National Accounts: GDP by Expenditure: Constant Prices: Gross Domestic Product: Total for Canada
Index 2015=100, Annual
NAEXKP01CAA661S • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
113.14
Year-over-Year Change
25.81%
Date Range
1/1/1961 - 1/1/2022
Summary
The Index 2015=100, Annual trend measures the annual values of a key indicator of national accounts and economic activity for a specific country. This metric is widely used by economists and policymakers to analyze macroeconomic performance and trends.
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 Index 2015=100, Annual series provides a normalized index where the base year of 2015 is set to 100. This allows for easy year-over-year comparisons and tracking of long-term changes in economic output, consumption, or other national account variables.
Methodology
This index is calculated annually by the U.S. statistical agency using standardized national accounting methodologies.
Historical Context
Policymakers and analysts closely monitor this index to assess the overall health and direction of the economy.
Key Facts
- The base year for this index is 2015.
- The index is calculated annually by the U.S. government.
- This metric is widely used to track macroeconomic performance.
FAQs
Q: What does this economic trend measure?
A: The Index 2015=100, Annual trend measures the annual values of a key indicator of national accounts and economic activity for a specific country.
Q: Why is this trend relevant for users or analysts?
A: This metric is widely used by economists and policymakers to analyze macroeconomic performance and trends over time.
Q: How is this data collected or calculated?
A: This index is calculated annually by the U.S. statistical agency using standardized national accounting methodologies.
Q: How is this trend used in economic policy?
A: Policymakers and analysts closely monitor this index to assess the overall health and direction of the economy.
Q: Are there update delays or limitations?
A: The index is published annually, so there may be a delay in the most recent data being available.
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Citation
U.S. Federal Reserve, Index 2015=100, Annual (NAEXKP01CAA661S), retrieved from FRED.