Leading Indicators OECD: Reference Series: Gross Domestic Product: Original Series for the Russian Federation
LORSGPORRUQ659S • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
3.83
Year-over-Year Change
74.99%
Date Range
1/1/1996 - 7/1/2021
Summary
This economic trend measures the leading indicators for the gross domestic product (GDP) of the Russian Federation, providing an early signal of economic conditions and future performance.
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 Leading Indicators OECD: Reference Series for the Russian Federation tracks a composite index of leading economic indicators that anticipate changes in the country's GDP. This helps economists and policymakers assess the broader health and direction of the Russian economy.
Methodology
The data is collected and calculated by the Organisation for Economic Co-operation and Development (OECD) based on a variety of economic inputs.
Historical Context
This leading indicator is used to inform economic policy decisions and market analysis for the Russian Federation.
Key Facts
- The OECD has tracked this leading indicator series for Russia since 1995.
- It is a composite of several sub-components, including business and consumer confidence.
- The indicator aims to signal economic turning points 6-9 months in advance.
FAQs
Q: What does this economic trend measure?
A: This trend measures a leading indicator for the gross domestic product (GDP) of the Russian Federation, providing an early signal of economic conditions and future performance.
Q: Why is this trend relevant for users or analysts?
A: This leading indicator helps economists and policymakers assess the broader health and direction of the Russian economy, informing economic policy decisions and market analysis.
Q: How is this data collected or calculated?
A: The data is collected and calculated by the Organisation for Economic Co-operation and Development (OECD) based on a variety of economic inputs.
Q: How is this trend used in economic policy?
A: This leading indicator for Russia's GDP is used to inform economic policy decisions and market analysis for the country.
Q: Are there update delays or limitations?
A: The OECD has tracked this leading indicator series for Russia since 1995, providing timely data with minimal delays.
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Citation
U.S. Federal Reserve, Leading Indicators OECD: Reference Series: Gross Domestic Product: Original Series for the Russian Federation (LORSGPORRUQ659S), retrieved from FRED.