Population, Total for Russian Federation

POPTOTRUA647NWDB • Economic Data from Federal Reserve Economic Data (FRED)

Latest Value

143,533,851.00

Year-over-Year Change

0.11%

Date Range

1/1/1960 - 1/1/2024

Summary

The 'Population, Total for Russian Federation' series measures the total population in Russia. This metric is crucial for understanding demographic trends and informing economic policymaking.

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

This series represents the estimated total population residing within the geographic boundaries of the Russian Federation. It is a key indicator used by economists, policymakers, and international organizations to analyze population dynamics and their impact on the economy.

Methodology

The data is collected and reported annually by the World Bank based on official government statistics.

Historical Context

Population data is essential for forecasting labor supply, consumer demand, and other macroeconomic factors.

Key Facts

  • Russia has the world's 9th largest population.
  • The population grew by 0.1% in 2021.
  • Over 73% of the population lives in urban areas.

FAQs

Q: What does this economic trend measure?

A: The 'Population, Total for Russian Federation' series measures the estimated total number of people residing within the geographic boundaries of the Russian Federation.

Q: Why is this trend relevant for users or analysts?

A: Population data is crucial for understanding demographic trends and their impact on the economy, including labor supply, consumer demand, and other macroeconomic factors.

Q: How is this data collected or calculated?

A: The data is collected and reported annually by the World Bank based on official government statistics.

Q: How is this trend used in economic policy?

A: Policymakers and economists use population data to forecast labor supply, consumer demand, and other macroeconomic variables, informing economic planning and decision-making.

Q: Are there update delays or limitations?

A: The data is published annually with a lag, and may not fully capture rapid demographic changes.

Related Trends

Citation

U.S. Federal Reserve, Population, Total for Russian Federation (POPTOTRUA647NWDB), retrieved from FRED.