Quarterly
BPCATD01BRQ637N • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
65,600,000.00
Year-over-Year Change
1.55%
Date Range
1/1/1979 - 10/1/2014
Summary
The Quarterly Balance of Payments: Current Account Deficit to GDP measures the difference between a country's total exports and total imports, expressed as a percentage of its gross domestic product. This metric is a key indicator of a nation's external economic position and competitiveness.
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: Current Account Deficit to GDP ratio tracks the net flow of goods, services, and capital between a country and the rest of the world. It provides insight into a nation's international trade and financial transactions, which are important factors in economic policy decisions.
Methodology
This data is calculated by the U.S. Bureau of Economic Analysis based on detailed international transactions records.
Historical Context
Policymakers and analysts use this metric to evaluate a country's external balance, competitiveness, and the sustainability of its current account position.
Key Facts
- The U.S. current account deficit was 3.1% of GDP in Q4 2022.
- A current account deficit indicates a country is a net borrower from the rest of the world.
- Persistent large deficits can raise concerns about a nation's economic stability and competitiveness.
FAQs
Q: What does this economic trend measure?
A: The Balance of Payments: Current Account Deficit to GDP ratio measures the difference between a country's total exports and total imports as a percentage of its gross domestic product.
Q: Why is this trend relevant for users or analysts?
A: This metric provides key insights into a nation's international trade and financial position, which are important factors for economic policymakers and analysts to monitor.
Q: How is this data collected or calculated?
A: The data is calculated by the U.S. Bureau of Economic Analysis based on detailed international transactions records.
Q: How is this trend used in economic policy?
A: Policymakers and analysts use this metric to evaluate a country's external balance, competitiveness, and the sustainability of its current account position.
Q: Are there update delays or limitations?
A: The data is published quarterly with a short delay, providing a timely indicator of a country's external economic position.
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Use of Financial Services Borrowers: Persons Borrowing from Other Deposit Takers for Brazil
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Citation
U.S. Federal Reserve, Balance of Payments: Current Account Deficit to GDP (BPCATD01BRQ637N), retrieved from FRED.