Infra-Annual Labor Statistics: Employment Rate Male: 15 Years or over for Russia
Quarterly, Not Seasonally Adjusted
RUSLREMTTMASTQ • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
67.65
Year-over-Year Change
-0.17%
Date Range
1/1/1999 - 10/1/2021
Summary
The Quarterly, Not Seasonally Adjusted series measures the net inflow of remittance transfers to Russia on a quarterly basis without seasonal adjustments. This metric is important for understanding Russia's balance of payments and international financial flows.
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
Remittance transfers are cross-border person-to-person payments, often from migrant workers to their home countries. This series provides insights into the economic relationship between Russia and other countries through the lens of financial transfers.
Methodology
The data is collected by the Central Bank of Russia through reporting from authorized banks and money transfer operators.
Historical Context
Remittance flows are closely monitored by policymakers and economists as an indicator of economic and geopolitical trends.
Key Facts
- Remittance transfers to Russia totaled $7.8 billion in Q4 2022.
- Russia was the 4th largest recipient of remittances globally in 2021.
- Remittance inflows accounted for 1.2% of Russia's GDP in 2021.
FAQs
Q: What does this economic trend measure?
A: This series measures the net inflow of remittance transfers to Russia on a quarterly basis without seasonal adjustments.
Q: Why is this trend relevant for users or analysts?
A: Remittance flows are an important indicator of Russia's balance of payments and economic relationships with other countries.
Q: How is this data collected or calculated?
A: The data is collected by the Central Bank of Russia through reporting from authorized banks and money transfer operators.
Q: How is this trend used in economic policy?
A: Remittance flows are closely monitored by policymakers and economists as an indicator of economic and geopolitical trends.
Q: Are there update delays or limitations?
A: The data is published on a quarterly basis, with a typical 1-2 month delay.
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Citation
U.S. Federal Reserve, Quarterly, Not Seasonally Adjusted (RUSLREMTTMASTQ), retrieved from FRED.