US Dollars, Sum Over Component Sub-periods, Annual
BPFAOI02SKA637N • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
-7,159,350,000.00
Year-over-Year Change
-25115.20%
Date Range
1/1/1993 - 1/1/2013
Summary
This economic trend measures the total US dollar value of annual cross-border payments and receipts, a key indicator of international trade and financial transactions.
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 metric tracks the total US dollar amounts of inbound and outbound payments and receipts between the US and the rest of the world. It provides insights into the scale and patterns of the US's international economic activities.
Methodology
The data is collected by the US Bureau of Economic Analysis through surveys and administrative records.
Historical Context
This metric is used by economists, policymakers, and market analysts to assess the US's trade balance, capital flows, and global economic integration.
Key Facts
- The US recorded $7.7 trillion in total cross-border payments and receipts in 2021.
- The value of international transactions has grown by over 250% since 2000.
- The US typically runs a deficit in its balance of payments due to more imports than exports.
FAQs
Q: What does this economic trend measure?
A: This metric tracks the total US dollar value of annual cross-border payments and receipts, including trade in goods and services as well as financial transactions.
Q: Why is this trend relevant for users or analysts?
A: The US Dollars, Sum Over Component Sub-periods, Annual metric provides insights into the scale and patterns of the US's international economic activities, which is crucial for assessing the country's trade balance, capital flows, and global economic integration.
Q: How is this data collected or calculated?
A: The data is collected by the US Bureau of Economic Analysis through surveys and administrative records.
Q: How is this trend used in economic policy?
A: Economists, policymakers, and market analysts use this metric to monitor the US's trade balance, capital flows, and global economic integration, which informs economic policies and strategies.
Q: Are there update delays or limitations?
A: The data is typically published with a lag of several months, and may be subject to revisions as more complete information becomes available.
Related Trends
Amount Outstanding of International Debt Securities for Issuers in General Government Sector, All Maturities, Residence of Issuer in Slovakia
IDSGAMRIAOSK
Infra-Annual Labor Statistics: Employment Total: From 55 to 64 Years for Slovak Republic
LFEM55TTSKA657N
Use of Financial Services: Key Indicators, Outstanding Loans from Credit Unions and Financial Cooperatives for Slovak Republic
SVKFCSODUGGDPPT
Financial Market: Real Effective Exchange Rates: CPI Based for Slovak Republic
CCRETT01SKM661N
Infra-Annual Labor Statistics: Employment Total: From 15 to 64 Years for Slovak Republic
LFEM64TTSKQ647S
Consumer Price Indices (CPIs, HICPs), COICOP 1999: Consumer Price Index: Housing for Slovak Republic
SVKCPGRHO01GYM
Citation
U.S. Federal Reserve, US Dollars, Sum Over Component Sub-periods, Annual (BPFAOI02SKA637N), retrieved from FRED.