Balance of Payments: Gross Acquisitions / Disposals of Nonproduced Nonfinancial Assets: Balance (Revenue Minus Expenditure) for Luxembourg
LUXB6CATT01CXCUQ • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
-20,251,390.00
Year-over-Year Change
-74.70%
Date Range
1/1/2002 - 10/1/2024
Summary
This economic trend measures the balance, or net revenue, from Luxembourg's acquisitions and disposals of nonproduced nonfinancial assets. It is an important indicator of a country's external transactions and capital account balance.
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: Gross Acquisitions / Disposals of Nonproduced Nonfinancial Assets: Balance (Revenue Minus Expenditure) for Luxembourg tracks the difference between revenue from selling and expenditure on purchasing nonproduced nonfinancial assets, which include transactions like the sale of land or patents. This data point provides insights into Luxembourg's external sector and international investment position.
Methodology
The data is collected and reported by the Central Bank of Luxembourg.
Historical Context
Economists and policymakers use this metric to analyze Luxembourg's capital account and overall balance of payments.
Key Facts
- Luxembourg is a major global financial center.
- The capital account is a key component of a country's balance of payments.
- Nonproduced nonfinancial assets include things like land, patents, and copyrights.
FAQs
Q: What does this economic trend measure?
A: This trend measures the balance, or net revenue, from Luxembourg's acquisitions and disposals of nonproduced nonfinancial assets, which include transactions like the sale of land or patents.
Q: Why is this trend relevant for users or analysts?
A: This metric provides insights into Luxembourg's external sector and international investment position, which is important for economists and policymakers analyzing the country's balance of payments and capital account.
Q: How is this data collected or calculated?
A: The data is collected and reported by the Central Bank of Luxembourg.
Q: How is this trend used in economic policy?
A: Economists and policymakers use this metric to analyze Luxembourg's capital account and overall balance of payments, which informs decisions on international trade, investment, and economic policies.
Q: Are there update delays or limitations?
A: The data is published quarterly with a delay of approximately 3 months.
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Citation
U.S. Federal Reserve, Balance of Payments: Gross Acquisitions / Disposals of Nonproduced Nonfinancial Assets: Balance (Revenue Minus Expenditure) for Luxembourg (LUXB6CATT01CXCUQ), retrieved from FRED.