Leading Indicators OECD: Reference series: Gross Domestic Product (GDP): Ratio to trend for the Russian Federation
RUSLORSGPRTSTSAM • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
100.63
Year-over-Year Change
3.03%
Date Range
2/1/1995 - 8/1/2021
Summary
The Leading Indicators OECD: Reference series: Gross Domestic Product (GDP): Ratio to trend for the Russian Federation tracks the Russian economy's performance relative to its long-term trend. This metric is a key indicator for economists and policymakers assessing the health and trajectory of 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
This economic indicator measures the Russian GDP's ratio to its long-term trend, providing insights into the cyclical position of the economy. It is a component of the OECD's suite of leading economic indicators, widely used to analyze and forecast economic conditions.
Methodology
The data is calculated based on the OECD's proprietary methodology for measuring economic trends.
Historical Context
This indicator is closely monitored by policymakers, analysts, and investors to gauge the Russian economy's overall performance and prospects.
Key Facts
- The indicator is based on the OECD's reference GDP series for Russia.
- Values above 1 suggest the economy is operating above its long-term trend.
- The data is updated monthly by the OECD.
FAQs
Q: What does this economic trend measure?
A: This indicator measures the ratio of Russia's gross domestic product (GDP) to its long-term trend, providing insights into the cyclical position of the Russian economy.
Q: Why is this trend relevant for users or analysts?
A: This leading indicator is widely used by economists, policymakers, and investors to assess the overall performance and outlook of the Russian economy.
Q: How is this data collected or calculated?
A: The data is calculated by the OECD based on its proprietary methodology for measuring economic trends.
Q: How is this trend used in economic policy?
A: Policymakers, central banks, and analysts closely monitor this indicator to inform economic and monetary policy decisions affecting the Russian market.
Q: Are there update delays or limitations?
A: The data is updated monthly by the OECD, with minimal publication delays.
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Citation
U.S. Federal Reserve, Leading Indicators OECD: Reference series: Gross Domestic Product (GDP): Ratio to trend for the Russian Federation (RUSLORSGPRTSTSAM), retrieved from FRED.