Balance of Payments: Financial Account: Net (Assets Minus Liabilities) for Austria
AUTB6FATT01CXCUQ • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
5,568,129,000.00
Year-over-Year Change
77.81%
Date Range
1/1/1999 - 1/1/2024
Summary
The Balance of Payments: Financial Account: Net (Assets Minus Liabilities) for Austria measures the net financial position of the country relative to the rest of the world.
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 economic indicator tracks the difference between Austria's foreign financial assets and liabilities, providing insight into the country's international investment position and capital flows.
Methodology
The data is collected and calculated by the Austrian National Bank based on international accounting standards.
Historical Context
Policymakers and analysts use this trend to assess Austria's external stability and competitiveness.
Key Facts
- Austria has been a net creditor to the rest of the world since the 1990s.
- The financial account balance reached a record high surplus of €32.3 billion in 2021.
- Austria's net international investment position stood at €227 billion at the end of 2021.
FAQs
Q: What does this economic trend measure?
A: The Balance of Payments: Financial Account: Net (Assets Minus Liabilities) for Austria measures the difference between the country's foreign financial assets and liabilities.
Q: Why is this trend relevant for users or analysts?
A: This trend provides insight into Austria's international investment position and capital flows, which are key indicators of the country's external stability and competitiveness.
Q: How is this data collected or calculated?
A: The data is collected and calculated by the Austrian National Bank based on international accounting standards.
Q: How is this trend used in economic policy?
A: Policymakers and analysts use this trend to assess Austria's external stability and competitiveness, which informs policy decisions related to trade, investment, and macroeconomic management.
Q: Are there update delays or limitations?
A: The data is typically published with a lag of several months, and may be subject to revisions as more information becomes available.
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Citation
U.S. Federal Reserve, Balance of Payments: Financial Account: Net (Assets Minus Liabilities) for Austria (AUTB6FATT01CXCUQ), retrieved from FRED.