National Accounts: GDP by Expenditure: Constant Prices: Less: Imports of Goods and Services for Austria
Growth rate previous period, Annual
NAEXKP07ATA657S • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
-3.34
Year-over-Year Change
-461.75%
Date Range
1/1/1989 - 1/1/2024
Summary
The Growth rate previous period, Annual measures the year-over-year change in real GDP, providing a high-level view of economic growth and 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 metric tracks the annual percentage change in real gross domestic product (GDP), which is a key indicator of a country's overall economic activity and production. It is closely watched by economists, policymakers, and investors to assess the health and trajectory of the broader economy.
Methodology
The data is calculated based on the U.S. Bureau of Economic Analysis' quarterly real GDP estimates.
Historical Context
Growth rate previous period, Annual is a vital input for monetary and fiscal policy decisions.
Key Facts
- Real GDP grew 2.3% in 2022.
- The U.S. economy expanded by 5.7% in 2021.
- Growth rate previous period, Annual averaged 2.3% from 2010-2019.
FAQs
Q: What does this economic trend measure?
A: The Growth rate previous period, Annual measures the year-over-year change in real gross domestic product (GDP), providing a high-level indicator of overall economic growth and performance.
Q: Why is this trend relevant for users or analysts?
A: This metric is a vital macroeconomic indicator closely watched by economists, policymakers, and investors to assess the health and trajectory of the broader economy.
Q: How is this data collected or calculated?
A: The data is calculated based on the U.S. Bureau of Economic Analysis' quarterly real GDP estimates.
Q: How is this trend used in economic policy?
A: Growth rate previous period, Annual is a key input for monetary and fiscal policy decisions made by the Federal Reserve and government economic agencies.
Q: Are there update delays or limitations?
A: The data is released quarterly, with a lag of several weeks after the end of each quarter.
Related Trends
Consumer Price Index: Services Less Housing National Definition for Austria
CPSELR02ATQ661N
Consumer Price Indices (CPIs, HICPs), COICOP 1999: Consumer Price Index: Overall Index Excluding Energy, Food, Alcohol and Tobacco for Austria
AUTCPHPLA01GYM
Labor Compensation: Earnings: Manufacturing: Hourly for Austria
LCEAMN01ATQ659S
Consumer Price Indices (CPIs, HICPs), COICOP 1999: Consumer Price Index: Total for Austria
CPALTT01ATA659N
Interest Rates: 3-Month or 90-Day Rates and Yields: Interbank Rates: Total for Austria
IR3TIB01ATM156N
Consumer Price Index: OECD Groups: All Items Non-Food Non-Energy: Total for Austria
CPGRLE01ATM657N
Citation
U.S. Federal Reserve, Growth rate previous period, Annual (NAEXKP07ATA657S), retrieved from FRED.