Balance of Payments: Primary Income: Expenditure for G7
G7B6DBPI01CXCUQ • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
786,577,600,000.00
Year-over-Year Change
69.70%
Date Range
1/1/1999 - 10/1/2024
Summary
The 'Balance of Payments: Primary Income: Expenditure for G7' series measures the expenditure on primary income, such as compensation of employees and investment income, by the G7 group of advanced economies.
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 trend provides insight into the international flows of income associated with cross-border investment and labor. It is a key component of the overall balance of payments and helps economists analyze a country's external financial position.
Methodology
The data is collected and calculated by the U.S. Bureau of Economic Analysis based on international transactions reporting.
Historical Context
Policymakers use this metric to assess a country's competitiveness and ability to service its external liabilities.
Key Facts
- The G7 economies are Canada, France, Germany, Italy, Japan, the United Kingdom, and the United States.
- Primary income includes compensation of employees, investment income, and other primary income.
- This metric is reported quarterly by the U.S. Bureau of Economic Analysis.
FAQs
Q: What does this economic trend measure?
A: The 'Balance of Payments: Primary Income: Expenditure for G7' series measures the expenditure on primary income, such as compensation of employees and investment income, by the G7 group of advanced economies.
Q: Why is this trend relevant for users or analysts?
A: This metric provides insight into the international flows of income associated with cross-border investment and labor, which is a key component of a country's overall balance of payments and external financial position.
Q: How is this data collected or calculated?
A: The data is collected and calculated by the U.S. Bureau of Economic Analysis based on international transactions reporting.
Q: How is this trend used in economic policy?
A: Policymakers use this metric to assess a country's competitiveness and ability to service its external liabilities.
Q: Are there update delays or limitations?
A: This metric is reported quarterly by the U.S. Bureau of Economic Analysis, with a typical update delay of 2-3 months.
Related Trends
Infra-Annual Labor Statistics: Persons Outside the Labor Force Female: From 25 to 54 Years for G7
G7LFIN25FESTQ
Infra-Annual Labor Statistics: Labor Force Male: 15 Years or over for G7
G7LFACTTMAGPQ
Infra-Annual Labor Statistics: Monthly Unemployment Rate Male: 15 Years or over for G7
G7LRHUTTMASTSAM
Production, Sales, Work Started and Orders: Production Volume: Economic Activity: Industry (Except Construction) for G7
G7PRINTO01IXOBSAQ
Infra-Annual Labor Statistics: Employees Total for G7
G7LFESEETTSTSAQ
Balance of Payments: Goods: Balance (Revenue Minus Expenditure) for G7
G7B6BLTD01CXCUQ
Citation
U.S. Federal Reserve, Balance of Payments: Primary Income: Expenditure for G7 (G7B6DBPI01CXCUQ), retrieved from FRED.