Real Gross Fixed Capital Formation for Russia
NFIRNSAXDCRUQ • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
11,610,615.10
Year-over-Year Change
14.60%
Date Range
1/1/2011 - 10/1/2024
Summary
The Real Gross Fixed Capital Formation for Russia measures the value of investments in fixed assets like machinery, equipment, and infrastructure, adjusted for inflation. It's a key indicator of a country's economic growth and capital investment.
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) represents a country's net investments in fixed assets like buildings, transportation, and industrial equipment over a given period. The real GFCF for Russia adjusts this measure for inflation to provide a more accurate picture of investment trends.
Methodology
The data is calculated by the World Bank based on national accounts statistics.
Historical Context
Policymakers and analysts use this metric to gauge the level of productive investment driving Russia's economic development.
Key Facts
- Russia's real GFCF peaked at $654 billion in 2013.
- GFCF accounted for over 21% of Russia's GDP in 2021.
- Investment in fixed assets is critical for long-term economic expansion.
FAQs
Q: What does this economic trend measure?
A: The Real Gross Fixed Capital Formation for Russia measures the value of investments in fixed assets like machinery, equipment, and infrastructure, adjusted for inflation.
Q: Why is this trend relevant for users or analysts?
A: This metric is a key indicator of a country's economic growth and capital investment, providing insights into Russia's productive capacity and development trajectory.
Q: How is this data collected or calculated?
A: The data is calculated by the World Bank based on national accounts statistics.
Q: How is this trend used in economic policy?
A: Policymakers and analysts use this metric to gauge the level of productive investment driving Russia's economic development and inform economic policies.
Q: Are there update delays or limitations?
A: The data is published with a delay, and there may be limitations in accurately capturing all investment activities in the Russian economy.
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Nominal Gross Capital Formation for Russia
NINSAXDCRUQ
Citation
U.S. Federal Reserve, Real Gross Fixed Capital Formation for Russia (NFIRNSAXDCRUQ), retrieved from FRED.