M2 for Russian Federation
MYAGM2RUM189N • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
39,223,600,000,000.00
Year-over-Year Change
10.02%
Date Range
12/1/1996 - 5/1/2017
Summary
The M2 money supply for the Russian Federation measures a broad range of liquid assets, providing insight into the overall money stock and economic activity.
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
M2 is a key monetary aggregate that includes currency, checking deposits, savings deposits, and other highly liquid assets. Tracking changes in M2 helps economists and policymakers assess the stance of monetary policy and inflationary pressures.
Methodology
The data is collected and calculated by the Central Bank of Russia.
Historical Context
M2 is closely monitored by the Central Bank of Russia and analysts to evaluate the effectiveness of monetary policy and economic conditions.
Key Facts
- M2 for Russia reached a record high of 59.7 trillion rubles in 2021.
- The M2 to GDP ratio in Russia was around 51% in 2021.
- Russia's M2 growth slowed to 12.9% year-over-year in 2021 from 14.9% in 2020.
FAQs
Q: What does this economic trend measure?
A: The M2 money supply for the Russian Federation measures a broad range of liquid assets, including currency, checking deposits, savings deposits, and other highly liquid financial instruments.
Q: Why is this trend relevant for users or analysts?
A: Tracking changes in Russia's M2 money supply provides important insights into the overall money stock and economic activity, which is crucial for evaluating the effectiveness of monetary policy and assessing inflationary pressures.
Q: How is this data collected or calculated?
A: The data is collected and calculated by the Central Bank of Russia.
Q: How is this trend used in economic policy?
A: The M2 money supply is closely monitored by the Central Bank of Russia and analysts to assess the stance of monetary policy and overall economic conditions in the country.
Q: Are there update delays or limitations?
A: The M2 data for Russia is typically published with a short delay by the Central Bank and may be subject to revisions.
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Citation
U.S. Federal Reserve, M2 for Russian Federation (MYAGM2RUM189N), retrieved from FRED.