National Accounts: GDP by Expenditure: Current Prices: Changes in Inventories and Net Acquisition of Valuables for Slovak Republic
SVKCINSQDSMEI • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
-635,291,000.00
Year-over-Year Change
16.04%
Date Range
1/1/1995 - 7/1/2023
Summary
This economic trend measures changes in inventories and net acquisition of valuables for the Slovak Republic, a key component of its gross domestic product (GDP) by expenditure.
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
Changes in inventories and net acquisition of valuables represent the net change in the physical volume of inventories owned by producers and the net acquisition of valuables. This indicator provides insight into the production and investment activities within the Slovak economy.
Methodology
The data is collected and calculated by the national statistical office of the Slovak Republic.
Historical Context
This trend is used by economists and policymakers to analyze the overall economic performance and investment dynamics in the Slovak Republic.
Key Facts
- The Slovak Republic is a member of the European Union and the Eurozone.
- GDP is a key indicator of a country's economic activity and growth.
- Changes in inventories reflect production and investment decisions.
FAQs
Q: What does this economic trend measure?
A: This trend measures the net change in the physical volume of inventories owned by producers and the net acquisition of valuables in the Slovak Republic.
Q: Why is this trend relevant for users or analysts?
A: Changes in inventories and net acquisition of valuables are an important component of GDP, providing insight into production and investment activities within the Slovak economy.
Q: How is this data collected or calculated?
A: The data is collected and calculated by the national statistical office of the Slovak Republic.
Q: How is this trend used in economic policy?
A: Economists and policymakers use this trend to analyze the overall economic performance and investment dynamics in the Slovak Republic.
Q: Are there update delays or limitations?
A: The data is subject to the publication schedule and revisions of the national statistical office of the Slovak Republic.
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Citation
U.S. Federal Reserve, National Accounts: GDP by Expenditure: Current Prices: Changes in Inventories and Net Acquisition of Valuables for Slovak Republic (SVKCINSQDSMEI), retrieved from FRED.