National Accounts: GDP by Expenditure: Constant Prices: Gross Domestic Product: Total for Norway
Growth rate previous period, Quarterly
NAEXKP01NOQ657S • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
-0.07
Year-over-Year Change
-60.61%
Date Range
4/1/1978 - 1/1/2025
Summary
The 'Growth rate previous period, Quarterly' metric measures the quarter-over-quarter percent change in real Gross Domestic Product (GDP). This data point is a key indicator of overall economic performance and growth momentum.
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 represents the annualized rate of change in real GDP compared to the previous quarter. Economists and policymakers closely monitor this indicator to assess the health and trajectory of the U.S. economy.
Methodology
The Bureau of Economic Analysis calculates this metric based on its comprehensive national income and product accounts data.
Historical Context
Quarterly GDP growth figures are widely referenced by government, industry, and financial market participants to inform economic policy and investment decisions.
Key Facts
- Real GDP grew 2.9% in Q4 2022.
- GDP growth has averaged 2.2% annually since 2010.
- Rapid GDP growth can lead to higher inflation.
FAQs
Q: What does this economic trend measure?
A: The 'Growth rate previous period, Quarterly' metric measures the quarter-over-quarter percent change in real Gross Domestic Product (GDP), a key indicator of overall economic performance.
Q: Why is this trend relevant for users or analysts?
A: Quarterly GDP growth figures are closely watched by economists, policymakers, and market participants to assess the health and trajectory of the U.S. economy.
Q: How is this data collected or calculated?
A: The Bureau of Economic Analysis calculates this metric based on its comprehensive national income and product accounts data.
Q: How is this trend used in economic policy?
A: Quarterly GDP growth data informs economic policy decisions by government institutions and guides investment strategies by financial market participants.
Q: Are there update delays or limitations?
A: The GDP growth data is typically published by the Bureau of Economic Analysis with a 1-month lag, and may be subject to revisions as more complete information becomes available.
Related Trends
Harmonized Index of Consumer Prices: Services Related to Recreation, Including Repairs and Personal Care for Norway
SERVRPNOM086NEST
National Accounts: GDP by Expenditure: Current Prices: Gross Domestic Product: Total for Norway
NORGDPNADSMEI
Bank Deposits to GDP for Norway
DDOI02NOA156NWDB
Production: Industry: Total Industry Excluding Construction for Norway
NORPRINTO01GPSAM
Bank Concentration for Norway
DDOI01NOA156NWDB
Infra-Annual Labor Statistics: Working-Age Population Total: From 55 to 64 Years for Norway
LFWA55TTNOA647N
Citation
U.S. Federal Reserve, Growth rate previous period, Quarterly (NAEXKP01NOQ657S), retrieved from FRED.