Geographical Outreach: Number of Institutions, Other Financial Corporations, Insurance Corporations for Russian Federation
RUSFCIOFINUM • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
208.00
Year-over-Year Change
-55.65%
Date Range
1/1/2004 - 1/1/2024
Summary
This trend tracks the number of financial institutions, other financial corporations, and insurance corporations in the Russian Federation. It provides insight into the breadth and composition of the country's financial sector.
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 Geographical Outreach: Number of Institutions, Other Financial Corporations, Insurance Corporations for Russian Federation series measures the total count of various types of financial entities operating in Russia. This data is useful for analyzing the structure and development of the Russian financial system.
Methodology
The data is collected and reported by the Central Bank of the Russian Federation.
Historical Context
This metric is relevant for policymakers, investors, and analysts seeking to understand the scale and landscape of Russia's financial industry.
Key Facts
- The number of institutions tracked in this series includes banks, investment funds, and other financial entities.
- This metric can signal changes in the level of financial intermediation and competition within the Russian market.
- Data is reported on a quarterly basis by the Central Bank of the Russian Federation.
FAQs
Q: What does this economic trend measure?
A: This trend tracks the total number of financial institutions, other financial corporations, and insurance corporations operating in the Russian Federation.
Q: Why is this trend relevant for users or analysts?
A: This metric provides insight into the breadth and composition of Russia's financial sector, which is useful for policymakers, investors, and analysts studying the country's economic and financial development.
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: This metric can inform policymakers and regulators about the scale and structure of Russia's financial industry, which is relevant for financial stability, competition, and development policies.
Q: Are there update delays or limitations?
A: The data is reported on a quarterly basis by the Central Bank of the Russian Federation.
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Citation
U.S. Federal Reserve, Geographical Outreach: Number of Institutions, Other Financial Corporations, Insurance Corporations for Russian Federation (RUSFCIOFINUM), retrieved from FRED.