Capital Account, Net (Excludes Exceptional Financing) for Argentina
Annual
CANEEFARA052N • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
180,930,000.00
Year-over-Year Change
256.16%
Date Range
1/1/1976 - 1/1/2008
Summary
The Annual Economic Activity trend measures the year-over-year change in nominal GDP for Canada. This metric is a key indicator of overall economic performance and used by policymakers to assess the health of the Canadian economy.
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 Annual Economic Activity trend tracks the annual rate of change in Canada's gross domestic product (GDP), which is the total value of all goods and services produced in the country. This broad measure of economic output is closely watched by economists and governments to gauge the strength and trajectory of the Canadian economy.
Methodology
The data is calculated by Statistics Canada based on GDP figures.
Historical Context
Policymakers and analysts use this metric to inform economic and monetary policy decisions.
Key Facts
- Canada's GDP grew 4.6% in 2021.
- The COVID-19 pandemic caused GDP to contract 5.2% in 2020.
- The Annual Economic Activity trend is reported quarterly by Statistics Canada.
FAQs
Q: What does this economic trend measure?
A: The Annual Economic Activity trend measures the year-over-year change in Canada's nominal gross domestic product (GDP), which reflects the total value of all goods and services produced in the country.
Q: Why is this trend relevant for users or analysts?
A: This metric is a key indicator of overall economic performance and used by policymakers, economists, and investors to assess the health and trajectory of the Canadian economy.
Q: How is this data collected or calculated?
A: The data is calculated by Statistics Canada based on their GDP figures.
Q: How is this trend used in economic policy?
A: Policymakers and analysts use this metric to inform economic and monetary policy decisions in Canada.
Q: Are there update delays or limitations?
A: The Annual Economic Activity trend is reported quarterly by Statistics Canada with a typical 2-month publication delay.
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Citation
U.S. Federal Reserve, Annual Economic Activity (CANEEFARA052N), retrieved from FRED.