National Accounts: GDP by Expenditure: Constant Prices: Gross Fixed Capital Formation for Slovak Republic
Growth rate same period previous year, Quarterly
NAEXKP04SKQ659S • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
-9.86
Year-over-Year Change
-240.90%
Date Range
1/1/1998 - 1/1/2025
Summary
This economic trend measures the year-over-year growth rate of GDP. It is a key indicator of the overall health and trajectory of the U.S. economy.
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 growth rate same period previous year, Quarterly metric tracks the change in GDP compared to the same quarter in the prior year. This provides important context on the pace and direction of economic expansion or contraction.
Methodology
The data is calculated by the U.S. Bureau of Economic Analysis based on their quarterly GDP estimates.
Historical Context
Policymakers and analysts closely monitor this trend to gauge the broader economic outlook and inform policy decisions.
Key Facts
- GDP grew 6.9% in Q4 2021 compared to Q4 2020.
- The fastest annual GDP growth since 1984.
- GDP expanded 5.7% in 2021, the strongest annual gain since 1984.
FAQs
Q: What does this economic trend measure?
A: This metric tracks the year-over-year growth rate of the U.S. Gross Domestic Product (GDP), providing insights into the pace of economic expansion or contraction.
Q: Why is this trend relevant for users or analysts?
A: The GDP growth rate is a key barometer of the overall health of the economy, informing economic policy decisions and market analysis.
Q: How is this data collected or calculated?
A: The U.S. Bureau of Economic Analysis compiles this data based on its quarterly GDP estimates.
Q: How is this trend used in economic policy?
A: Policymakers and economists closely monitor GDP growth to assess the strength of the economy and guide decisions on interest rates, fiscal policy, and other interventions.
Q: Are there update delays or limitations?
A: The GDP growth rate data is released quarterly, with a delay of several weeks after the end of each quarter.
Related Trends
Sales: Retail Trade: Total Retail Trade: Volume for Slovak Republic
SVKSLRTTO01GYSAM
Consumer Price Index: Harmonized Prices: Restaurants and Hotels (COICOP 11): Total for Slovak Republic
SVKCPHP1100IXEBM
Harmonized Index of Consumer Prices: Passenger Transport by Railway for Slovakia
CP0731SKM086NEST
Infant Mortality Rate for the Slovak Republic
SPDYNIMRTINSVK
Consumer Price Indices (CPIs, HICPs), COICOP 1999: Consumer Price Index: Fuels and Lubricants for Personal Transport Equipment for Slovak Republic
SVKCPHP0702GYM
Interest Rates: Immediate Rates (< 24 Hours): Call Money/Interbank Rate: Total for Slovak Republic
IRSTCI01SKM156N
Citation
U.S. Federal Reserve, Growth rate same period previous year, Quarterly (NAEXKP04SKQ659S), retrieved from FRED.