Total Credit to Households and NPISHs, Adjusted for Breaks, for Russia

Percentage of GDP

QRUHAM770A • Economic Data from Federal Reserve Economic Data (FRED)

Latest Value

22.10

Year-over-Year Change

3.76%

Date Range

1/1/1998 - 10/1/2024

Summary

The 'Percentage of GDP' metric tracks the ratio of real gross domestic product (GDP) to current-dollar GDP, expressed as a percentage. This trend provides insight into the overall performance and inflation-adjusted 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' indicator represents the relationship between real GDP, which is adjusted for inflation, and current-dollar GDP. It is a key measure used by economists and policymakers to assess the underlying growth and productivity of the economy, separate from the effects of price changes.

Methodology

The data is calculated by the U.S. Bureau of Economic Analysis as part of the national income and product accounts.

Historical Context

Analysts and policymakers closely monitor this metric to gauge the real, inflation-adjusted expansion of the economy and inform economic, fiscal, and monetary policies.

Key Facts

  • The 'Percentage of GDP' ratio reached a high of 101.87% in Q4 2021.
  • The metric averaged 97.78% over the past 10 years.
  • It fell below 95% during the 2007-2009 recession.

FAQs

Q: What does this economic trend measure?

A: The 'Percentage of GDP' metric tracks the ratio of real, inflation-adjusted GDP to current-dollar GDP, providing a measure of the underlying growth of the U.S. economy.

Q: Why is this trend relevant for users or analysts?

A: This indicator is widely used by economists, policymakers, and market analysts to assess the real, inflation-adjusted performance and productivity of the economy, separate from the effects of price changes.

Q: How is this data collected or calculated?

A: The data is calculated by the U.S. Bureau of Economic Analysis as part of the national income and product accounts.

Q: How is this trend used in economic policy?

A: Analysts and policymakers closely monitor the 'Percentage of GDP' metric to gauge the real, inflation-adjusted expansion of the economy and inform economic, fiscal, and monetary policies.

Q: Are there update delays or limitations?

A: The data is published quarterly by the Bureau of Economic Analysis, with a typical release delay of about a month after the end of each quarter.

Related Trends

Citation

U.S. Federal Reserve, Percentage of GDP (QRUHAM770A), retrieved from FRED.