Nominal Gross Fixed Capital Formation for Russia
NFINSAXDCRUQ • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
16,038,012.80
Year-over-Year Change
54.79%
Date Range
7/1/1993 - 10/1/2024
Summary
The Nominal Gross Fixed Capital Formation for Russia measures private and public investment in fixed assets such as buildings, machinery, and infrastructure. It is a key indicator of economic growth and capital formation.
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
Gross Fixed Capital Formation (GFCF) tracks the value of additions to fixed assets like plants, equipment, and housing. It is a crucial measure of investment activity and economic development in Russia. Economists and policymakers use GFCF to assess the country's productive capacity and investment climate.
Methodology
The data is collected by Russia's Federal State Statistics Service (Rosstat) through surveys of businesses and government agencies.
Historical Context
GFCF data helps inform Russian monetary and fiscal policies aimed at stimulating investment and economic expansion.
Key Facts
- Russia's GFCF reached a record high of $379 billion in 2013.
- GFCF accounts for over 20% of Russia's annual GDP.
- Investment in machinery and equipment makes up the largest share of GFCF in Russia.
FAQs
Q: What does this economic trend measure?
A: The Nominal Gross Fixed Capital Formation for Russia measures the total value of investments in fixed assets like buildings, machinery, and infrastructure within the country.
Q: Why is this trend relevant for users or analysts?
A: GFCF is a crucial indicator of Russia's economic growth, productive capacity, and investment climate, making it highly relevant for economists, policymakers, and market analysts.
Q: How is this data collected or calculated?
A: The data is collected by Russia's Federal State Statistics Service (Rosstat) through surveys of businesses and government agencies.
Q: How is this trend used in economic policy?
A: GFCF data helps inform Russian monetary and fiscal policies aimed at stimulating investment and economic expansion.
Q: Are there update delays or limitations?
A: The GFCF data is published quarterly with a lag of several months, and may be subject to revisions over time.
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Citation
U.S. Federal Reserve, Nominal Gross Fixed Capital Formation for Russia (NFINSAXDCRUQ), retrieved from FRED.