US Dollars, Sum Over Component Sub-periods, Annual
BPFADI03JPA637N • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
2,287,960,000.00
Year-over-Year Change
-63.36%
Date Range
1/1/1985 - 1/1/2013
Summary
This economic trend measures the annual sum of U.S. dollars over component sub-periods. It provides insights into the overall volume and activity of the U.S. dollar internationally.
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 'US Dollars, Sum Over Component Sub-periods, Annual' series tracks the total dollar value transacted across various international financial markets and transactions over the course of a year. This metric is closely monitored by economists and policymakers to assess the global role and usage of the U.S. dollar.
Methodology
The data is collected and aggregated by the U.S. Federal Reserve from various international sources.
Historical Context
This trend is used to analyze the international demand for and flows of the U.S. dollar, which has significant implications for exchange rates, trade, and monetary policy.
Key Facts
- The U.S. dollar is the world's dominant reserve currency.
- Dollar-denominated transactions account for over 80% of global foreign exchange market activity.
- The U.S. dollar's international role has significant implications for the U.S. economy and global financial stability.
FAQs
Q: What does this economic trend measure?
A: This trend measures the total annual U.S. dollar value transacted across various international financial markets and transactions.
Q: Why is this trend relevant for users or analysts?
A: This metric provides insights into the overall global demand for and usage of the U.S. dollar, which is a key indicator for exchange rates, trade flows, and monetary policy.
Q: How is this data collected or calculated?
A: The data is collected and aggregated by the U.S. Federal Reserve from various international sources.
Q: How is this trend used in economic policy?
A: Policymakers and economists closely monitor this trend to assess the international role and demand for the U.S. dollar, which has significant implications for exchange rates, trade, and monetary policy decisions.
Q: Are there update delays or limitations?
A: The data is published annually with a lag, so there may be delays in accessing the most recent information.
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Citation
U.S. Federal Reserve, 'US Dollars, Sum Over Component Sub-periods, Annual' (BPFADI03JPA637N), retrieved from FRED.