Credit to Private Non-Financial Sector by Domestic Banks, Unadjusted for Breaks, for Russia
CRDQRUBPUBIS • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
119,226.69
Year-over-Year Change
65.13%
Date Range
4/1/1995 - 10/1/2024
Summary
This economic trend measures the total amount of credit extended by domestic banks to the private non-financial sector in Russia, unadjusted for breaks in the data series. It provides insight into the availability and flow of credit within 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 Credit to Private Non-Financial Sector by Domestic Banks, Unadjusted for Breaks, for Russia data series tracks the total value of loans, advances, and other credit instruments provided by Russian banks to private businesses and households. This metric is used by economists and policymakers to assess the level of financial intermediation and private sector access to credit in the country.
Methodology
The data is collected and reported by the Central Bank of Russia.
Historical Context
This credit data is relevant for understanding the functioning of Russian financial markets and the broader economic environment.
Key Facts
- Credit to Russian private sector reached a high of 34.3 trillion rubles in 2021.
- Credit growth slowed to 9.5% in 2022 amid economic sanctions.
- Russian banks account for over 90% of total domestic credit provision.
FAQs
Q: What does this economic trend measure?
A: This trend measures the total amount of credit extended by domestic banks to the private non-financial sector in Russia, without adjustments for data breaks.
Q: Why is this trend relevant for users or analysts?
A: This metric provides insight into the availability and flow of credit within the Russian economy, which is a key indicator of financial intermediation and private sector access to capital.
Q: How is this data collected or calculated?
A: The data is collected and reported by the Central Bank of Russia.
Q: How is this trend used in economic policy?
A: Policymakers and analysts use this credit data to assess the functioning of Russian financial markets and the broader economic environment.
Q: Are there update delays or limitations?
A: The data is subject to the reporting schedules and methodological changes of the Central Bank of Russia.
Related Trends
Balance of Payments: Services: Expenditure for Russia
RUSB6DBSE03STSAQ
Amount Outstanding Due within One Year of International Debt Securities for All Issuers, Nationality of Issuer in Russia
IDS1MNIAOAIRU
Market Capitalization Outside of Top 10 Largest Companies to Total Market Capitalization for Russian Federation
DDAM02RUA156NWDB
Infra-Annual Labor Statistics: Unemployment Male: 15 Years or over for Russia
LFUNTTMARUQ647N
External Loans and Deposits of Reporting Banks in Relation to the Banking Sector for Russian Federation
DDOI10RUA156NWDB
Consumer Price Index: Health (COICOP 06): Total for Russia
RUSCP060000IXNBM
Citation
U.S. Federal Reserve, Credit to Private Non-Financial Sector by Domestic Banks, Unadjusted for Breaks, for Russia (CRDQRUBPUBIS), retrieved from FRED.