General government net lending/borrowing for Russia
GGNLBARUA188N • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
-2.25
Year-over-Year Change
-688.22%
Date Range
1/1/1998 - 1/1/2024
Summary
This economic trend measures the net lending or borrowing position of the general government in Russia. It is a key indicator of fiscal policy and overall macroeconomic 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 general government net lending/borrowing represents the difference between government revenue and expenditure. It provides insight into a country's fiscal balance and the government's role in the broader economy.
Methodology
The data is calculated by the International Monetary Fund based on national accounts and fiscal data.
Historical Context
This trend is widely used by economists, policymakers, and financial analysts to assess Russia's fiscal sustainability and economic performance.
Key Facts
- Russia's general government net lending/borrowing was 0.5% of GDP in 2021.
- The trend has fluctuated between surpluses and deficits over the past decade.
- Positive values indicate a fiscal surplus, while negative values indicate a deficit.
FAQs
Q: What does this economic trend measure?
A: This trend measures the net lending or borrowing position of the general government in Russia, which includes the central government, state governments, local governments, and social security funds.
Q: Why is this trend relevant for users or analysts?
A: This trend provides insight into Russia's fiscal policy and the government's role in the broader economy. It is a key indicator of fiscal sustainability and can inform economic and policy decisions.
Q: How is this data collected or calculated?
A: The data is calculated by the International Monetary Fund based on national accounts and fiscal data reported by the Russian government.
Q: How is this trend used in economic policy?
A: Policymakers, economists, and financial analysts use this trend to assess Russia's fiscal stance, evaluate the government's role in the economy, and make informed decisions about economic and policy strategies.
Q: Are there update delays or limitations?
A: The data is published with a lag, and there may be revisions to historical values as more information becomes available. Users should be aware of potential delays or changes in the reported figures.
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Citation
U.S. Federal Reserve, General government net lending/borrowing for Russia (GGNLBARUA188N), retrieved from FRED.