Balance of Payments: Financial Account: Assets (or Net Acquisition of Assets) for Ireland

IRLB6FATC01CXCUQ • Economic Data from Federal Reserve Economic Data (FRED)

Latest Value

206,051,500,000.00

Year-over-Year Change

10.56%

Date Range

1/1/2002 - 10/1/2024

Summary

The Balance of Payments: Financial Account: Assets (or Net Acquisition of Assets) for Ireland measures the country's international financial transactions, a key indicator of its economic performance and global integration.

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

This trend represents Ireland's net acquisition of foreign financial assets, such as stocks, bonds, and direct investments. It is a crucial component of the country's overall balance of payments and provides insights into its capital flows and international investment position.

Methodology

The data is collected and calculated by Ireland's Central Statistics Office based on surveys of financial institutions and other economic entities.

Historical Context

Policymakers and analysts use this trend to assess Ireland's external sector dynamics and financial stability.

Key Facts

  • Ireland is a highly open economy with significant international financial transactions.
  • The Balance of Payments: Financial Account is a key indicator of Ireland's economic integration and external position.
  • Positive values for this trend indicate that Ireland is a net acquirer of foreign financial assets.

FAQs

Q: What does this economic trend measure?

A: This trend measures Ireland's net acquisition of foreign financial assets, which is a crucial component of the country's overall balance of payments.

Q: Why is this trend relevant for users or analysts?

A: This trend provides insights into Ireland's capital flows, international investment position, and economic integration, which are important for policymakers and analysts to assess the country's financial stability and external sector dynamics.

Q: How is this data collected or calculated?

A: The data is collected and calculated by Ireland's Central Statistics Office based on surveys of financial institutions and other economic entities.

Q: How is this trend used in economic policy?

A: Policymakers and analysts use this trend to assess Ireland's external sector dynamics and financial stability, which informs economic policy decisions.

Q: Are there update delays or limitations?

A: The data is subject to the publication schedule and potential revisions of Ireland's Central Statistics Office.

Related Trends

Citation

U.S. Federal Reserve, Balance of Payments: Financial Account: Assets (or Net Acquisition of Assets) for Ireland (IRLB6FATC01CXCUQ), retrieved from FRED.