Total Credit to Private Non-Financial Sector, Adjusted for Breaks, for Israel
Percentage of GDP
QILPAM770A • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
111.90
Year-over-Year Change
-2.70%
Date Range
10/1/1990 - 10/1/2024
Summary
The Percentage of GDP trend measures the value of imports of goods and services as a percentage of the gross domestic product (GDP) of the United States.
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 indicator provides insight into the importance of international trade to the U.S. economy. It is used by policymakers, analysts, and economists to assess the country's reliance on foreign goods and services.
Methodology
The data is calculated by the U.S. Bureau of Economic Analysis as the ratio of imports to GDP.
Historical Context
The Percentage of GDP trend is a key measure of economic openness and can inform trade and monetary policy decisions.
Key Facts
- The Percentage of GDP reached a high of 17.1% in 2019.
- Imports accounted for over 15% of U.S. GDP on average from 2010-2019.
- The trend declined during the 2008-2009 recession due to reduced trade flows.
FAQs
Q: What does this economic trend measure?
A: The Percentage of GDP trend measures the value of imports of goods and services as a percentage of the gross domestic product (GDP) of the United States.
Q: Why is this trend relevant for users or analysts?
A: This indicator provides insight into the importance of international trade to the U.S. economy and can inform policymakers' decisions on trade and monetary policy.
Q: How is this data collected or calculated?
A: The data is calculated by the U.S. Bureau of Economic Analysis as the ratio of imports to GDP.
Q: How is this trend used in economic policy?
A: The Percentage of GDP trend is a key measure of economic openness that can inform trade and monetary policy decisions.
Q: Are there update delays or limitations?
A: The data is released quarterly by the Bureau of Economic Analysis with a typical 2-month delay.
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Citation
U.S. Federal Reserve, Percentage of GDP (QILPAM770A), retrieved from FRED.