Annual, Not Seasonally Adjusted
BOPMSVOA • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
-205.69
Year-over-Year Change
208.67%
Date Range
1/1/1960 - 1/1/2013
Summary
The Balance of Payments (BOPMSVOA) is a key economic indicator that measures the difference between the value of a country's imports and exports of goods, services, and capital. It is a crucial metric for understanding a nation's international economic position and trade balance.
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 Balance of Payments (BOP) tracks the flow of goods, services, and capital between a country and the rest of the world. It is used by economists and policymakers to assess a country's international competitiveness, trade relationships, and the overall health of its economy.
Methodology
The BOP data is collected and calculated by the U.S. Bureau of Economic Analysis (BEA) based on surveys of international transactions.
Historical Context
The BOP is closely monitored by the Federal Reserve, the U.S. Treasury, and other economic institutions to inform monetary and trade policies.
Key Facts
- The U.S. has run a trade deficit for over 40 years.
- The BOP includes the current account, capital account, and financial account.
- A trade deficit can be financed by borrowing from other countries.
FAQs
Q: What does the Balance of Payments (BOPMSVOA) economic trend measure?
A: The Balance of Payments (BOPMSVOA) measures the difference between the value of a country's imports and exports of goods, services, and capital.
Q: Why is the Balance of Payments trend relevant for users or analysts?
A: The Balance of Payments is a crucial metric for understanding a nation's international economic position, trade relationships, and the overall health of its economy.
Q: How is the Balance of Payments data collected or calculated?
A: The Balance of Payments data is collected and calculated by the U.S. Bureau of Economic Analysis (BEA) based on surveys of international transactions.
Q: How is the Balance of Payments trend used in economic policy?
A: The Balance of Payments is closely monitored by the Federal Reserve, the U.S. Treasury, and other economic institutions to inform monetary and trade policies.
Q: Are there update delays or limitations for the Balance of Payments data?
A: The Balance of Payments data is published quarterly by the BEA, with a lag of several months.
Related Trends
U.S. Imports of Goods by Customs Basis from France
IMPFR
U.S. Imports of Goods by Customs Basis from Canada
IMPCA
Advance U.S. International Trade in Goods: Imports: Other Goods
AITGIOS
Advance U.S. International Trade in Goods: Imports: Foods, Feeds, & Beverages
AITGIFN
U.S. Imports of Goods by Customs Basis from China
IMPCH
Imports of Goods: General Merchandise: Automotive vehicles, parts, and engines
IEAMGAV
Citation
U.S. Federal Reserve, Balance of Payments (BOPMSVOA), retrieved from FRED.