National Accounts: GDP by Expenditure: Constant Prices: Gross Domestic Product: Total
Growth rate same period previous year
OECDNAEXKP01GYSAQ • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
1.68
Year-over-Year Change
-65.22%
Date Range
1/1/1963 - 1/1/2025
Summary
The 'Growth rate same period previous year' measures the year-over-year change in an economic indicator, providing insights into the trajectory of the 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
This trend represents the annual percent change in a variable compared to the same period in the previous year. It is a widely used metric that helps economists and policymakers analyze economic performance and identify emerging trends.
Methodology
The data is calculated by the OECD based on reported economic indicators.
Historical Context
This growth rate is a key input for assessing monetary and fiscal policy decisions.
Key Facts
- The growth rate can signal economic expansion or contraction.
- Year-over-year changes filter out seasonal fluctuations.
- This metric is used to track the business cycle.
FAQs
Q: What does this economic trend measure?
A: The 'Growth rate same period previous year' measures the annual percent change in an economic indicator compared to the same period in the prior year.
Q: Why is this trend relevant for users or analysts?
A: This growth rate is a widely used metric that helps economists and policymakers analyze economic performance and identify emerging trends.
Q: How is this data collected or calculated?
A: The data is calculated by the OECD based on reported economic indicators.
Q: How is this trend used in economic policy?
A: This growth rate is a key input for assessing monetary and fiscal policy decisions.
Q: Are there update delays or limitations?
A: The data is published on a regular schedule by the OECD, with potential delays in reporting depending on the underlying indicators.
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Citation
U.S. Federal Reserve, Growth rate same period previous year (OECDNAEXKP01GYSAQ), retrieved from FRED.