Growth Rate Previous Period, Annual, Not Seasonally Adjusted
BPDBSE01CZA657S • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
0.38
Year-over-Year Change
-83.84%
Date Range
1/1/1994 - 1/1/2013
Summary
The Growth Rate Previous Period, Annual, Not Seasonally Adjusted tracks the year-over-year change in GDP for a specific country. This metric provides insight into the overall health and trajectory of the economy.
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
This economic indicator measures the annual growth rate of GDP, comparing the current period to the same period in the previous year. It is a key measure of macroeconomic performance used by policymakers, analysts, and investors to assess a country's economic expansion or contraction.
Methodology
The data is calculated based on official GDP figures reported by national statistical agencies.
Historical Context
Policymakers often monitor this trend to gauge the effectiveness of economic policies and make adjustments as needed.
Key Facts
- GDP growth rate averaged 2.3% globally in 2021.
- The U.S. GDP growth rate was 6.9% in Q4 2021.
- China's GDP growth rate was 8.1% in 2021.
FAQs
Q: What does this economic trend measure?
A: The Growth Rate Previous Period, Annual, Not Seasonally Adjusted tracks the year-over-year change in a country's Gross Domestic Product (GDP).
Q: Why is this trend relevant for users or analysts?
A: This metric provides valuable insight into the overall health and trajectory of a nation's economy, which is crucial for policymakers, investors, and economic analysts.
Q: How is this data collected or calculated?
A: The data is calculated based on official GDP figures reported by national statistical agencies.
Q: How is this trend used in economic policy?
A: Policymakers monitor this trend to gauge the effectiveness of economic policies and make adjustments as needed to promote sustained economic growth.
Q: Are there update delays or limitations?
A: The data is typically released on a quarterly or annual basis, with some potential for delays in reporting from national statistical agencies.
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Citation
U.S. Federal Reserve, Growth Rate Previous Period, Annual, Not Seasonally Adjusted (BPDBSE01CZA657S), retrieved from FRED.