US Dollars, Sum Over Component Sub-periods, Annual, Not Seasonally Adjusted
BPBLTT01NOA637S • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
57,344,820,000.00
Year-over-Year Change
108.23%
Date Range
1/1/1981 - 1/1/2013
Summary
This economic trend measures the total value of U.S. dollars exchanged annually, providing insights into currency flows and global trade patterns.
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' metric tracks the total dollar volume of U.S. currency transacted globally on an annual basis. This indicator offers economists and policymakers a high-level view of cross-border financial activity.
Methodology
The data is compiled by the U.S. Federal Reserve using information from international financial institutions.
Historical Context
This metric is widely used to monitor the role of the U.S. dollar in global commerce and capital markets.
Key Facts
- The U.S. dollar is the world's primary reserve currency.
- The total annual value of U.S. dollar transactions exceeds $20 trillion.
- Global dollar flows have implications for exchange rates, inflation, and trade balances.
FAQs
Q: What does this economic trend measure?
A: This metric tracks the total value of U.S. dollars exchanged globally on an annual basis, providing insights into international currency flows and trade patterns.
Q: Why is this trend relevant for users or analysts?
A: The volume of U.S. dollar transactions is a crucial indicator for monitoring the role of the U.S. currency in global commerce, capital markets, and macroeconomic dynamics.
Q: How is this data collected or calculated?
A: The U.S. Federal Reserve compiles this data using information from international financial institutions.
Q: How is this trend used in economic policy?
A: Policymakers and economists closely track this metric to understand the global demand for the U.S. dollar and its implications for exchange rates, inflation, and trade balances.
Q: Are there update delays or limitations?
A: The data is released annually, with a lag of several months. The metric provides a high-level view of U.S. dollar activity but does not capture detailed transaction-level data.
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Citation
U.S. Federal Reserve, 'US Dollars, Sum Over Component Sub-periods, Annual, Not Seasonally Adjusted' (BPBLTT01NOA637S), retrieved from FRED.