Annual, Not Seasonally Adjusted
BPCRTF01RUA637S • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
16,357,640,000.00
Year-over-Year Change
1282.90%
Date Range
1/1/1994 - 1/1/2011
Summary
This economic trend measures the annual, not seasonally adjusted value of the U.S. current account balance as a percent of gross domestic product (GDP). It provides insight into the country's international trade and financial transactions.
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 current account balance tracks a nation's net earnings from international trade in goods, services, and income. A deficit indicates the country is a net borrower from the rest of the world, while a surplus means it is a net lender. This metric is closely watched by economists and policymakers to assess economic performance and external imbalances.
Methodology
The data is calculated by the U.S. Bureau of Economic Analysis based on international trade and financial flows.
Historical Context
Policymakers use this metric to evaluate the sustainability of the country's external position and inform decisions on trade, exchange rate, and fiscal policies.
Key Facts
- The U.S. has run a current account deficit since the 1980s.
- A large, persistent deficit can signal structural economic imbalances.
- The current account is one component of a country's balance of payments.
FAQs
Q: What does this economic trend measure?
A: This trend measures the annual, not seasonally adjusted value of the U.S. current account balance as a percentage of GDP.
Q: Why is this trend relevant for users or analysts?
A: The current account balance provides insight into a country's international trade and financial transactions, which is closely watched by economists and policymakers to assess economic performance and external imbalances.
Q: How is this data collected or calculated?
A: The data is calculated by the U.S. Bureau of Economic Analysis based on international trade and financial flows.
Q: How is this trend used in economic policy?
A: Policymakers use this metric to evaluate the sustainability of the country's external position and inform decisions on trade, exchange rate, and fiscal policies.
Q: Are there update delays or limitations?
A: The data is published quarterly with a lag, and may be subject to revisions over time.
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Citation
U.S. Federal Reserve, Annual, Not Seasonally Adjusted (BPCRTF01RUA637S), retrieved from FRED.