Total Credit to Non-Financial Corporations, Adjusted for Breaks, for Hong Kong SAR
Billions of US Dollars
QHKNAMUSDA • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
981.87
Year-over-Year Change
-3.03%
Date Range
10/1/1990 - 10/1/2024
Summary
The 'Billions of US Dollars' trend measures the value of US net international investment position, a key economic indicator for assessing the country's global financial standing.
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 net international investment position tracks the difference between the value of US-owned assets abroad and foreign-owned assets in the US. This metric provides insights into the nation's international economic competitiveness and creditworthiness.
Methodology
The data is compiled by the US Bureau of Economic Analysis based on surveys and administrative records.
Historical Context
Policymakers and analysts monitor this trend to gauge the US's external balance sheet and implications for the dollar, trade, and capital flows.
Key Facts
- The US has run a negative net international investment position since the 1980s.
- The gap widened significantly during the 2000s due to trade deficits and asset valuation changes.
- Improving the net position is a long-standing economic policy goal for the US government.
FAQs
Q: What does this economic trend measure?
A: The 'Billions of US Dollars' trend tracks the net international investment position of the United States, which represents the difference between US-owned assets abroad and foreign-owned assets in the US.
Q: Why is this trend relevant for users or analysts?
A: The net international investment position is a key indicator of a country's standing in the global economy, reflecting its competitiveness, creditworthiness, and ability to service its foreign obligations.
Q: How is this data collected or calculated?
A: The data is compiled by the US Bureau of Economic Analysis based on surveys of households, businesses, and government agencies, as well as administrative records.
Q: How is this trend used in economic policy?
A: Policymakers and analysts monitor the net international investment position to assess the US's external balance sheet and implications for the dollar, trade, and capital flows, informing decisions on monetary, fiscal, and trade policies.
Q: Are there update delays or limitations?
A: The net international investment position data is released quarterly with a lag of approximately three months, and may be subject to revisions as new information becomes available.
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Citation
U.S. Federal Reserve, Billions of US Dollars (QHKNAMUSDA), retrieved from FRED.