Use of Financial Services Deposit Accounts: Accounts at Insurance Corporations for Russian Federation
RUSFCAOFINUM • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
175,816,399.00
Year-over-Year Change
93.46%
Date Range
1/1/2012 - 1/1/2024
Summary
This economic trend measures the use of financial services deposit accounts held at insurance corporations in the Russian Federation. It provides insights into the financial behavior and savings patterns of Russian consumers 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: Accounts at Insurance Corporations for Russian Federation metric tracks the total value of deposits held in insurance-based financial accounts in Russia. This data point helps economists and policymakers understand the overall level of financial intermediation and savings within the Russian economy.
Methodology
The data is collected and reported by the Central Bank of Russia.
Historical Context
This trend is used by analysts to assess the stability and growth of the Russian financial system.
Key Facts
- Russia's deposit account values at insurance firms totaled $XX billion in the latest period.
- Deposit account holdings have grown by X% over the past Y years.
- Insurance-based deposits make up Z% of total financial assets in Russia.
FAQs
Q: What does this economic trend measure?
A: This trend measures the total value of deposit accounts held at insurance corporations by Russian consumers and businesses.
Q: Why is this trend relevant for users or analysts?
A: This data provides insight into the level of financial intermediation and household/business savings within the Russian economy, which is useful for economic and policy analysis.
Q: How is this data collected or calculated?
A: The data is collected and reported by the Central Bank of Russia.
Q: How is this trend used in economic policy?
A: Economists and policymakers use this metric to assess the stability and growth of the Russian financial system.
Q: Are there update delays or limitations?
A: The data is published with a lag of several months by the Central Bank of Russia.
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Citation
U.S. Federal Reserve, Use of Financial Services Deposit Accounts: Accounts at Insurance Corporations for Russian Federation (RUSFCAOFINUM), retrieved from FRED.