National Accounts: GDP by Expenditure: Current Prices: Government Final Consumption Expenditure for Russia
Annual
RUSGFCEADSMEI • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
22,148,603,800,000.00
Year-over-Year Change
186.95%
Date Range
1/1/2003 - 1/1/2020
Summary
The Annual Gross Fixed Capital Formation (GFCF) measures the total value of a country's fixed assets, such as buildings, machinery, and infrastructure. It is a key indicator of economic investment and a driver of long-term economic growth.
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
GFCF represents the net additions to the fixed assets of the economy, including infrastructure, equipment, and buildings. It is a measure of the fixed capital formation that contributes to a country's productive capacity and future economic output.
Methodology
The data is collected by national statistical agencies and compiled by international organizations like the OECD.
Historical Context
GFCF data is used by policymakers, economists, and investors to assess the health of an economy and guide economic policy decisions.
Key Facts
- GFCF accounts for over 20% of global GDP on average.
- China has had the highest GFCF rate among major economies in recent decades.
- GFCF tends to decline during economic recessions as businesses cut back on investment.
FAQs
Q: What does this economic trend measure?
A: The Annual Gross Fixed Capital Formation (GFCF) measures the total value of a country's investment in fixed assets like buildings, machinery, and infrastructure.
Q: Why is this trend relevant for users or analysts?
A: GFCF is a key indicator of economic investment and a driver of long-term economic growth, making it highly relevant for policymakers, economists, and investors.
Q: How is this data collected or calculated?
A: The data is collected by national statistical agencies and compiled by international organizations like the OECD.
Q: How is this trend used in economic policy?
A: GFCF data is used by policymakers to assess the health of an economy and guide decisions on fiscal, monetary, and other economic policies.
Q: Are there update delays or limitations?
A: The data may have some delays in reporting, as it relies on input from national statistical agencies.
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Citation
U.S. Federal Reserve, Annual Gross Fixed Capital Formation (RUSGFCEADSMEI), retrieved from FRED.