Nominal Gross Fixed Capital Formation for Russia
NFIXDCRUA • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
44,520,799.60
Year-over-Year Change
209.37%
Date Range
1/1/1990 - 1/1/2024
Summary
Nominal Gross Fixed Capital Formation for Russia measures the value of new fixed assets purchased by businesses and governments. It is a key indicator of investment and economic growth.
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
Gross Fixed Capital Formation (GFCF) represents the total value of a country's fixed assets, such as buildings, machinery, and infrastructure. The nominal GFCF for Russia specifically tracks these investments without adjusting for inflation.
Methodology
The data is collected through surveys of businesses and government agencies.
Historical Context
GFCF is used by policymakers and analysts to assess the health of the Russian economy and guide fiscal and monetary policies.
Key Facts
- GFCF accounts for over 20% of Russia's GDP.
- Investment in fixed assets drives productivity and competitiveness.
- GFCF has grown steadily in Russia over the past decade.
FAQs
Q: What does this economic trend measure?
A: Nominal Gross Fixed Capital Formation for Russia measures the total value of new fixed assets purchased by businesses and governments in the country.
Q: Why is this trend relevant for users or analysts?
A: GFCF is a key indicator of investment and economic growth, providing insights into the health and trajectory of the Russian economy.
Q: How is this data collected or calculated?
A: The data is collected through surveys of businesses and government agencies in Russia.
Q: How is this trend used in economic policy?
A: Policymakers and analysts use GFCF data to assess the Russian economy and guide fiscal and monetary policies.
Q: Are there update delays or limitations?
A: The data is published quarterly with a lag of several months, and may be subject to revisions over time.
Related Trends
Real Statistical Discrepancy for Russia
NSDGDPRXDCRUA
Net Issues of International Debt Securities for Issuers in General Government Sector, All Maturities, Residence of Issuer in Russia
IDSGAMRINIRU
Consumer Price Index: Food and Non-Alcoholic Beverages (COICOP 01): Total for Russia
RUSCP010000IXNBM
Gross Domestic Product for Russian Federation
MKTGDPRUA646NWDB
Producer Prices Index: Economic Activities: Manufacturing: Total for Russia
RUSPIEAMP01GPM
Bank's Cost to Income Ratio for Russian Federation
DDEI07RUA156NWDB
Citation
U.S. Federal Reserve, Nominal Gross Fixed Capital Formation for Russia (NFIXDCRUA), retrieved from FRED.