Use of Financial Services, Assets: Outstanding Loans to Households at Commercial Banks for Russian Federation
RUSFCSODCHXDC • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
19,977,480,738,000.00
Year-over-Year Change
398.75%
Date Range
1/1/2004 - 1/1/2020
Summary
This economic trend measures outstanding loans to households from commercial banks in the Russian Federation. It provides insights into the level of consumer credit and household financial activity in 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 Use of Financial Services, Assets: Outstanding Loans to Households at Commercial Banks for Russian Federation trend tracks the total value of outstanding loans made by commercial banks to individual households in Russia. This metric is used by economists and policymakers to assess the availability of consumer credit and the financial health of Russian households.
Methodology
The data is collected and reported by the Central Bank of Russia.
Historical Context
This trend is relevant for understanding the state of consumer lending and household finances in the Russian market.
Key Facts
- Commercial bank loans to Russian households total over $300 billion.
- Consumer lending has grown steadily in Russia over the past decade.
- Outstanding household loans make up around 15% of total bank assets in Russia.
FAQs
Q: What does this economic trend measure?
A: This trend measures the total outstanding value of loans made by commercial banks to individual households in the Russian Federation.
Q: Why is this trend relevant for users or analysts?
A: This metric provides insight into the availability of consumer credit and the financial health of Russian households, which is useful for economists and policymakers.
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: This trend is used by analysts and policymakers to assess the state of consumer lending and household finances in the Russian market.
Q: Are there update delays or limitations?
A: The data is published with a short lag, typically 1-2 months after the reference period.
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Citation
U.S. Federal Reserve, Use of Financial Services, Assets: Outstanding Loans to Households at Commercial Banks for Russian Federation (RUSFCSODCHXDC), retrieved from FRED.