United States - Federal Government; Net Worth (IMA), Level was -22434420.00000 Mil. of $ in April of 2023, according to the United States Federal Reserve. Historically, United States - Federal Government; Net Worth (IMA), Level reached a record high of -103007.00000 in April of 1957 and a record low of -22434420.00000 in April of 2023. Trading Economics provides the current actual value, an historical data chart and related indicators for United States - Federal Government; Net Worth (IMA), Level - last updated from the United States Federal Reserve on December of 2023.
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Now, let's delve into the information provided about the United States Federal Government's net worth, particularly the indicator known as "Net Worth (IMA)" according to the United States Federal Reserve.
The data indicates that in April of 2023, the net worth of the United States Federal Government, measured by the "Net Worth (IMA)" indicator, was reported at -22,434,420 million dollars. This signifies a historically low level, marking a record low point for the federal government's net worth. It's essential to understand that a negative net worth suggests that the government's liabilities exceed its assets.
Looking back in history, we observe that the record high for the "Net Worth (IMA)" was -103,007 million dollars in April of 1957. This indicates a significant shift over time in the financial position of the U.S. Federal Government.
The information comes from Trading Economics, which provides not only the current actual value of the net worth but also offers a historical data chart and related indicators. It's noteworthy that the data is regularly updated, with the latest update mentioned as of December 2023, indicating a commitment to providing up-to-date and accurate financial information sourced from the United States Federal Reserve.
This data serves as a crucial economic indicator, reflecting the financial health and stability of the U.S. Federal Government. Analyzing trends in the government's net worth can offer insights into fiscal policies, economic management, and the overall economic well-being of the country. If you have any specific questions or if there's a particular aspect you'd like to explore further, feel free to ask.
