Leading Indicators OECD: Reference series: Gross Domestic Product (GDP): Normalised for the Russian Federation
RUSLORSGPNOSTSAM • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
100.37
Year-over-Year Change
1.68%
Date Range
2/1/1995 - 8/1/2021
Summary
The OECD Leading Indicators Reference series: Gross Domestic Product (GDP) for the Russian Federation measures the overall economic activity and growth trends in the country.
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 OECD composite leading indicator provides an early signal of turning points in the business cycle for Russia. It is a key economic indicator used by policymakers and analysts to assess the state of the Russian economy.
Methodology
The data is calculated by the OECD using a proprietary methodology.
Historical Context
This trend is closely monitored for insights into Russia's macroeconomic performance and policy decisions.
Key Facts
- The series is normalized to 100 for the base year.
- It signals turning points in the Russian business cycle.
- The OECD Leading Indicators are a widely used economic forecasting tool.
FAQs
Q: What does this economic trend measure?
A: This OECD composite leading indicator measures the overall economic activity and growth trends in the Russian Federation.
Q: Why is this trend relevant for users or analysts?
A: This trend provides an early signal of turning points in the Russian business cycle, making it a key indicator used by policymakers and economists to assess the state of the Russian economy.
Q: How is this data collected or calculated?
A: The data is calculated by the OECD using a proprietary methodology.
Q: How is this trend used in economic policy?
A: This trend is closely monitored for insights into Russia's macroeconomic performance and policy decisions.
Q: Are there update delays or limitations?
A: The data is published with a delay, and may be subject to revisions by the OECD.
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Citation
U.S. Federal Reserve, Leading Indicators OECD: Reference series: Gross Domestic Product (GDP): Normalised for the Russian Federation (RUSLORSGPNOSTSAM), retrieved from FRED.