National Accounts: GDP by Expenditure: Constant Prices: Gross Fixed Capital Formation for OECD
Growth rate same period previous year
OECDNAEXKP04GYSAQ • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
1.81
Year-over-Year Change
-35.64%
Date Range
1/1/1963 - 1/1/2025
Summary
The 'Growth rate same period previous year' trend measures the year-over-year change in economic activity. It is a key indicator used by economists and policymakers to assess the overall health and trajectory of an 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 metric represents the percentage change in a given economic indicator compared to the same period in the previous year. It provides valuable insights into the pace and direction of economic growth, allowing for more informed policy decisions and investment strategies.
Methodology
The data is calculated by the OECD using official statistical sources.
Historical Context
Governments and central banks closely monitor this trend to gauge the effectiveness of their economic policies.
Key Facts
- The trend is reported as a percentage change.
- It is a widely used indicator of a country's economic performance.
- The OECD compiles the data from various national statistical agencies.
FAQs
Q: What does this economic trend measure?
A: The 'Growth rate same period previous year' trend measures the percentage change in a specific economic indicator compared to the same period in the previous year.
Q: Why is this trend relevant for users or analysts?
A: This trend provides valuable insights into the pace and direction of economic growth, which is crucial for economic policymaking, investment decisions, and overall assessment of a country's economic health.
Q: How is this data collected or calculated?
A: The data is calculated by the OECD using official statistical sources from national agencies.
Q: How is this trend used in economic policy?
A: Governments and central banks closely monitor this trend to gauge the effectiveness of their economic policies and make informed decisions about fiscal and monetary interventions.
Q: Are there update delays or limitations?
A: The data is subject to the reporting schedules and statistical practices of the contributing national agencies, which may result in occasional delays or revisions.
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Citation
U.S. Federal Reserve, Growth rate same period previous year (OECDNAEXKP04GYSAQ), retrieved from FRED.