National currency, Sum Over Component Sub-periods, Annual, Not Seasonally Adjusted
BPBLTD01NOA636S • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
381,413,090,000.00
Year-over-Year Change
60.27%
Date Range
1/1/1994 - 1/1/2013
Summary
This economic trend measures the annual sum of the national currency, which is a key component of the balance of payments. It provides insights into a country's international transactions and financial position.
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 national currency sum is a fundamental metric used to analyze a country's balance of payments, which tracks all economic transactions between residents and non-residents. This data is crucial for policymakers and analysts to understand a nation's financial integration and external stability.
Methodology
The data is collected and calculated by the U.S. Federal Reserve based on reports from financial institutions and other sources.
Historical Context
The national currency sum is closely monitored by economists, policymakers, and financial markets to assess economic performance and guide policy decisions.
Key Facts
- The national currency sum represents the total value of a country's international transactions.
- This metric is a key component of the balance of payments, which tracks a nation's financial interactions with the rest of the world.
- Analyzing the national currency sum helps policymakers assess a country's external financial position and guide economic policy.
FAQs
Q: What does this economic trend measure?
A: This trend measures the annual sum of the national currency, which is a key component of a country's balance of payments. It provides insights into a nation's international transactions and financial position.
Q: Why is this trend relevant for users or analysts?
A: The national currency sum is a fundamental metric used to analyze a country's balance of payments, which is crucial for understanding its financial integration and external stability. This data is closely monitored by economists, policymakers, and financial markets.
Q: How is this data collected or calculated?
A: The data is collected and calculated by the U.S. Federal Reserve based on reports from financial institutions and other sources.
Q: How is this trend used in economic policy?
A: The national currency sum is used by economists and policymakers to assess a country's economic performance and guide policy decisions related to external stability and financial integration.
Q: Are there update delays or limitations?
A: The national currency sum data is published annually by the U.S. Federal Reserve, with some potential delays in reporting due to the complexity of international transactions.
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Citation
U.S. Federal Reserve, National currency, Sum Over Component Sub-periods, Annual, Not Seasonally Adjusted (BPBLTD01NOA636S), retrieved from FRED.