Total Credit to Non-Financial Sector, Adjusted for Breaks, for Ireland
Percentage of GDP
QIECAM770A • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
188.90
Year-over-Year Change
-20.50%
Date Range
10/1/1998 - 10/1/2024
Summary
The Percentage of GDP trend measures the total gross domestic product (GDP) of the United States. It is a key economic indicator used by policymakers and analysts to assess the overall health and growth of the U.S. 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 total value of all goods and services produced within the United States, expressed as a percentage of the country's GDP. It is a broad measure of economic activity and a fundamental gauge of economic performance.
Methodology
The data is collected and calculated by the U.S. Bureau of Economic Analysis (BEA).
Historical Context
The Percentage of GDP trend is widely used to inform economic and fiscal policy decisions.
Key Facts
- GDP represents over $20 trillion in annual economic activity.
- The U.S. GDP accounts for approximately 25% of global GDP.
- GDP growth is a primary goal of economic policy.
FAQs
Q: What does this economic trend measure?
A: The Percentage of GDP trend measures the total value of all goods and services produced within the United States, expressed as a percentage of the country's gross domestic product (GDP).
Q: Why is this trend relevant for users or analysts?
A: The Percentage of GDP is a fundamental gauge of economic performance and a key indicator used by policymakers, investors, and analysts to assess the overall health and growth of the U.S. economy.
Q: How is this data collected or calculated?
A: The data is collected and calculated by the U.S. Bureau of Economic Analysis (BEA).
Q: How is this trend used in economic policy?
A: The Percentage of GDP trend is widely used to inform economic and fiscal policy decisions, as it provides a comprehensive measure of the country's overall economic activity and growth.
Q: Are there update delays or limitations?
A: The Percentage of GDP data is released on a quarterly basis by the BEA, with a typical update delay of several weeks following the end of each quarter.
Related Trends
Infra-Annual Labor Statistics: Employment Male: From 15 to 74 Years for Ireland
LFEM74MAIEQ657S
Currency Conversions: US Dollar Exchange Rate: Average of Daily Rates: National Currency: USD for Ireland
CCUSMA02IEA618N
Infra-Annual Labor Statistics: Employment Male: From 55 to 64 Years for Ireland
LFEM55MAIEA647N
Harmonized Index of Consumer Prices: Other Insurance for Ireland
CP1255IEM086NEST
National Accounts: GDP by Expenditure: Current Prices: Gross Domestic Product: Total for Ireland
IRLGDPNQDSMEI
Real Imports of Services for Ireland
NMSRXDCIRA
Citation
U.S. Federal Reserve, Percentage of GDP (QIECAM770A), retrieved from FRED.