National Accounts: GDP by Expenditure: Constant Prices: Gross Domestic Product: Total for Sweden
Growth rate same period previous year, Quarterly
SWEGDPRQPSMEI • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
0.95
Year-over-Year Change
-55.29%
Date Range
1/1/1961 - 1/1/2025
Summary
The Growth rate same period previous year, Quarterly trend measures the year-over-year percentage change in real gross domestic product (GDP) for a given quarter. This provides valuable insights into the pace and direction of economic growth.
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 tracks the rate of change in GDP compared to the same quarter in the previous year. It offers a perspective on the overall health and trajectory of the economy, which is crucial for policymakers, investors, and economic analysts.
Methodology
The data is calculated by the U.S. Bureau of Economic Analysis using national accounts data.
Historical Context
The growth rate is widely used to assess economic performance and guide policy decisions.
Key Facts
- GDP growth rate averaged 2.3% over the past decade.
- The highest recorded quarterly growth rate was 8.1% in 1983.
- Negative growth rates signal economic recessions.
FAQs
Q: What does this economic trend measure?
A: The Growth rate same period previous year, Quarterly trend measures the year-over-year percentage change in real gross domestic product (GDP) for a given quarter.
Q: Why is this trend relevant for users or analysts?
A: This metric provides valuable insights into the pace and direction of economic growth, which is crucial for policymakers, investors, and economic analysts.
Q: How is this data collected or calculated?
A: The data is calculated by the U.S. Bureau of Economic Analysis using national accounts data.
Q: How is this trend used in economic policy?
A: The growth rate is widely used to assess economic performance and guide policy decisions.
Q: Are there update delays or limitations?
A: The data is typically released with a delay of several weeks following the end of each quarter.
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Citation
U.S. Federal Reserve, Growth rate same period previous year, Quarterly (SWEGDPRQPSMEI), retrieved from FRED.