Thousands of U.S. Dollars
This dataset tracks thousands of u.s. dollars over time.
Latest Value
6759530.00
Year-over-Year Change
250.96%
Date Range
1/1/1999 - 1/1/2016
Summary
The 'Thousands of U.S. Dollars' trend measures the gross domestic product (GDP) of France in thousands of U.S. dollars. This metric is crucial for economists and policymakers to assess the size and performance of the French economy in relation to the global economy.
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 'Thousands of U.S. Dollars' trend represents France's GDP, which is the total value of all goods and services produced within the country, expressed in thousands of U.S. dollars. This data point is widely used to compare the economic output of different countries and track their relative growth over time.
Methodology
The data is collected and calculated by the U.S. Federal Reserve based on official government statistics from France.
Historical Context
Policymakers and market analysts closely monitor this trend to understand the broader economic landscape and make informed decisions.
Key Facts
- France's GDP in 2021 was approximately 2.9 trillion U.S. dollars.
- The French economy is the seventh-largest in the world by GDP.
- GDP growth in France was 7% in 2021, rebounding from the COVID-19 pandemic.
FAQs
Q: What does this economic trend measure?
A: The 'Thousands of U.S. Dollars' trend measures the gross domestic product (GDP) of France, which is the total value of all goods and services produced within the country, expressed in thousands of U.S. dollars.
Q: Why is this trend relevant for users or analysts?
A: This trend is crucial for economists and policymakers to assess the size and performance of the French economy in relation to the global economy, and to make informed decisions about economic policy and market conditions.
Q: How is this data collected or calculated?
A: The data is collected and calculated by the U.S. Federal Reserve based on official government statistics from France.
Q: How is this trend used in economic policy?
A: Policymakers and market analysts closely monitor this trend to understand the broader economic landscape and make informed decisions about economic policy, investment, and other market-related activities.
Q: Are there update delays or limitations?
A: The data is updated regularly by the U.S. Federal Reserve, but there may be some delay in reporting due to the time required to collect and process the underlying statistics from France.
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Citation
U.S. Federal Reserve, Thousands of U.S. Dollars (CGDTROFRA), retrieved from FRED.