Seasonally Adjusted (BPDBTD01INA637S), retrieved from FRED.