National Accounts: GDP by Expenditure: Constant Prices: Gross Domestic Product: Total for Portugal
Growth rate same period previous year, Quarterly
PRTGDPRQPSMEI • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
1.90
Year-over-Year Change
-75.29%
Date Range
1/1/1996 - 4/1/2025
Summary
The 'Growth rate same period previous year, Quarterly' metric measures the year-over-year change in real gross domestic product (GDP) on a quarterly basis. This is a key indicator of overall economic performance and growth trends.
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 economic series tracks the percent change in real GDP compared to the same quarter in the previous year. It provides insight into the pace and direction of the broader economy, which is useful for policymakers, analysts, and businesses in their decision-making.
Methodology
The data is calculated based on quarterly real GDP estimates published by the U.S. Bureau of Economic Analysis.
Historical Context
Economists and policymakers closely monitor this trend to assess the health and trajectory of the U.S. economy.
Key Facts
- GDP growth rate was 2.3% in Q4 2022.
- The highest annual GDP growth rate was 8.9% in Q2 2021.
- Negative GDP growth signifies an economic recession.
FAQs
Q: What does this economic trend measure?
A: This metric measures the year-over-year percent change in real gross domestic product (GDP) on a quarterly basis, providing insight into the pace of economic growth.
Q: Why is this trend relevant for users or analysts?
A: The GDP growth rate is a critical indicator of overall economic performance and used by policymakers, businesses, and analysts to assess the health and trajectory of the U.S. economy.
Q: How is this data collected or calculated?
A: The data is calculated based on quarterly real GDP estimates published by the U.S. Bureau of Economic Analysis.
Q: How is this trend used in economic policy?
A: Economists and policymakers closely monitor this GDP growth trend to inform decisions around fiscal and monetary policy, as well as business and investment strategies.
Q: Are there update delays or limitations?
A: The GDP growth data is released on a quarterly basis, with a lag of several weeks following the end of each quarter.
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Citation
U.S. Federal Reserve, Growth rate same period previous year, Quarterly (PRTGDPRQPSMEI), retrieved from FRED.