National Accounts: GDP by Expenditure: Current Prices: Exports of Goods and Services for Finland

Annual

FINEXPORTADSMEI • Economic Data from Federal Reserve Economic Data (FRED)

Latest Value

121,694,000,000.00

Year-over-Year Change

68.38%

Date Range

1/1/1990 - 1/1/2022

Summary

The Annual series measures U.S. exports of financial services, a key component of the country's international trade. This indicator provides insights into the competitiveness and growth of the U.S. financial sector globally.

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 Annual series from the Bureau of Economic Analysis tracks the value of U.S. exports of financial services, which include banking, insurance, securities brokerage, and other financial activities. It offers a high-level view of the performance and international standing of the U.S. financial industry.

Methodology

The data is collected through surveys of U.S. companies and individuals providing financial services to foreign clients.

Historical Context

Policymakers and analysts use this series to evaluate the trade balance and international competitiveness of the U.S. financial sector.

Key Facts

  • U.S. financial services exports totaled $135 billion in 2021.
  • Financial services account for over 20% of total U.S. services exports.
  • The U.S. runs a large trade surplus in financial services.

FAQs

Q: What does this economic trend measure?

A: The Annual series measures the value of U.S. exports of financial services, including banking, insurance, and securities brokerage.

Q: Why is this trend relevant for users or analysts?

A: This indicator provides insights into the international competitiveness and growth of the U.S. financial sector, which is a key driver of the country's services trade surplus.

Q: How is this data collected or calculated?

A: The data is collected through surveys of U.S. companies and individuals providing financial services to foreign clients.

Q: How is this trend used in economic policy?

A: Policymakers and analysts use this series to evaluate the trade balance and international standing of the U.S. financial industry, which informs economic and trade policy decisions.

Q: Are there update delays or limitations?

A: The Annual series is published with a lag of several months, and may be subject to revisions as more complete data becomes available.

Related Trends

Citation

U.S. Federal Reserve, Annual (FINEXPORTADSMEI), retrieved from FRED.