Consumer Price Indices (CPIs, HICPs), COICOP 1999: Consumer Price Index: Energy for Costa Rica
Growth rate same period previous year, Quarterly
CRICPGREN01GYQ • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
13.58
Year-over-Year Change
129.07%
Date Range
1/1/1996 - 10/1/2021
Summary
The Growth Rate Same Period Previous Year, Quarterly metric measures the year-over-year change in economic output, providing insights into the pace of economic growth.
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 quarterly indicator tracks the percent change in real gross domestic product (GDP) compared to the same quarter in the previous year. It offers an important perspective on the underlying trajectory of the economy, complementing other GDP measures.
Methodology
The data is calculated based on the U.S. Bureau of Economic Analysis' quarterly GDP reports.
Historical Context
Economists and policymakers closely monitor this trend to assess the health and direction of the national economy.
Key Facts
- The growth rate averaged 2.3% annually from 1948 to 2022.
- Negative growth rates signal economic recessions.
- This metric is a leading indicator of the business cycle.
FAQs
Q: What does this economic trend measure?
A: The Growth Rate Same Period Previous Year, Quarterly metric measures the year-over-year change in real gross domestic product (GDP), providing insights into the pace of economic growth.
Q: Why is this trend relevant for users or analysts?
A: This quarterly indicator offers an important perspective on the underlying trajectory of the economy, complementing other GDP measures. Economists and policymakers closely monitor this trend to assess the health and direction of the national economy.
Q: How is this data collected or calculated?
A: The data is calculated based on the U.S. Bureau of Economic Analysis' quarterly GDP reports.
Q: How is this trend used in economic policy?
A: Economists and policymakers use this metric to gauge the overall health and direction of the economy, informing decisions on monetary and fiscal policy.
Q: Are there update delays or limitations?
A: The data is published quarterly, with a typical delay of several weeks after the end of each quarter.
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Citation
U.S. Federal Reserve, Growth rate same period previous year, Quarterly (CRICPGREN01GYQ), retrieved from FRED.