Claims on Private Sector for Rwanda
Percent Change From Preceding Period
RWAFDSAOPPCPPPT • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
17.22
Year-over-Year Change
-50.56%
Date Range
1/1/2000 - 1/1/2024
Summary
This trend measures the percent change in real GDP from the previous quarter, a key indicator of overall economic growth and performance.
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 Percent Change From Preceding Period tracks the quarter-over-quarter change in real GDP, which reflects inflation-adjusted economic output. This metric is widely used by economists and policymakers to assess the health and direction of the broader economy.
Methodology
The U.S. Bureau of Economic Analysis calculates this metric based on national accounts data.
Historical Context
This trend helps inform monetary and fiscal policy decisions.
Key Facts
- Real GDP growth averaged 2.3% annually from 2010-2019.
- The largest quarterly decline was -31.2% in Q2 2020 due to the COVID-19 pandemic.
- Positive GDP growth signals economic expansion, while negative growth indicates recession.
FAQs
Q: What does this economic trend measure?
A: The Percent Change From Preceding Period tracks the quarter-over-quarter change in real, inflation-adjusted GDP, a key indicator of overall economic growth and performance.
Q: Why is this trend relevant for users or analysts?
A: This metric is widely used by economists, policymakers, and market analysts to assess the health and direction of the broader economy, informing policy decisions and investment strategies.
Q: How is this data collected or calculated?
A: The U.S. Bureau of Economic Analysis calculates this metric based on national accounts data.
Q: How is this trend used in economic policy?
A: Trends in real GDP growth help guide monetary and fiscal policy decisions, as policymakers aim to promote sustainable economic expansion.
Q: Are there update delays or limitations?
A: This data is released quarterly by the Bureau of Economic Analysis, with a lag of approximately one month following the end of each quarter.
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Citation
U.S. Federal Reserve, Percent Change From Preceding Period (RWAFDSAOPPCPPPT), retrieved from FRED.