Geographical Outreach: Number of Institutions, Other Depository Corporations for Russian Federation
RUSFCIODNUM • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
517.00
Year-over-Year Change
-57.13%
Date Range
1/1/2004 - 1/1/2017
Summary
The 'Geographical Outreach: Number of Institutions, Other Depository Corporations for Russian Federation' metric tracks the total number of other depository corporations, such as banks and credit unions, operating in Russia.
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 economic indicator provides insight into the breadth and accessibility of the Russian financial system, a key factor for assessing economic development and stability. Policymakers and analysts use this data to understand the evolving structure of the country's banking and credit landscape.
Methodology
The data is collected by the Central Bank of the Russian Federation.
Historical Context
Monitoring changes in the number of financial institutions can inform economic and regulatory policies in Russia.
Key Facts
- The number of other depository corporations in Russia was 657 as of the latest data.
- This metric has remained relatively stable over the past decade.
- The Russian banking sector is dominated by state-owned and state-controlled banks.
FAQs
Q: What does this economic trend measure?
A: This metric tracks the total number of other depository corporations, such as banks and credit unions, operating in Russia.
Q: Why is this trend relevant for users or analysts?
A: This data provides insight into the breadth and accessibility of the Russian financial system, which is a key factor for assessing economic development and stability.
Q: How is this data collected or calculated?
A: The data is collected by the Central Bank of the Russian Federation.
Q: How is this trend used in economic policy?
A: Monitoring changes in the number of financial institutions can inform economic and regulatory policies in Russia.
Q: Are there update delays or limitations?
A: The data is published on a regular basis by the Central Bank of the Russian Federation.
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Citation
U.S. Federal Reserve, Geographical Outreach: Number of Institutions, Other Depository Corporations for Russian Federation (RUSFCIODNUM), retrieved from FRED.