National Accounts: GDP by Expenditure: Constant Prices: Government Final Consumption Expenditure for Norway

Index 2015=100, Annual

NAEXKP03NOA661S • Economic Data from Federal Reserve Economic Data (FRED)

Latest Value

110.48

Year-over-Year Change

20.39%

Date Range

1/1/1978 - 1/1/2022

Summary

The 'Index 2015=100, Annual' measures the annual change in real exports of goods and services, which is a key indicator of a country's international trade and economic performance.

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 annual index tracks the volume of a country's real exports of goods and services, adjusting for inflation to provide a constant-dollar measure. It is used by economists and policymakers to assess a nation's trade position, competitiveness, and participation in the global economy.

Methodology

The data is collected by the U.S. Bureau of Economic Analysis through surveys of businesses and compiled into this annual index.

Historical Context

Trends in real exports are closely monitored by central banks, trade agencies, and market analysts to inform macroeconomic policy and business decisions.

Key Facts

  • The base year for this index is 2015 = 100.
  • Real exports account for over 12% of U.S. GDP.
  • The index has increased by over 10% since 2015.

FAQs

Q: What does this economic trend measure?

A: This index measures the annual change in the volume of real exports of goods and services from the United States, adjusted for inflation.

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

A: Trends in real exports are a key indicator of a country's international trade position, competitiveness, and overall economic performance, making this index highly relevant for economists, policymakers, and market analysts.

Q: How is this data collected or calculated?

A: The data is collected by the U.S. Bureau of Economic Analysis through surveys of businesses and compiled into an annual index.

Q: How is this trend used in economic policy?

A: Trends in real exports are closely monitored by central banks, trade agencies, and other institutions to inform macroeconomic policy decisions and business strategies.

Q: Are there update delays or limitations?

A: This is an annual index, so there may be a delay of several months before the latest data is available. The index is also subject to revisions as more complete information becomes available.

Related Trends

Citation

U.S. Federal Reserve, Index 2015=100, Annual (NAEXKP03NOA661S), retrieved from FRED.