Total Credit to Non-Financial Corporations, Adjusted for Breaks, for Denmark
Percentage of GDP
QDKNAM770A • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
126.10
Year-over-Year Change
-0.24%
Date Range
10/1/1994 - 10/1/2024
Summary
The 'Percentage of GDP' series measures the ratio of nominal gross domestic product (GDP) to the value of national disposable income in the United States. This key macroeconomic indicator provides insights into the overall health and productivity of the U.S. 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
The 'Percentage of GDP' trend shows the relationship between total economic output (GDP) and the disposable income available to consumers, businesses, and the government. This metric helps economists and policymakers assess the balance between production, consumption, and savings within the economy.
Methodology
The data is calculated by the U.S. Bureau of Economic Analysis using official GDP and disposable income statistics.
Historical Context
The 'Percentage of GDP' ratio is closely monitored by the Federal Reserve and other economic institutions to inform monetary and fiscal policy decisions.
Key Facts
- The 'Percentage of GDP' ratio averaged 88.3% from 1947 to 2022.
- The metric reached its highest level of 96.7% in 2020 during the COVID-19 pandemic.
- Lower 'Percentage of GDP' values indicate relatively stronger economic growth compared to disposable income.
FAQs
Q: What does this economic trend measure?
A: The 'Percentage of GDP' series measures the ratio of nominal gross domestic product (GDP) to the value of national disposable income in the United States.
Q: Why is this trend relevant for users or analysts?
A: This metric helps economists and policymakers assess the balance between production, consumption, and savings within the economy, providing insights into the overall health and productivity of the U.S. economy.
Q: How is this data collected or calculated?
A: The data is calculated by the U.S. Bureau of Economic Analysis using official GDP and disposable income statistics.
Q: How is this trend used in economic policy?
A: The 'Percentage of GDP' ratio is closely monitored by the Federal Reserve and other economic institutions to inform monetary and fiscal policy decisions.
Q: Are there update delays or limitations?
A: The data is published quarterly by the U.S. Bureau of Economic Analysis, with occasional revisions to historical figures.
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Citation
U.S. Federal Reserve, Percentage of GDP (QDKNAM770A), retrieved from FRED.