Percent of GDP, Annual, Not Seasonally Adjusted

BPBLSE01INA188S • Economic Data from Federal Reserve Economic Data (FRED)

Latest Value

0.42

Year-over-Year Change

-160.87%

Date Range

1/1/1997 - 1/1/2010

Summary

This economic trend measures the annual, non-seasonally adjusted percent of U.S. Gross Domestic Product (GDP) attributable to net exports, a key indicator of the country's trade balance and international economic integration.

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 net exports-to-GDP ratio tracks the difference between a country's exports and imports as a proportion of its total economic output. This metric provides insight into a nation's trade position and can inform policymaking around exchange rates, tariffs, and trade agreements.

Methodology

The U.S. Bureau of Economic Analysis calculates this data based on national accounts statistics.

Historical Context

Economists and policymakers monitor this trend to assess the health of a country's external sector and international competitiveness.

Key Facts

  • The U.S. has run a trade deficit since the 1970s.
  • Net exports were -2.8% of GDP in 2022.
  • Improving the trade balance is a common economic policy goal.

FAQs

Q: What does this economic trend measure?

A: This trend measures the annual, non-seasonally adjusted percent of U.S. Gross Domestic Product (GDP) that is attributable to net exports (the difference between exports and imports).

Q: Why is this trend relevant for users or analysts?

A: The net exports-to-GDP ratio provides insight into a country's trade position and international economic integration, which is important for policymakers and analysts assessing economic performance and competitiveness.

Q: How is this data collected or calculated?

A: The U.S. Bureau of Economic Analysis calculates this data based on national accounts statistics.

Q: How is this trend used in economic policy?

A: Economists and policymakers monitor this trend to assess the health of a country's external sector and inform policy decisions around exchange rates, tariffs, and trade agreements.

Q: Are there update delays or limitations?

A: This data is published annually with a delay, so it may not reflect the most current economic conditions.

Related Trends

Citation

U.S. Federal Reserve, Percent of GDP, Annual, Not Seasonally Adjusted (BPBLSE01INA188S), retrieved from FRED.