National Accounts: GDP by Expenditure: Constant Prices: Private Final Consumption Expenditure for OECD

Index 2015=100

OECDNAEXKP02IXOBSAQ • Economic Data from Federal Reserve Economic Data (FRED)

Latest Value

116.87

Year-over-Year Change

11.30%

Date Range

1/1/1962 - 7/1/2023

Summary

The Index 2015=100 measures the level of national accounts expressed in real terms, using 2015 as the base year. This trend provides valuable insights into the overall economic performance of a country.

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 Index 2015=100 is a macroeconomic indicator that tracks the real (inflation-adjusted) growth or decline of a country's national accounts over time. It is a widely used measure for comparing economic activity and evaluating the health of a nation's economy.

Methodology

The data is collected and calculated by the OECD based on national accounts information.

Historical Context

This index is closely monitored by policymakers, economists, and market analysts to assess economic conditions and inform decision-making.

Key Facts

  • The index uses 2015 as the base year, with a value of 100.
  • It measures the real, inflation-adjusted growth of a country's national accounts.
  • The index is a valuable indicator of overall economic performance.

FAQs

Q: What does this economic trend measure?

A: The Index 2015=100 measures the level of national accounts expressed in real terms, using 2015 as the base year. It provides a measure of a country's economic activity and growth over time.

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

A: This index is a widely used macroeconomic indicator that helps policymakers, economists, and market analysts assess the overall health and performance of a country's economy.

Q: How is this data collected or calculated?

A: The data is collected and calculated by the OECD based on national accounts information.

Q: How is this trend used in economic policy?

A: The Index 2015=100 is closely monitored by policymakers, economists, and market analysts to evaluate economic conditions and inform decision-making.

Q: Are there update delays or limitations?

A: The OECD provides regular updates to this index, but there may be some delays in data availability.

Related Trends

Citation

U.S. Federal Reserve, Index 2015=100 (OECDNAEXKP02IXOBSAQ), retrieved from FRED.