Use of Financial Services Deposit Accounts: Non-life Insurance Accounts at Insurance Corporations for Russian Federation
RUSFCAOFILNNUM • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
158,730,376.00
Year-over-Year Change
89.28%
Date Range
1/1/2012 - 1/1/2024
Summary
This economic trend measures the use of non-life insurance deposit accounts at insurance corporations in the Russian Federation. It provides insight into the financial services and insurance activities of Russian households and businesses.
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 Use of Financial Services Deposit Accounts: Non-life Insurance Accounts at Insurance Corporations for Russian Federation metric tracks the total value of deposit accounts held by non-life insurance companies in Russia. This data point is used by economists and policymakers to analyze the broader insurance and financial services landscape.
Methodology
The data is collected and reported by the Central Bank of the Russian Federation.
Historical Context
This trend is relevant for understanding the state of the Russian insurance and financial services industries.
Key Facts
- The data is reported on a monthly basis.
- Deposit accounts held by insurance companies can indicate levels of insurance activity.
- Russia is a major global insurance market.
FAQs
Q: What does this economic trend measure?
A: This trend measures the total value of deposit accounts held by non-life insurance companies in the Russian Federation. It provides insight into the level of financial services and insurance activity in the Russian economy.
Q: Why is this trend relevant for users or analysts?
A: This metric is relevant for understanding the state of the Russian insurance and broader financial services industries, which are important components of the country's overall economic performance.
Q: How is this data collected or calculated?
A: The data is collected and reported by the Central Bank of the Russian Federation.
Q: How is this trend used in economic policy?
A: Policymakers and economists can use this trend to analyze the Russian insurance and financial services sectors, which can inform broader economic and regulatory decisions.
Q: Are there update delays or limitations?
A: The data is reported on a monthly basis, so there may be a short delay in the most recent information being available.
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Citation
U.S. Federal Reserve, Use of Financial Services Deposit Accounts: Non-life Insurance Accounts at Insurance Corporations for Russian Federation (RUSFCAOFILNNUM), retrieved from FRED.