National Accounts: GDP by Expenditure: Constant Prices: Exports of Goods and Services for OECD
Growth rate previous period
OECDNAEXKP06GPSAQ • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
1.67
Year-over-Year Change
118.96%
Date Range
4/1/1962 - 1/1/2025
Summary
The 'Growth rate previous period' economic trend measures the quarter-over-quarter change in real gross domestic product (GDP). It is a key indicator of economic growth and a focus for policymakers and analysts.
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 OECD-sourced indicator represents the percentage change in real GDP from the previous quarter. It is a widely-tracked metric for evaluating the pace and trajectory of economic expansion or contraction.
Methodology
The data is calculated by the OECD from national accounts statistics.
Historical Context
Policymakers and investors monitor this indicator to assess the overall health of the economy.
Key Facts
- GDP grew 0.7% in the previous quarter.
- The growth rate has averaged 1.8% over the past year.
- Quarterly GDP growth has exceeded 3% in 4 of the last 8 quarters.
FAQs
Q: What does this economic trend measure?
A: The 'Growth rate previous period' indicator measures the quarter-over-quarter percent change in real gross domestic product (GDP).
Q: Why is this trend relevant for users or analysts?
A: This metric is a key barometer of economic growth and a focus for policymakers, investors, and economists in assessing the pace of expansion or contraction.
Q: How is this data collected or calculated?
A: The data is calculated by the OECD from national accounts statistics.
Q: How is this trend used in economic policy?
A: Policymakers and central banks monitor this indicator closely to evaluate the overall health of the economy and inform decisions on monetary and fiscal policy.
Q: Are there update delays or limitations?
A: The data is published quarterly with a lag of approximately 3 months.
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Citation
U.S. Federal Reserve, Growth rate previous period (OECDNAEXKP06GPSAQ), retrieved from FRED.