Population in Russia

Russia Population | Economic News & Forecasts

Russia - Population

GDP growth accelerated in the second quarter strengthened by pick-ups in the mining and manufacturing sectors. On top of this, the economy received a boost from hosting the World Cup, which began in June, and tourist-related industries. Incoming data for Q3 suggests that the recovery remained on an even footing. Retail sales growth gained steam and the unemployment rate fell in August; however, poor weather and a weak harvest likely dented the agricultural sector in August and September. In addition, tougher financial conditions are also preventing the economy from gaining more traction. Threats of additional sanctions from the West have weighed on Russian financial assets and two new bills are currently sitting in the U.S. Congress. However, it is uncertain when or if the bills will be passed as the looming U.S. midterm elections are delaying the timeline. Meanwhile, higher oil prices are continuing to act as a buffer against geopolitical tensions, and Russia and OPEC countries made no change to their production quotas in September.

Russia - Population Data

2013  2014  2015  2016  2017  
Population (million)144  144  144  144  144  

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Russia Facts

Bond Yield8.560.13 %Oct 16
Exchange Rate65.75-0.12 %Oct 16
Stock Market2,417-1.03 %Oct 16

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