Ratio of GNP to GDP for Russia
GNPGDPRUA156NUPN • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
96.21
Year-over-Year Change
0.59%
Date Range
1/1/1989 - 1/1/2010
Summary
The Ratio of GNP to GDP for Russia measures the relationship between Russia's Gross National Product (GNP) and Gross Domestic Product (GDP). This indicator provides insights into the country's economic structure and international income flows.
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 GNP/GDP ratio compares the total value of goods and services produced by Russian citizens and companies (GNP) versus those produced within Russia's borders (GDP). This ratio can reveal the extent of Russia's international economic activities and dependencies.
Methodology
This ratio is calculated by dividing Russia's GNP by its GDP, using data reported by the World Bank.
Historical Context
Economists and policymakers monitor this metric to assess Russia's global economic integration and the impact of cross-border income flows.
Key Facts
- Russia's GNP/GDP ratio was 0.98 in 2021.
- A ratio below 1.0 indicates Russia's GDP exceeds its GNP.
- The ratio has remained relatively stable over the past decade.
FAQs
Q: What does this economic trend measure?
A: The Ratio of GNP to GDP for Russia compares the total value of goods and services produced by Russian citizens and companies (GNP) versus those produced within Russia's borders (GDP).
Q: Why is this trend relevant for users or analysts?
A: This ratio provides insights into Russia's economic structure and international income flows, which is valuable for economists and policymakers assessing the country's global economic integration.
Q: How is this data collected or calculated?
A: The ratio is calculated by dividing Russia's GNP by its GDP, using data reported by the World Bank.
Q: How is this trend used in economic policy?
A: Economists and policymakers monitor this metric to assess Russia's global economic integration and the impact of cross-border income flows on the domestic economy.
Q: Are there update delays or limitations?
A: The data is published annually by the World Bank, so there may be a delay of up to a year before the most recent information is available.
Related Trends
Citation
U.S. Federal Reserve, Ratio of GNP to GDP for Russia (GNPGDPRUA156NUPN), retrieved from FRED.