Special Drawing Rights, Annual
XFORSD01DEA194N • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
46,785,525,298.00
Year-over-Year Change
12.69%
Date Range
1/1/1957 - 1/1/2014
Summary
The Special Drawing Rights (SDR) annual trend measures the value of the IMF's international reserve asset. It is an important indicator of global financial conditions and the role of the US dollar in the international monetary system.
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 SDR is an international reserve asset created by the International Monetary Fund (IMF) to supplement the official reserves of its member countries. The annual SDR trend provides insight into the relative value and usage of this reserve currency.
Methodology
The IMF calculates the SDR value based on a weighted basket of major global currencies.
Historical Context
Policymakers and analysts monitor the SDR trend to assess global financial stability and the international role of the US dollar.
Key Facts
- The SDR basket includes the US dollar, euro, Chinese renminbi, Japanese yen, and British pound.
- The IMF reviews the SDR basket every 5 years to ensure it reflects the relative importance of currencies in the global monetary system.
- As of 2022, the US dollar has the largest weight (43.38%) in the SDR basket.
FAQs
Q: What does this economic trend measure?
A: The Special Drawing Rights (SDR) annual trend measures the value of the IMF's international reserve asset, providing insight into global financial conditions and the international role of the US dollar.
Q: Why is this trend relevant for users or analysts?
A: The SDR trend is an important indicator for policymakers and analysts assessing global financial stability and the international monetary system.
Q: How is this data collected or calculated?
A: The IMF calculates the SDR value based on a weighted basket of major global currencies.
Q: How is this trend used in economic policy?
A: Policymakers and analysts monitor the SDR trend to assess the relative importance of the US dollar and other currencies in the global financial system, which informs monetary and exchange rate policies.
Q: Are there update delays or limitations?
A: The SDR data is published annually by the IMF, with a delay of several months after the end of the calendar year.
Related Trends
Real Gross Capital Formation for Germany
NIRSAXDCDEQ
Consumer Price Index: Harmonized Prices: Food and Non-Alcoholic Beverages (COICOP 01): Total for Germany
DEUCPHP0100GPM
Harmonized Index of Consumer Prices: Electricity for Germany
CP0451DEM086NEST
Bank Deposits to GDP for Germany
DDOI02DEA156NWDB
Harmonized Index of Consumer Prices: Beer for Germany
CP0213DEM086NEST
Harmonized Index of Consumer Prices: Insurance for Germany
CP1250DEM086NEST
Citation
U.S. Federal Reserve, Special Drawing Rights, Annual (XFORSD01DEA194N), retrieved from FRED.