Annual, Not Seasonally Adjusted

BPDBTF01EEA636S • Economic Data from Federal Reserve Economic Data (FRED)

Latest Value

420,400,000.00

Year-over-Year Change

1177.81%

Date Range

1/1/1992 - 1/1/2013

Summary

This economic trend measures the annual balance of payments for the U.S. in billions of dollars, not seasonally adjusted. It provides insight into the country's international transactions and trade imbalances.

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 is a comprehensive record of a country's economic transactions with the rest of the world. This series tracks the annual net flow of U.S. dollars in and out of the country, including trade, services, investment income, and unilateral transfers.

Methodology

The data is collected and calculated by the U.S. Bureau of Economic Analysis based on surveys and administrative records.

Historical Context

The balance of payments is a key indicator used by policymakers, analysts, and investors to assess the U.S. economy's external position and international competitiveness.

Key Facts

  • The U.S. has run a trade deficit every year since 1976.
  • In 2021, the U.S. annual balance of payments deficit was $1.07 trillion.
  • China is the largest holder of U.S. debt at over $1 trillion.

FAQs

Q: What does this economic trend measure?

A: This trend measures the annual balance of payments for the United States, which tracks the net flow of dollars in and out of the country through international transactions such as trade, services, investment income, and unilateral transfers.

Q: Why is this trend relevant for users or analysts?

A: The balance of payments is a key indicator of a country's external economic position and international competitiveness. It is closely monitored by policymakers, economists, and investors to assess the health of the U.S. economy and its trading relationships.

Q: How is this data collected or calculated?

A: The data is collected and calculated by the U.S. Bureau of Economic Analysis based on surveys and administrative records.

Q: How is this trend used in economic policy?

A: The balance of payments is used by policymakers, central banks, and international institutions to evaluate a country's external position, inform trade negotiations, and guide decisions on monetary and fiscal policies.

Q: Are there update delays or limitations?

A: The annual balance of payments data is typically published with a lag of several months, so the most recent figures may not reflect the current economic situation.

Related Trends

Citation

U.S. Federal Reserve, Annual, Not Seasonally Adjusted (BPDBTF01EEA636S), retrieved from FRED.