Nominal Total Credit to General Government, Adjusted for Breaks, for Canada
Percentage of GDP
QCAGAN770A • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
97.90
Year-over-Year Change
-2.68%
Date Range
1/1/1990 - 10/1/2024
Summary
The 'Percentage of GDP' trend measures the ratio of gross capital formation to gross domestic product, reflecting the level of investment in an economy.
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 metric provides insight into the investment activity within a country, which is a key driver of economic growth. Economists and policymakers analyze this data to assess the health and future potential of the national economy.
Methodology
The data is calculated by the U.S. Bureau of Economic Analysis using national accounts information.
Historical Context
This trend is widely used to inform fiscal and monetary policy decisions.
Key Facts
- The U.S. Percentage of GDP averaged 20.4% from 1947 to 2022.
- Investment as a share of GDP reached a high of 23.4% in 2021.
- The Percentage of GDP declined during the 2007-2009 recession.
FAQs
Q: What does this economic trend measure?
A: The 'Percentage of GDP' trend measures the ratio of gross capital formation to gross domestic product, providing insight into the level of investment activity in an economy.
Q: Why is this trend relevant for users or analysts?
A: This metric is a key indicator of economic health and growth potential, as investment is a crucial driver of economic expansion. Economists and policymakers closely monitor this trend to inform fiscal and monetary policy decisions.
Q: How is this data collected or calculated?
A: The data is calculated by the U.S. Bureau of Economic Analysis using national accounts information.
Q: How is this trend used in economic policy?
A: The Percentage of GDP trend is widely used by policymakers and analysts to assess the investment climate and guide fiscal and monetary policy decisions aimed at promoting economic growth.
Q: Are there update delays or limitations?
A: The data is typically published on a quarterly basis by the U.S. Bureau of Economic Analysis, with a delay of approximately 2-3 months.
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Citation
U.S. Federal Reserve, Percentage of GDP (QCAGAN770A), retrieved from FRED.