Use of Financial Services, Assets: Outstanding Loans at Other Depository Corporations for Russian Federation

RUSFCSODXDC • Economic Data from Federal Reserve Economic Data (FRED)

Latest Value

38,113,819,624,000.00

Year-over-Year Change

621.40%

Date Range

1/1/2004 - 1/1/2017

Summary

This economic trend measures outstanding loans at other depository corporations for the Russian Federation. It provides insight into the level of financial intermediation and credit 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 at Other Depository Corporations for Russian Federation series tracks the total value of loans made by Russian financial institutions, excluding the central bank. This metric is used by economists to assess credit conditions, financial system depth, and economic growth potential in Russia.

Methodology

The data is collected by the Central Bank of Russia through surveys of domestic banking institutions.

Historical Context

Policymakers and analysts monitor this trend to gauge the availability of credit and health of the Russian financial system.

Key Facts

  • Russia is the largest economy in Eastern Europe.
  • Lending by Russian banks has grown significantly since the 2000s.
  • The outstanding loans metric excludes the Russian central bank's activities.

FAQs

Q: What does this economic trend measure?

A: This trend measures the total value of outstanding loans made by Russian financial institutions, excluding the central bank. It provides insight into credit conditions and financial intermediation in the Russian economy.

Q: Why is this trend relevant for users or analysts?

A: This metric is important for assessing the depth and health of Russia's financial system, as well as the availability of credit to support economic growth.

Q: How is this data collected or calculated?

A: The data is collected by the Central Bank of Russia through surveys of domestic banking institutions.

Q: How is this trend used in economic policy?

A: Policymakers and analysts monitor this trend to gauge credit conditions and the overall functioning of the Russian financial system, which informs macroeconomic policies.

Q: Are there update delays or limitations?

A: The data is published with a short lag, and may not capture all lending activities by non-bank financial institutions.

Related Trends

Citation

U.S. Federal Reserve, Use of Financial Services, Assets: Outstanding Loans at Other Depository Corporations for Russian Federation (RUSFCSODXDC), retrieved from FRED.