The nominal GDP of the Russian Federation in 2024, according to Rosstat's first estimate, reached 200.04 trillion rubles, an increase of 4.1% compared to 2023. The deflator index was 108.9%. This is ...

Russian GDP per capita of $14,000 is less than a third of the UK’s and about a quarter of Germany’s. In fact, few European countries are poorer than Russia – Serbia, Albania, and North ...

Various Russian government agencies are forecasting on-year GDP declines this year to be in the range of about 8% to more than 10%, Kudrin added, per Interfax. The country has only posted double ...

It is estimated that in 2022, Russia’s gross domestic product (GDP) dropped by 2.1%. Russia’s economy may continue to shrink in 2023. Its GDP is forecast to decline by 2.5% in the worst-case scenario ...

The decline in Russia ... GDP forecast for 2023 in February "taking into account the factors that have happened." Earlier on Friday, the Bank of Russia once again decided to keep the key rate at 7 ...

It said Russia's GDP equalled 201.2 trillion roubles ($2.41 trillion) in 2024. The agency said one factor behind the revision was higher growth in the construction industry, the estimate for which ...

"Overall our GDP dynamics forecast for the next three years is quite cautious. We project that growth will equal 1.2% per annum. Meanwhile, inflation will slow down and reach the Bank of Russia ...