National Accounts: GDP by Expenditure: Constant Prices: Less: Imports of Goods and Services for Brazil
NAEXKP07BRQ652S • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
43,221,394,640.00
Year-over-Year Change
28.52%
Date Range
1/1/1996 - 7/1/2023
Summary
This economic trend measures imports of goods and services in Brazil, adjusted for inflation. It is a key component of Brazil's GDP expenditure accounts and provides insights into the country's trade balance and international economic activity.
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 'National Accounts: GDP by Expenditure: Constant Prices: Less: Imports of Goods and Services for Brazil' series represents the volume of imports of goods and services in Brazil, measured in constant local currency units. This metric is essential for analyzing Brazil's trade dynamics and overall economic performance.
Methodology
The data is collected by Brazil's national statistical agency and calculated based on surveys of import activities.
Historical Context
Policymakers and economists closely monitor this trend to assess Brazil's international competitiveness and the impacts of trade policies.
Key Facts
- Imports account for approximately 13% of Brazil's GDP.
- This trend has shown volatility due to exchange rate fluctuations and changes in global demand.
- Brazil has historically run a trade deficit, with imports exceeding exports.
FAQs
Q: What does this economic trend measure?
A: This trend measures the volume of imports of goods and services in Brazil, adjusted for inflation. It is a key component of Brazil's GDP expenditure accounts.
Q: Why is this trend relevant for users or analysts?
A: This trend provides important insights into Brazil's trade dynamics and international economic competitiveness, which are crucial for policymakers and economists analyzing the country's economic performance.
Q: How is this data collected or calculated?
A: The data is collected by Brazil's national statistical agency and calculated based on surveys of import activities.
Q: How is this trend used in economic policy?
A: Policymakers and economists closely monitor this trend to assess Brazil's international competitiveness and the impacts of trade policies.
Q: Are there update delays or limitations?
A: There may be occasional delays in data reporting, and the trend can be influenced by exchange rate fluctuations and changes in global demand.
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Citation
U.S. Federal Reserve, National Accounts: GDP by Expenditure: Constant Prices: Less: Imports of Goods and Services for Brazil (NAEXKP07BRQ652S), retrieved from FRED.