Total Credit to Private Non-Financial Sector, Adjusted for Breaks, for Hong Kong SAR
Billions of US Dollars
QHKPAMUSDA • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
1,341.84
Year-over-Year Change
-0.98%
Date Range
10/1/1978 - 10/1/2024
Summary
The 'Billions of US Dollars' trend measures the total value of US dollar-denominated assets held by the public. This metric is closely watched by economists and policymakers as an indicator of global demand for the US currency.
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 series tracks the total dollar value of US assets like Treasury securities, bank deposits, and other holdings that are owned by the public, both domestic and international. It provides insight into the status of the US dollar as a global reserve currency and can signal shifts in international financial flows.
Methodology
The data is collected and reported by the US Federal Reserve.
Historical Context
Analysts use this metric to assess the international role and stability of the US dollar, which has major implications for monetary and trade policy.
Key Facts
- The US dollar is the world's dominant reserve currency.
- US dollar assets held by the public exceed $30 trillion.
- The 'Billions of US Dollars' trend has grown significantly since the 1990s.
FAQs
Q: What does this economic trend measure?
A: This trend tracks the total dollar value of US assets like Treasuries, bank deposits, and other holdings that are owned by the public, both domestically and internationally.
Q: Why is this trend relevant for users or analysts?
A: This metric provides insight into the status of the US dollar as a global reserve currency and can signal shifts in international financial flows, which has major implications for monetary and trade policy.
Q: How is this data collected or calculated?
A: The data is collected and reported by the US Federal Reserve.
Q: How is this trend used in economic policy?
A: Analysts use this metric to assess the international role and stability of the US dollar, which is a key consideration for policymakers.
Q: Are there update delays or limitations?
A: The data is published with a short lag and represents the public's holdings of US dollar-denominated assets.
Related Trends
Number of Identified Exporters to Hong Kong from Iowa
IAHKGA475SCEN
Amount Outstanding of Total Debt Securities in Financial Corporations Sector, All Maturities, Residence of Issuer in Hong Kong SAR
TDSAMRIAOFCHK
Number of Identified Exporters to Hong Kong from West Virginia
WVHKGA475SCEN
Fiscal Situation of General Government: Net Lending/borrowing for China, P.R.: Hong Kong
HKGGGXCNLG01GDPPT
Liquid Assets to Deposits and Short Term Funding for Hong Kong SAR, China
DDSI06HKA156NWDB
Value of Exports to Hong Kong from Alabama
ALHKGA052SCEN
Citation
U.S. Federal Reserve, Billions of US Dollars (QHKPAMUSDA), retrieved from FRED.