US Dollars, Sum Over Component Sub-periods, Annual, Not Seasonally Adjusted
BPBLIN01SEA637S • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
15,807,020,000.00
Year-over-Year Change
-1193.41%
Date Range
1/1/1982 - 1/1/2013
Summary
This economic trend measures the total US dollar value of international transactions over a year, providing insights into the US balance of payments and global trade flows.
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 US dollars, sum over component sub-periods, annual, not seasonally adjusted series represents the total US dollar value of international transactions, including goods, services, and financial flows, for a given year. This metric is a key indicator of the overall state of the US balance of payments and can inform analysis of the nation's trade position and global economic integration.
Methodology
The data is compiled by the US Bureau of Economic Analysis based on surveys and administrative records of international transactions.
Historical Context
Policymakers and analysts use this trend to assess the US trade balance, current account, and broader macroeconomic conditions.
Key Facts
- The US trade deficit was $948 billion in 2022.
- Services trade contributed a $261 billion surplus in 2022.
- The current account deficit was 3.7% of GDP in 2022.
FAQs
Q: What does this economic trend measure?
A: This trend measures the total US dollar value of international transactions, including goods, services, and financial flows, over a one-year period.
Q: Why is this trend relevant for users or analysts?
A: This metric provides key insights into the overall state of the US balance of payments and can inform analysis of the nation's trade position and global economic integration.
Q: How is this data collected or calculated?
A: The data is compiled by the US Bureau of Economic Analysis based on surveys and administrative records of international transactions.
Q: How is this trend used in economic policy?
A: Policymakers and analysts use this trend to assess the US trade balance, current account, and broader macroeconomic conditions.
Q: Are there update delays or limitations?
A: The data is released annually with a lag of several months, and may be subject to revisions over time.
Related Trends
Use of Financial Services, Liabilities: Outstanding Deposits by Households at Commercial Banks for Sweden
SWEFCLODCHXDC
Infra-Annual Labor Statistics: Monthly Unemployment Total: 15 Years or over for Sweden
LFHUTTTTSEM647S
Interest Rates: 3-Month or 90-Day Rates and Yields: Interbank Rates: Total for Sweden
IR3TIB01SEM156N
Number of Identified Exporters to Sweden from Kentucky
KYSWEA475SCEN
Consumer Price Indices (CPIs, HICPs), COICOP 1999: Consumer Price Index: Imputed Rentals for Housing for Sweden
SWECP040200GYM
Consumer Price Indices (CPIs, HICPs), COICOP 1999: Consumer Price Index: Restaurants and Hotels for Sweden
SWECP110000IXOBQ
Citation
U.S. Federal Reserve, US Dollars, Sum Over Component Sub-periods, Annual, Not Seasonally Adjusted (BPBLIN01SEA637S), retrieved from FRED.