Use of Financial Services, Liabilities: Outstanding Deposits at Insurance Corporations for Russian Federation
RUSFCLOFIXDC • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
3,974,651,234,083.22
Year-over-Year Change
540.76%
Date Range
1/1/2005 - 1/1/2024
Summary
This economic trend measures the outstanding deposits held by insurance corporations in the Russian Federation. It provides insights into the utilization of financial services and the overall liquidity of the insurance sector.
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
The Outstanding Deposits at Insurance Corporations for the Russian Federation trend represents the total value of deposits held by insurance companies operating in the Russian market. This metric is a key indicator of the financial health and intermediation capacity of the insurance industry.
Methodology
The data is collected directly from insurance corporations and aggregated by the Central Bank of the Russian Federation.
Historical Context
Policymakers and market analysts use this trend to assess the financial stability and intermediation role of the insurance sector.
Key Facts
- Insurance deposits in Russia totaled $XX.XX billion as of the latest data.
- Deposits at insurance companies have grown by X% over the past year.
- The insurance sector holds approximately X% of total financial system deposits in Russia.
FAQs
Q: What does this economic trend measure?
A: This trend measures the outstanding value of deposits held by insurance corporations operating in the Russian Federation.
Q: Why is this trend relevant for users or analysts?
A: This metric provides insights into the financial health and intermediation capacity of the Russian insurance industry, which is a key component of the broader financial system.
Q: How is this data collected or calculated?
A: The data is collected directly from insurance corporations and aggregated by the Central Bank of the Russian Federation.
Q: How is this trend used in economic policy?
A: Policymakers and market analysts use this trend to assess the financial stability and intermediation role of the insurance sector, which has implications for broader financial system stability.
Q: Are there update delays or limitations?
A: The data is published with a lag of X months, and may be subject to periodic revisions by the Central Bank.
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Citation
U.S. Federal Reserve, Use of Financial Services, Liabilities: Outstanding Deposits at Insurance Corporations for Russian Federation (RUSFCLOFIXDC), retrieved from FRED.