US Dollars, Sum Over Component Sub-periods, Annual
BPFADI03LUA637N • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
367,261,030,000.00
Year-over-Year Change
218.53%
Date Range
1/1/2002 - 1/1/2013
Summary
This economic trend measures the sum of U.S. dollars held over the course of a year. It provides insight into the overall demand for the U.S. dollar as a global reserve currency.
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 value of U.S. dollars in circulation throughout the year. This metric is closely watched by economists and policymakers to gauge international dollar demand and the dollar's status as the world's leading reserve currency.
Methodology
The data is collected and calculated by the U.S. Federal Reserve.
Historical Context
This trend serves as an important indicator for monetary policy and global trade dynamics.
Key Facts
- The U.S. dollar is the world's primary reserve currency.
- The total value of U.S. dollars in circulation reached a new high in 2021.
- Dollar demand is influenced by factors like interest rates and geopolitics.
FAQs
Q: What does this economic trend measure?
A: This trend measures the total value of U.S. dollars in circulation over the course of a year, providing insight into overall demand for the U.S. dollar as a global reserve currency.
Q: Why is this trend relevant for users or analysts?
A: The total value of U.S. dollars in circulation is a closely watched indicator for economists and policymakers, as it reflects the dollar's status and international demand as the world's leading reserve currency.
Q: How is this data collected or calculated?
A: The data is collected and calculated by the U.S. Federal Reserve.
Q: How is this trend used in economic policy?
A: This trend serves as an important indicator for monetary policy and global trade dynamics, as the U.S. dollar's reserve currency status has significant implications for international markets and capital flows.
Q: Are there update delays or limitations?
A: The data is reported annually by the Federal Reserve, so there may be a delay in the most recent figures being available.
Related Trends
Harmonized Index of Consumer Prices: Bread and Cereals for Luxembourg
CP0111LUM086NEST
Infra-Annual Labor Statistics: Employment Male: From 15 to 64 Years for Luxembourg
LFEM64MALUA647S
Harmonized Index of Consumer Prices: Tobacco for Luxembourg
CP0220LUM086NEST
Consumer Price Indices (CPIs, HICPs), COICOP 1999: Consumer Price Index: Communication for Luxembourg
LUXCP080000CTGYM
Infra-Annual Labor Statistics: Employment Female: From 25 to 54 Years for Luxembourg
LFEM25FELUA647S
Sales: Retail Trade: Total Retail Trade: Volume for Luxembourg
LUXSLRTTO01GYSAM
Citation
U.S. Federal Reserve, 'US Dollars, Sum Over Component Sub-periods, Annual' (BPFADI03LUA637N), retrieved from FRED.