National Accounts: GDP by Expenditure: Constant Prices: Gross Fixed Capital Formation for Colombia
Growth rate same period previous year
COLNAEXKP04GYSAQ • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
8.22
Year-over-Year Change
-49.99%
Date Range
1/1/2006 - 1/1/2025
Summary
The 'Growth rate same period previous year' measures the year-over-year change in a country's nominal GDP. This key economic indicator provides insights into the overall health and trajectory of a nation's 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
This metric calculates the percent change in a country's nominal GDP compared to the same quarter in the prior year. It reflects broader economic trends such as consumer demand, business investment, and export/import activity.
Methodology
The data is calculated by the U.S. Bureau of Economic Analysis based on quarterly GDP reports.
Historical Context
Policymakers and analysts closely monitor this metric to assess macroeconomic conditions and inform decision-making.
Key Facts
- The growth rate can signal an expanding or contracting economy.
- Positive growth rates indicate economic expansion.
- Negative growth rates signal an economic recession.
FAQs
Q: What does this economic trend measure?
A: The 'Growth rate same period previous year' metric measures the year-over-year percent change in a country's nominal gross domestic product (GDP).
Q: Why is this trend relevant for users or analysts?
A: This indicator provides valuable insights into the overall health and trajectory of a nation's economy, informing decisions by policymakers, investors, and analysts.
Q: How is this data collected or calculated?
A: The data is calculated by the U.S. Bureau of Economic Analysis based on quarterly GDP reports.
Q: How is this trend used in economic policy?
A: Policymakers closely monitor this metric to assess macroeconomic conditions and inform decisions around fiscal and monetary policy.
Q: Are there update delays or limitations?
A: The data is released quarterly with a lag, so it may not reflect the most recent economic conditions.
Related Trends
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Balance of Payments: Other Investment: Liabilities (or Net Incurrence of Liabilities) for Colombia
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Infra-Annual Labor Statistics: Monthly Unemployment Rate Total: 15 Years or over for Colombia
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Use of Financial Services: Key Indicators, Outstanding Loans from Credit Unions and Financial Cooperatives for Colombia
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Consumer Price Index: Restaurants and Hotels (COICOP 11): Total for Colombia
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Infra-Annual Labor Statistics: Employment Rate Male: 15 Years or over for Colombia
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Citation
U.S. Bureau of Economic Analysis, Growth rate same period previous year (COLNAEXKP04GYSAQ), retrieved from FRED.