International Merchandise Trade Statistics: Exports: Commodities for India
Growth rate previous period, Annual
XTEXVA01INA657S • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
2.03
Year-over-Year Change
-188.67%
Date Range
1/1/1991 - 1/1/2024
Summary
The 'Growth rate previous period, Annual' metric measures the year-over-year change in a variable, providing insight into economic growth trends over time.
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 annual growth rate statistic is a widely used indicator of macroeconomic performance, allowing analysts to track the pace of economic expansion or contraction from one year to the next.
Methodology
The data is calculated based on official government statistics and national accounts.
Historical Context
Policymakers closely monitor this indicator to inform decisions around monetary and fiscal policy.
Key Facts
- The annual growth rate can be positive, negative, or zero, indicating economic expansion, contraction, or stagnation.
- This metric is a lagging indicator, reflecting economic conditions in the prior year.
- Rapid, sustained growth is generally associated with a healthy, expanding economy.
FAQs
Q: What does this economic trend measure?
A: The 'Growth rate previous period, Annual' metric measures the year-over-year change in a macroeconomic variable, typically GDP or another key economic indicator.
Q: Why is this trend relevant for users or analysts?
A: This annual growth rate is a widely followed indicator of overall economic performance, allowing analysts to track the pace of expansion or contraction from one year to the next.
Q: How is this data collected or calculated?
A: The data is calculated based on official government statistics and national accounts data.
Q: How is this trend used in economic policy?
A: Policymakers closely monitor this indicator to inform decisions around monetary and fiscal policies aimed at promoting sustainable economic growth.
Q: Are there update delays or limitations?
A: As a lagging indicator, this annual growth rate reflects economic conditions in the prior year and may not capture more recent trends.
Related Trends
Production, Sales, Work Started and Orders: Passenger Car Registrations: Economic Activity: Wholesale and Retail Trade and Repair of Motor Vehicles and Motorcycles for India
INDSLRTCR03IXOBSAM
Real Imports of Goods and Services for India
NMRNSAXDCINQ
Use of Financial Services: Key Indicators, Outstanding Small and Medium Enterprises Loans from Commercial Banks for India
INDFCSODCSGGDPPT
Value of Exports to India from New York
NYINDA052SCEN
Use of Financial Services Deposit Accounts: Accounts at Other Deposit Takers for India
INDFCAODDNUM
Number of Identified Exporters to India from Minnesota
MNINDA475SCEN
Citation
U.S. Federal Reserve, Growth rate previous period, Annual (XTEXVA01INA657S), retrieved from FRED.