Nominal Total Credit to General Government, Adjusted for Breaks, for Australia
Billions of Australian Dollars
QAUGANXDCA • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
1,409.24
Year-over-Year Change
18.88%
Date Range
4/1/1988 - 10/1/2024
Summary
The 'Billions of Australian Dollars' economic trend measures the total value of Australian dollars in circulation. This metric is crucial for understanding monetary policy and economic growth in Australia.
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 series represents the total Australian currency and coins held by the public, providing insight into the overall money supply. It is a key indicator used by the Reserve Bank of Australia and economists to analyze monetary conditions and inflationary pressures.
Methodology
The data is collected and calculated by the Reserve Bank of Australia.
Historical Context
Policymakers and analysts monitor this trend to assess the effectiveness of monetary policy and make informed decisions.
Key Facts
- Australia is one of the world's largest producers of circulating currency.
- The Australian dollar is the 5th most traded currency globally.
- Billions of Australian Dollars has increased by over 50% in the last decade.
FAQs
Q: What does this economic trend measure?
A: This trend measures the total value of Australian currency and coins held by the public, providing insight into the country's money supply.
Q: Why is this trend relevant for users or analysts?
A: The Billions of Australian Dollars trend is a crucial indicator used by the Reserve Bank of Australia and economists to assess monetary conditions and inflationary pressures.
Q: How is this data collected or calculated?
A: The data is collected and calculated by the Reserve Bank of Australia.
Q: How is this trend used in economic policy?
A: Policymakers and analysts monitor this trend to evaluate the effectiveness of monetary policy and make informed decisions about the Australian economy.
Q: Are there update delays or limitations?
A: The data is published regularly by the Reserve Bank of Australia, with minimal update delays.
Related Trends
Infra-Annual Labor Statistics: Employment Male: From 15 to 24 Years for Australia
LFEM24MAAUQ647N
Production, Sales, Work Started and Orders: Production Volume: Economic Activity: Manufacturing for Australia
PRMNTO01AUA661N
Infra-Annual Labor Statistics: Unemployment Rate Female: 15 Years or over for Australia
LRUNTTFEAUQ156N
Nominal Exports of Services for Australia
NXSNSAXDCAUQ
Net Issues of International Debt Securities for All Issuers, All Maturities, Residence of Issuer in Australia
IDSAMRINIAU
Infra-Annual Labor Statistics: Labor Force Male: 15 Years or over for Australia
LFACTTMAAUA647N
Citation
U.S. Federal Reserve, Billions of Australian Dollars (QAUGANXDCA), retrieved from FRED.