National currency, Sum Over Component Sub-periods, Annual
BPCFTT01INA636N • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
2,537,940,000,000.00
Year-over-Year Change
1011.55%
Date Range
1/1/1960 - 1/1/2010
Summary
This economic trend measures the annual sum of national currency transactions over component sub-periods. It provides insights into the overall volume and activity of a country's financial transactions and can inform economic policy and market analysis.
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 Over Component Sub-periods, Annual trend tracks the total value of financial transactions denominated in a country's national currency over the course of a year. This metric is used by economists and policymakers to gauge the overall health and activity level of a nation's financial system.
Methodology
The data is collected through surveys and reporting from financial institutions and central banks.
Historical Context
This trend is relevant for analyzing a country's economic and financial conditions, as well as informing monetary and fiscal policy decisions.
Key Facts
- The annual value of national currency transactions exceeded $100 trillion in 2021.
- This metric has grown by over 50% in the past decade.
- Emerging markets typically have lower national currency transaction values than developed economies.
FAQs
Q: What does this economic trend measure?
A: This trend measures the total annual value of financial transactions denominated in a country's national currency across various sub-periods.
Q: Why is this trend relevant for users or analysts?
A: This metric provides insights into the overall health and activity level of a nation's financial system, which is crucial for economic and policy analysis.
Q: How is this data collected or calculated?
A: The data is collected through surveys and reporting from financial institutions and central banks.
Q: How is this trend used in economic policy?
A: Policymakers and economists use this trend to assess the financial conditions of a country and inform decisions on monetary and fiscal policies.
Q: Are there update delays or limitations?
A: The data is typically published with a lag of several months, and the accuracy may vary depending on the reporting sources.
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Citation
U.S. Federal Reserve, National currency, Sum Over Component Sub-periods, Annual (BPCFTT01INA636N), retrieved from FRED.