Question 1

What is Trade Balance: Goods and Services, Balance of Payments Basis?

Accepted Answer

Further information related to the international trade data can be found at https://www.census.gov/foreign-trade/data/index.html 
Methodology details can be found at https://www.census.gov/foreign-trade/Press-Release/current_press_release/explain.pdf

Question 2

Where does Trade Balance: Goods and Services, Balance of Payments Basis data come from?

Accepted Answer

This dataset is sourced from FRED (FRED), a trusted provider of economic and financial data. DataSetIQ aggregates and standardizes this data for easy access and analysis.

Question 3

How often is Trade Balance: Goods and Services, Balance of Payments Basis updated?

Accepted Answer

This dataset is updated on a m basis by FRED. DataSetIQ syncs the latest data regularly to ensure you have access to the most current information.

Question 4

What time period does Trade Balance: Goods and Services, Balance of Payments Basis cover?

Accepted Answer

This dataset covers the period from 1992 to 2025. The temporal coverage allows for historical analysis and trend identification over 33 years of data.

Question 5

What units is Trade Balance: Goods and Services, Balance of Payments Basis measured in?

Accepted Answer

The data in this dataset is measured in Mil. of $. Understanding the measurement units is important for accurate interpretation and comparison with other datasets.

Question 6

What is the data quality score for Trade Balance: Goods and Services, Balance of Payments Basis?

Accepted Answer

Trade Balance: Goods and Services, Balance of Payments Basis has a DataSetIQ score of 100/100. This score measures data quality based on completeness, timeliness, consistency, and coverage metrics.

Trade Balance: Goods and Services, Balance of Payments Basis

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