Total Credit to Private Non-Financial Sector, Adjusted for Breaks, for Russia
QRUPAM770A • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
98.40
Year-over-Year Change
-1.20%
Date Range
4/1/1995 - 10/1/2024
Summary
This economic trend measures the total credit extended to the private non-financial sector in Russia, adjusted for any statistical breaks in data reporting. It provides insights into the overall credit environment and financial conditions within the Russian economy.
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 Total Credit to Private Non-Financial Sector, Adjusted for Breaks, for Russia tracks the total volume of loans, debt securities, and other credit instruments held by private businesses and households in Russia. This metric is used by economists and policymakers to assess the health and financing of the private sector, which is crucial for economic growth and stability.
Methodology
The data is collected and compiled by the Bank for International Settlements (BIS) based on information provided by the Central Bank of Russia.
Historical Context
This trend is closely monitored by Russian economic and financial authorities to gauge credit market conditions and inform policy decisions.
Key Facts
- The series is adjusted for statistical breaks to ensure comparability over time.
- Credit to the private non-financial sector accounts for a significant portion of overall credit in the Russian economy.
- Trends in this metric can signal changes in financial conditions and business/consumer access to credit.
FAQs
Q: What does this economic trend measure?
A: This trend measures the total volume of credit extended to the private non-financial sector in Russia, including loans, debt securities, and other credit instruments.
Q: Why is this trend relevant for users or analysts?
A: This metric provides insights into the health and financing of the private sector in Russia, which is crucial for economic growth and stability. It is closely monitored by policymakers and analysts to gauge credit market conditions.
Q: How is this data collected or calculated?
A: The data is collected and compiled by the Bank for International Settlements (BIS) based on information provided by the Central Bank of Russia.
Q: How is this trend used in economic policy?
A: Russian economic and financial authorities closely monitor this trend to assess credit market conditions and inform policy decisions that can impact the availability and cost of credit for businesses and households.
Q: Are there update delays or limitations?
A: The data is subject to the reporting and compilation schedules of the BIS and the Central Bank of Russia, which may result in occasional update delays.
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Citation
U.S. Federal Reserve, Total Credit to Private Non-Financial Sector, Adjusted for Breaks, for Russia (QRUPAM770A), retrieved from FRED.