Balance of Payments: Capital Transfers: Balance (Revenue Minus Expenditure) for Luxembourg
LUXB6CATT02NCCUQ • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
-21,000,000.00
Year-over-Year Change
-4.55%
Date Range
1/1/2002 - 10/1/2024
Summary
This economic trend measures the balance of capital transfers between Luxembourg and the rest of the world, representing net revenue minus expenditure from these transactions.
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 capital transfers balance reflects the net flow of capital, such as investment grants or debt forgiveness, between Luxembourg and other countries. This data provides insight into Luxembourg's international financial position and capital account.
Methodology
The data is collected and reported by the Banque centrale du Luxembourg.
Historical Context
Economists and policymakers use this indicator to analyze Luxembourg's external financial position and international economic relationships.
Key Facts
- Luxembourg is a major global financial center.
- Capital transfers can include investment grants and debt forgiveness.
- This data is reported quarterly by the Banque centrale du Luxembourg.
FAQs
Q: What does this economic trend measure?
A: This trend measures the balance of capital transfers between Luxembourg and the rest of the world, representing the net flow of capital such as investment grants or debt forgiveness.
Q: Why is this trend relevant for users or analysts?
A: This data provides insight into Luxembourg's international financial position and capital account, which is relevant for economists and policymakers analyzing the country's external economic relationships.
Q: How is this data collected or calculated?
A: The data is collected and reported by the Banque centrale du Luxembourg.
Q: How is this trend used in economic policy?
A: Economists and policymakers use this indicator to analyze Luxembourg's external financial position and international economic relationships.
Q: Are there update delays or limitations?
A: This data is reported quarterly by the Banque centrale du Luxembourg.
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Citation
U.S. Federal Reserve, Balance of Payments: Capital Transfers: Balance (Revenue Minus Expenditure) for Luxembourg (LUXB6CATT02NCCUQ), retrieved from FRED.