Real External Balance of Goods and Services for India
Billions of Domestic Currency, Quarterly
NNXGSRNSAXDCINQ • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
1,913,796.30
Year-over-Year Change
-441.67%
Date Range
4/1/2004 - 1/1/2025
Summary
This economic indicator measures the value of goods and services produced within a country on a quarterly basis. It is a key metric for assessing a nation's overall economic output 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
Billions of Domestic Currency, Quarterly is a measure of gross domestic product (GDP), which represents the total monetary value of all finished goods and services produced within a country's borders over a given time period. This metric is widely used by economists, policymakers, and analysts to gauge a country's economic health and growth trajectory.
Methodology
The data is collected through surveys and calculations by national statistical agencies.
Historical Context
GDP figures are closely monitored by central banks and government agencies to inform monetary and fiscal policy decisions.
Key Facts
- GDP measures the total value of goods and services produced in a country.
- Quarterly GDP data provides a more frequent snapshot of economic performance.
- GDP is a widely-used indicator of a country's overall economic health and development.
FAQs
Q: What does this economic trend measure?
A: Billions of Domestic Currency, Quarterly measures the total monetary value of all finished goods and services produced within a country's borders over a three-month period.
Q: Why is this trend relevant for users or analysts?
A: GDP is a fundamental metric used by economists, policymakers, and investors to assess a country's economic output, growth, and overall health. Quarterly GDP data provides a more frequent and timely snapshot of economic performance.
Q: How is this data collected or calculated?
A: The data is collected through surveys and calculations by national statistical agencies.
Q: How is this trend used in economic policy?
A: Quarterly GDP figures are closely monitored by central banks and government agencies to inform monetary and fiscal policy decisions, as well as to assess the impacts of economic interventions.
Q: Are there update delays or limitations?
A: Quarterly GDP data is published with a short lag, typically 1-2 months after the end of the quarter. There may also be revisions to previously reported figures as more complete data becomes available.
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Citation
U.S. Federal Reserve, Billions of Domestic Currency, Quarterly (NNXGSRNSAXDCINQ), retrieved from FRED.