Quarterly, Seasonally Adjusted
BPDBTF01EEQ636S • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
117,900,000.00
Year-over-Year Change
32.47%
Date Range
7/1/1992 - 1/1/2014
Summary
This economic trend measures the U.S. balance of payments, providing insights into the nation's international transactions and global financial position.
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 tracks a country's transactions with the rest of the world, including trade in goods and services, investment income, and unilateral transfers. It is a key metric for analyzing a nation's economic performance and global competitiveness.
Methodology
The data is collected and calculated by the U.S. Bureau of Economic Analysis.
Historical Context
Policymakers and analysts monitor the balance of payments to assess a country's external position and inform decisions on trade, investment, and exchange rate policies.
Key Facts
- The U.S. has run a current account deficit for decades, reflecting its role as the world's largest economy and consumer market.
- The balance of payments accounts for both goods trade and services trade, such as tourism, royalties, and financial services.
- The overall balance of payments must equal zero, as every transaction has a corresponding credit or debit entry.
FAQs
Q: What does this economic trend measure?
A: The balance of payments measures a country's total transactions with the rest of the world, including trade, investment income, and other financial flows.
Q: Why is this trend relevant for users or analysts?
A: The balance of payments is a key indicator of a country's international economic position and competitiveness, informing policymakers and investors.
Q: How is this data collected or calculated?
A: The data is collected and calculated by the U.S. Bureau of Economic Analysis.
Q: How is this trend used in economic policy?
A: Policymakers and analysts monitor the balance of payments to assess a country's external position and inform decisions on trade, investment, and exchange rate policies.
Q: Are there update delays or limitations?
A: The balance of payments data is released quarterly with a lag, and may be subject to revisions as more information becomes available.
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Citation
U.S. Federal Reserve, Balance of Payments: Total (BPDBTF01EEQ636S), retrieved from FRED.