Money and quasi money growth (annual %) in Russia

The Money and quasi money growth (annual %) in Russia was last reported at 24.59 in 2010, according to a World Bank report released in 2011. The Money and quasi money growth (annual %) in Russia was 17.32 in 2009, according to a World Bank report, published in 2010. The Money and quasi money growth (annual %) in Russia was reported at 14.33 in 2008, according to the World Bank. Average annual growth rate in money and quasi money. Money and quasi money comprise the sum of currency outside banks, demand deposits other than those of the central government, and the time, savings, and foreign currency deposits of resident sectors other than the central government. This definition is frequently called M2; it corresponds to lines 34 and 35 in the International Monetary Fund's (IMF) International Financial Statistics (IFS). The change in the money supply is measured as the difference in end-of-year totals relative to the level of M2 in the preceding year.This page includes a historical data chart, news and forecasts for Money and quasi money growth (annual %) in Russia. The Russian economy is commodity-driven. Payments from the fuel and energy sector in the form of customs duties and taxes accounted for nearly half of the federal budget's revenues. However, during the past decade, poverty and unemployment declined steadily and the middle class continued to expand.

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