Leading Indicators OECD: Reference series: Gross Domestic Product (GDP): Trend for the Russian Federation
RUSLORSGPTDSTSAM • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
107.74
Year-over-Year Change
1.09%
Date Range
2/1/1995 - 8/1/2021
Summary
The Leading Indicators OECD: Reference series: Gross Domestic Product (GDP): Trend for the Russian Federation measures the cyclical component of the country's GDP, providing an early signal of turning points in the business cycle.
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 indicator is part of the OECD's suite of leading economic indicators, which are designed to predict future economic conditions. The Russian GDP trend series offers insight into the overall health and direction of the Russian economy.
Methodology
The data is calculated by the OECD using a proprietary methodology.
Historical Context
Policymakers and analysts use this indicator to anticipate changes in the Russian economy and inform macroeconomic decisions.
Key Facts
- The indicator is part of the OECD's system of leading economic indicators.
- It reflects the cyclical component of Russian GDP.
- The trend offers an early signal of turning points in the Russian business cycle.
FAQs
Q: What does this economic trend measure?
A: This indicator measures the cyclical component of Russia's Gross Domestic Product (GDP), providing an early signal of turning points in the country's business cycle.
Q: Why is this trend relevant for users or analysts?
A: The Russian GDP trend is a key input for policymakers and analysts looking to anticipate changes in the overall health and direction of the Russian economy.
Q: How is this data collected or calculated?
A: The data is calculated by the OECD using a proprietary methodology.
Q: How is this trend used in economic policy?
A: Policymakers and analysts use this indicator to inform macroeconomic decisions and anticipate changes in the Russian economy.
Q: Are there update delays or limitations?
A: The data is published by the OECD with potential delays, and may be subject to revisions over time.
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Citation
U.S. Federal Reserve, Leading Indicators OECD: Reference series: Gross Domestic Product (GDP): Trend for the Russian Federation (RUSLORSGPTDSTSAM), retrieved from FRED.