Real Exports of Goods and Services for India
Annual
NXRXDCINA • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
40,267,747.40
Year-over-Year Change
75.84%
Date Range
1/1/2005 - 1/1/2024
Summary
The 'Annual' economic trend measures the value of U.S. net exports of goods and services as a percentage of GDP. It provides insight into the nation's trade balance and international competitiveness.
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' trend represents the annual net exports of goods and services as a percentage of gross domestic product (GDP) in the United States. This metric is a key indicator of a country's trade position and can inform economic policy decisions.
Methodology
The data is calculated by the U.S. Bureau of Economic Analysis based on national accounts information.
Historical Context
Policymakers and analysts use this trend to assess the strength of the U.S. economy's international trade position.
Key Facts
- The U.S. has run a trade deficit since the 1970s.
- Net exports peaked at 0.5% of GDP in 1991.
- The trade deficit reached a record high of -5.3% of GDP in 2006.
FAQs
Q: What does this economic trend measure?
A: The 'Annual' trend measures the value of U.S. net exports of goods and services as a percentage of GDP.
Q: Why is this trend relevant for users or analysts?
A: This metric provides insight into the nation's trade balance and international competitiveness, which are important factors for economic policymaking.
Q: How is this data collected or calculated?
A: The data is calculated by the U.S. Bureau of Economic Analysis based on national accounts information.
Q: How is this trend used in economic policy?
A: Policymakers and analysts use this trend to assess the strength of the U.S. economy's international trade position and inform economic policy decisions.
Q: Are there update delays or limitations?
A: The data is published annually with a delay, so it may not reflect the most recent economic conditions.
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Citation
U.S. Federal Reserve, Annual (NXRXDCINA), retrieved from FRED.