Nominal Total Credit to General Government, Adjusted for Breaks, for Russia
Percentage of GDP
QRUGAN770A • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
22.10
Year-over-Year Change
22.10%
Date Range
10/1/1997 - 10/1/2024
Summary
The 'Percentage of GDP' trend measures the value of goods and services produced in the United States as a percentage of the country's total economic output. This key indicator provides insight into 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
The 'Percentage of GDP' metric represents the ratio of real gross domestic product (GDP) to nominal GDP, expressed as a percentage. It is used by economists and policymakers to evaluate the performance and composition of the U.S. economy over time.
Methodology
The data is calculated by the U.S. Bureau of Economic Analysis using national income and product accounts data.
Historical Context
This trend is widely referenced in economic policy discussions and financial market analysis.
Key Facts
- GDP is the broadest measure of economic activity in the U.S.
- The 'Percentage of GDP' ratio indicates the real growth rate of the economy.
- This metric is a key input for monitoring economic performance and forecasting.
FAQs
Q: What does this economic trend measure?
A: The 'Percentage of GDP' trend measures the ratio of real GDP to nominal GDP, providing insight into the overall size and growth of the U.S. economy.
Q: Why is this trend relevant for users or analysts?
A: This metric is widely used by economists, policymakers, and market analysts to evaluate the health and performance of the U.S. economy.
Q: How is this data collected or calculated?
A: The data is calculated by the U.S. Bureau of Economic Analysis using national income and product accounts data.
Q: How is this trend used in economic policy?
A: The 'Percentage of GDP' trend is referenced in economic policy discussions and financial market analysis to monitor economic performance and growth.
Q: Are there update delays or limitations?
A: The data is published quarterly with a typical release delay of several weeks.
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Citation
U.S. Federal Reserve, Percentage of GDP (QRUGAN770A), retrieved from FRED.