National Accounts: National Accounts Deflators: Gross Domestic Product: GDP Deflator for Russia
RUSGDPDEFQISMEI • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
145.58
Year-over-Year Change
20.16%
Date Range
1/1/2003 - 7/1/2021
Summary
The GDP Deflator for Russia is a key measure of inflation in the Russian economy. It tracks changes in the overall price level of all goods and services produced within 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
The GDP Deflator is a comprehensive price index that measures the changes in prices for all final goods and services that make up the Gross Domestic Product. It is a useful indicator of overall price changes and inflationary pressures in the Russian economy.
Methodology
The GDP Deflator is calculated by the International Monetary Fund (IMF) using data on nominal and real GDP.
Historical Context
The GDP Deflator is closely monitored by Russian policymakers, investors, and analysts to assess the health of the Russian economy.
Key Facts
- The GDP Deflator for Russia has a base year of 2015.
- Russia's GDP Deflator reached a high of 179.7 in 2015.
- The GDP Deflator is published quarterly by the IMF.
FAQs
Q: What does this economic trend measure?
A: The GDP Deflator for Russia measures changes in the overall price level of all goods and services produced within the Russian economy.
Q: Why is this trend relevant for users or analysts?
A: The GDP Deflator is a comprehensive measure of inflation and is closely watched by policymakers, investors, and analysts to assess the health of the Russian economy.
Q: How is this data collected or calculated?
A: The GDP Deflator is calculated by the International Monetary Fund (IMF) using data on nominal and real GDP.
Q: How is this trend used in economic policy?
A: The GDP Deflator is used by Russian policymakers to monitor inflationary pressures and guide monetary and fiscal policy decisions.
Q: Are there update delays or limitations?
A: The GDP Deflator for Russia is published quarterly by the IMF, with a delay of approximately two to three months.
Related Trends
Leading Indicators OECD: Component series: Share prices: Original series for the Russian Federation
RUSLOCOSPORIXNBM
Bank's Return on Assets for Russian Federation
DDEI05RUA156NWDB
Producer Prices Index: Type of Goods: Consumer Goods: Domestic for Russia
RUSPITGCG02GPM
Consumer Price Index: OECD Groups: Services: Total for Russia
RUSCPGRSE01GPM
Balance of Payments: Services: Revenue for Russia
RUSB6CRSE02STSAQ
Gross Domestic Product Per Capita for Russian Federation
PCAGDPRUA646NWDB
Citation
U.S. Federal Reserve, National Accounts: National Accounts Deflators: Gross Domestic Product: GDP Deflator for Russia (RUSGDPDEFQISMEI), retrieved from FRED.