National Accounts: GDP by Expenditure: Constant Prices: Private Final Consumption Expenditure for Russia

Index 2015=100, Annual

NAEXKP02RUA661S • Economic Data from Federal Reserve Economic Data (FRED)

Latest Value

99.39

Year-over-Year Change

10.83%

Date Range

1/1/2003 - 1/1/2020

Summary

The 'Index 2015=100, Annual' series measures the annual value of total exports of goods and services for Russia. This key economic indicator provides insights into Russia's trade performance and global competitiveness.

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

This annual index series, with a base year of 2015, tracks the overall volume of Russia's exports of both goods and services. It is a widely-used metric for analyzing Russia's trade dynamics, economic growth, and position in the global marketplace.

Methodology

The data is collected and calculated by the U.S. Federal Reserve based on official Russian government sources.

Historical Context

Policymakers and analysts monitor this index to assess Russia's trade balance, international competitiveness, and broader economic conditions.

Key Facts

  • Russia's exports reached a record high in 2022.
  • Energy products make up over 60% of Russia's total exports.
  • The export index has declined since 2014 due to sanctions and economic headwinds.

FAQs

Q: What does this economic trend measure?

A: This index measures the annual value of total exports of goods and services for Russia, with 2015 as the base year.

Q: Why is this trend relevant for users or analysts?

A: This index provides important insights into Russia's trade performance, global competitiveness, and broader economic conditions.

Q: How is this data collected or calculated?

A: The data is collected and calculated by the U.S. Federal Reserve based on official Russian government sources.

Q: How is this trend used in economic policy?

A: Policymakers and analysts monitor this index to assess Russia's trade balance, international competitiveness, and overall economic trajectory.

Q: Are there update delays or limitations?

A: There may be delays in data reporting or limitations due to the challenging geopolitical environment.

Related Trends

Citation

U.S. Federal Reserve, Index 2015=100, Annual (NAEXKP02RUA661S), retrieved from FRED.