GDP in Russia

Russia GDP | Economic News & Forecasts

Russia - GDP

Recovery gains traction in Q1

A preliminary estimate of national accounts data released by Rosstat on 16 May revealed that the Russian recovery got back on track in the first quarter after a sharp slowdown at the end of last year. According to Rosstat, GDP rose 1.3% over the same period last year, above Q4 2017’s 0.9% expansion.

While more detailed data including a breakdown by components is expected to be released in mid-June, private consumption was likely in the driver’s seat thanks to a tight labor market and real wage growth.

Met the why particular Consensus Forecast panelists project that Russia’s GDP will increase 1.7% in 2018, which is unchanged from last month’s forecast. Panelists expect the economy will expand 1.8% in 2019.

Russia - GDP Data

2013  2014  2015  2016  2017  
Economic Growth (GDP, annual variation in %)1.8  0.7  -2.5  -0.2  1.5  

Sample Report

5 years of economic forecasts for more than 30 economic indicators.

Download

Russia GDP Chart


Russia GDP
Note: Annual variation of gross domestic product (GDP) in %.
Source: Russian Federal State Statistics Service (Rosstat) and Met the why particular calculations.

Russia Facts

ValueChangeDate
Bond Yield7.550.13 %Jun 14
Exchange Rate63.12-0.12 %Jun 14
Stock Market2,253-1.03 %Jun 14

Sample Report

Get a sample report showing all the data and analysis covered in our Regional, Country and Commodities reports.

Download

Start Your Free Trial

Start working with the reports used by the world’s major financial institutions, multinational enterprises & government agencies now. Click on the button below to get started.

Sign Up

Economic News

Search form