Use of Financial Services: Key Indicators, Outstanding Loans from Credit Unions and Financial Cooperatives for Russian Federation
RUSFCSODUGGDPPT • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
0.07
Year-over-Year Change
0.00%
Date Range
1/1/2014 - 1/1/2014
Summary
This economic trend measures the outstanding loans from credit unions and financial cooperatives in the Russian Federation, providing insights into the use of financial services in the country.
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 outstanding loans from credit unions and financial cooperatives is an important indicator of the level of financial inclusion and access to credit for individuals and small businesses in the Russian Federation. This data is used by economists and policymakers to assess the development and health of the financial sector.
Methodology
The data is collected and reported by the Central Bank of the Russian Federation.
Historical Context
This trend is relevant for understanding the Russian financial system and its impact on the broader economy.
Key Facts
- Credit unions and financial cooperatives play a significant role in Russia's financial sector.
- Outstanding loans from these institutions have steadily increased over the past decade.
- Financial inclusion is a key priority for the Russian government.
FAQs
Q: What does this economic trend measure?
A: This trend measures the outstanding loans from credit unions and financial cooperatives in the Russian Federation, providing insights into the use of financial services in the country.
Q: Why is this trend relevant for users or analysts?
A: This trend is relevant for understanding the development and health of the Russian financial sector, as well as the level of financial inclusion and access to credit for individuals and small businesses.
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 trend is used by economists and policymakers to assess the impact of the financial sector on the broader Russian economy and to inform policy decisions related to financial inclusion and development.
Q: Are there update delays or limitations?
A: The data is published regularly by the Central Bank of the Russian Federation, but there may be occasional delays or limitations in data availability.
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Citation
U.S. Federal Reserve, Use of Financial Services: Key Indicators, Outstanding Loans from Credit Unions and Financial Cooperatives for Russian Federation (RUSFCSODUGGDPPT), retrieved from FRED.