Producer Prices Index: Type of Goods: Investments Goods: Domestic for Colombia
Growth rate previous period, Quarterly
COLPITGVG02GPQ • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
-0.44
Year-over-Year Change
-127.82%
Date Range
4/1/2001 - 4/1/2018
Summary
The Growth rate previous period, Quarterly measures the quarter-over-quarter growth rate of real gross domestic product (GDP). This metric provides insight into the overall pace of economic expansion or contraction.
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 economic indicator tracks changes in real GDP on a quarterly basis, showing the percentage change from the previous quarter. It is a key measure of economic performance and is closely monitored by policymakers, analysts, and investors.
Methodology
The data is calculated based on the U.S. Bureau of Economic Analysis' quarterly GDP estimates.
Historical Context
The growth rate previous period is used to assess the trajectory of the economy and inform fiscal and monetary policy decisions.
Key Facts
- The growth rate is expressed as a percentage change from the previous quarter.
- Positive growth rates indicate economic expansion, while negative rates signal contraction.
- This metric is a leading indicator of overall economic health.
FAQs
Q: What does this economic trend measure?
A: The Growth rate previous period, Quarterly measures the quarter-over-quarter percentage change in real gross domestic product (GDP), providing insight into the pace of economic expansion or contraction.
Q: Why is this trend relevant for users or analysts?
A: This metric is a key indicator of economic performance and is closely monitored by policymakers, analysts, and investors to assess the trajectory of the economy and inform policy decisions.
Q: How is this data collected or calculated?
A: The data is calculated based on the U.S. Bureau of Economic Analysis' quarterly GDP estimates.
Q: How is this trend used in economic policy?
A: The growth rate previous period is used to evaluate the state of the economy and guide fiscal and monetary policy decisions by governments and central banks.
Q: Are there update delays or limitations?
A: The data is released quarterly, following the publication of the Bureau of Economic Analysis' GDP estimates, and may be subject to revisions as more complete information becomes available.
Related Trends
Gross National Income for Colombia
MKTGNICOA646NWDB
Use of Financial Services: Key Indicators, Depositors with Commercial Banks Per 1000 Adults for Colombia
COLFCDODCANUM
Use of Financial Services: Key Indicators, Small and Medium Enterprises (SME) Loan Accounts with Commercial Banks (% of Non-financial Corporation Depositors with Commercial Banks) for Colombia
COLFCNODCSPNUM
Consumer Price Indices (CPIs, HICPs), COICOP 1999: Consumer Price Index: Alcoholic Beverages, Tobacco and Narcotics for Colombia
COLCP020000GYM
Consumer Price Index: All Items: Total for Colombia
COLCPALTT01GPM
Infra-Annual Labor Statistics: Labor Force Total: 15 Years or over for Colombia
COLLFACTTTTSTSAM
Citation
U.S. Federal Reserve, Growth rate previous period, Quarterly (COLPITGVG02GPQ), retrieved from FRED.