Rest of the World; Checkable Deposits; Assets, Transactions

Annual

ROWCDAA027N • Economic Data from Federal Reserve Economic Data (FRED)

Latest Value

-1,145.00

Year-over-Year Change

-110.27%

Date Range

1/1/1946 - 1/1/2024

Summary

The 'Annual' economic trend measures the percentage change in real GDP per capita over the previous year. It provides an important indicator of a country's economic growth and living standard for policymakers and economists.

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 'Annual' trend represents the year-over-year percent change in real GDP per capita, which adjusts for inflation and population growth. It is a widely used metric for evaluating the overall economic health and productivity of a nation.

Methodology

The data is calculated by the U.S. Bureau of Economic Analysis based on national accounts and census population estimates.

Historical Context

This trend is closely monitored by policymakers, central banks, and market analysts to assess a country's economic performance and guide policy decisions.

Key Facts

  • Real GDP per capita grew 2.7% in 2021.
  • The 'Annual' trend fell 2.2% in 2020 due to the COVID-19 pandemic.
  • The U.S. has averaged 2.1% annual GDP per capita growth since 1990.

FAQs

Q: What does this economic trend measure?

A: The 'Annual' trend measures the year-over-year percent change in real GDP per capita, which captures a country's economic growth and living standards.

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

A: This metric is widely used by policymakers, economists, and market participants to evaluate a nation's overall economic performance and productivity.

Q: How is this data collected or calculated?

A: The data is calculated by the U.S. Bureau of Economic Analysis based on national accounts and census population estimates.

Q: How is this trend used in economic policy?

A: The 'Annual' trend is closely monitored by central banks, governments, and analysts to assess economic conditions and inform policy decisions.

Q: Are there update delays or limitations?

A: The data is published quarterly with a typical 2-3 month delay from the end of the reference period.

Related Trends

Citation

U.S. Federal Reserve, Annual (ROWCDAA027N), retrieved from FRED.