Federal Government; Special Drawing Rights (SDRs) Allocations; Liability, Level
FGSDRIA027N • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
149,795.00
Year-over-Year Change
175.98%
Date Range
1/1/1945 - 1/1/2024
Summary
This economic trend measures the total liability of Special Drawing Rights (SDRs) allocated to the U.S. federal government. It provides insight into the government's participation in the IMF's global reserve asset system.
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
Special Drawing Rights (SDRs) are an international reserve asset created by the International Monetary Fund (IMF) to supplement the official reserves of member countries. This series tracks the total value of SDRs allocated to the U.S. federal government, which can be used in international transactions.
Methodology
The data is collected and reported by the U.S. Federal Reserve.
Historical Context
Monitoring SDR allocations is relevant for policymakers and analysts assessing the government's international financial obligations and reserve asset position.
Key Facts
- SDRs are an international reserve asset created by the IMF.
- The U.S. government's SDR allocation has ranged from $5 billion to $53 billion since 1970.
- SDRs can be exchanged for other currencies to make international payments.
FAQs
Q: What does this economic trend measure?
A: This trend measures the total liability of Special Drawing Rights (SDRs) allocated to the U.S. federal government by the International Monetary Fund (IMF).
Q: Why is this trend relevant for users or analysts?
A: Monitoring the government's SDR allocation is important for assessing its international financial obligations and reserve asset position, which is relevant for policymakers and economic analysts.
Q: How is this data collected or calculated?
A: The data is collected and reported by the U.S. Federal Reserve.
Q: How is this trend used in economic policy?
A: Policymakers and analysts use this data to evaluate the government's participation in the IMF's global reserve asset system and its international financial standing.
Q: Are there update delays or limitations?
A: The data is reported by the Federal Reserve with no significant update delays.
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Citation
U.S. Federal Reserve, Federal Government; Special Drawing Rights (SDRs) Allocations; Liability, Level (FGSDRIA027N), retrieved from FRED.