Credit to Government and State-Owned Enterprises to GDP for Russian Federation
DDEI08RUA156NWDB • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
9.70
Year-over-Year Change
263.22%
Date Range
1/1/2001 - 1/1/2020
Summary
This economic trend measures the ratio of credit to the government and state-owned enterprises as a percentage of Russia's GDP. It provides insights into the country's fiscal and financial conditions.
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 Government and State-Owned Enterprises to GDP for Russian Federation tracks the level of financing provided to the public sector and state-owned enterprises in relation to the overall size of the Russian economy. This indicator is useful for evaluating the government's role in the financial system and the extent of state involvement in economic activities.
Methodology
The data is collected and calculated by the World Bank based on information from national sources.
Historical Context
Policymakers and analysts use this metric to assess the Russian government's fiscal policies and the health of state-owned enterprises.
Key Facts
- Credit to the Russian government and state-owned enterprises was 18.7% of GDP in 2020.
- This indicator has fluctuated between 10% and 20% of GDP over the past decade.
- State involvement in the Russian economy remains significant compared to other major economies.
FAQs
Q: What does this economic trend measure?
A: This trend measures the ratio of credit provided to the government and state-owned enterprises as a percentage of Russia's Gross Domestic Product (GDP).
Q: Why is this trend relevant for users or analysts?
A: This indicator provides insights into the level of state involvement in the Russian economy and the government's reliance on credit financing, which is relevant for evaluating fiscal and financial conditions.
Q: How is this data collected or calculated?
A: The data is collected and calculated by the World Bank based on information from national sources.
Q: How is this trend used in economic policy?
A: Policymakers and analysts use this metric to assess the Russian government's fiscal policies and the health of state-owned enterprises, which are important for understanding the country's economic development.
Q: Are there update delays or limitations?
A: The data is published annually, and there may be some delays in the availability of the most recent figures.
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Citation
U.S. Federal Reserve, Credit to Government and State-Owned Enterprises to GDP for Russian Federation (DDEI08RUA156NWDB), retrieved from FRED.