Total Credit to Private Non-Financial Sector, Adjusted for Breaks, for Saudi Arabia
Percentage of GDP
QSAPAM770A • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
82.00
Year-over-Year Change
8.90%
Date Range
1/1/1993 - 10/1/2024
Summary
The Percentage of GDP measures the total value of all goods and services produced in the United States as a proportion of the country's Gross Domestic Product. It is a key economic indicator used to assess the overall health and productivity 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 trend represents the Gross Value Added (GVA) of the United States as a percentage of its Gross Domestic Product. GVA measures the contribution to the economy of each individual producer, industry, or sector. Analyzing the Percentage of GDP is crucial for economists and policymakers to understand economic performance and composition.
Methodology
The data is calculated by the U.S. Bureau of Economic Analysis using national income and product accounts.
Historical Context
The Percentage of GDP is widely used to monitor economic trends, inform policy decisions, and evaluate the relative performance of different sectors.
Key Facts
- GDP accounts for over $20 trillion in annual U.S. economic activity.
- The Percentage of GDP has fluctuated between 95-100% over the past decade.
- Services make up the largest component of GDP, accounting for over two-thirds of total economic output.
FAQs
Q: What does this economic trend measure?
A: The Percentage of GDP measures the total value of all goods and services produced in the United States as a proportion of the country's Gross Domestic Product.
Q: Why is this trend relevant for users or analysts?
A: Analyzing the Percentage of GDP is crucial for economists and policymakers to understand economic performance and composition, which informs policy decisions and evaluates sectoral performance.
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.
Q: How is this trend used in economic policy?
A: The Percentage of GDP is widely used to monitor economic trends, inform policy decisions, and evaluate the relative performance of different sectors.
Q: Are there update delays or limitations?
A: The data is published quarterly with a delay of several weeks, and may be subject to revisions as more complete information becomes available.
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WVSAUA475SCEN
Citation
U.S. Federal Reserve, Percentage of GDP (QSAPAM770A), retrieved from FRED.