Russia GDP Growth Rate  1995-2017 | Data | Chart | Calendar | Forecast

The Gross Domestic Product (GDP) in Russia expanded 1.08 percent in the second quarter of 2017 over the previous quarter. GDP Growth Rate in Russia averaged 0.76 percent from 1995 until 2017, reaching an all time high of 4.10 percent in the first quarter of 1999 and a record low of -5.40 percent in the third quarter of 1998.

Russia GDP Growth Rate
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Russia GDP Last Previous Highest Lowest Unit
GDP Growth Rate 1.08 0.43 4.10 -5.40 percent [+]
GDP Annual Growth Rate 2.50 0.50 12.10 -11.20 percent [+]
GDP 1283.20 1365.90 2230.60 195.90 USD Billion [+]
GDP Constant Prices 20952.90 19555.20 23648.40 6567.40 RUB Billion [+]
Gross Fixed Capital Formation 4209.60 2996.40 4746.40 1709.70 RUB Billion [+]
GDP per capita 11099.20 11144.60 11615.70 5505.60 USD [+]
GDP per capita PPP 24026.00 24124.30 25144.10 11917.80 USD [+]
Gross National Product 65166840.30 59321789.00 65166840.30 2251977.50 RUB Million [+]
GDP From Agriculture 667.90 431.00 1564.90 141.40 RUB Billion [+]
GDP From Construction 1082.10 739.60 1646.20 216.40 RUB Billion [+]
GDP From Manufacturing 2600.30 2155.10 3078.90 1022.90 RUB Billion [+]
GDP From Mining 1870.60 1728.70 1932.70 693.30 RUB Billion [+]
GDP From Public Administration 1509.40 1519.20 1540.50 426.00 RUB Billion [+]
GDP From Transport 1285.30 1240.70 1314.80 584.60 RUB Billion [+]
GDP From Utilities 478.50 623.00 674.80 176.30 RUB Billion [+]


Russia GDP Growth Rate

Russia is the largest country in the world and the eleventh biggest economy. The Russian economy is commodity-driven. Russia is the world’s largest producer of oil (14 percent of world output), natural gas (18 percent) and nickel (12 percent). The energy sector is the most important, it contributes 20-25 percent of GDP, 65 percent of total exports and 30 percent of government budget revenue. After recovering from sharp contraction following 2009 financial crises, Russian economy is again under pressure due to western sanctions driven by military intervention in Ukraine in 2014 and low commodity prices. . This page provides the latest reported value for - Russia GDP Growth Rate - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news. Russia GDP Growth Rate - actual data, historical chart and calendar of releases - was last updated on October of 2017.

Actual Previous Highest Lowest Dates Unit Frequency
1.08 0.43 4.10 -5.40 1995 - 2017 percent Quarterly




gdp growth rate by Country

Last
Indonesia 4.00 Jun/17
United States 3.10 Jun/17
Turkey 2.10 Jun/17
China 1.70 Jun/17
Netherlands 1.50 Jun/17
India 1.40 Jun/17
Canada 1.10 Jun/17
Russia 1.08 Jun/17
Spain 0.90 Jun/17
Australia 0.80 Jun/17
Euro Area 0.60 Jun/17
Germany 0.60 Jun/17
Japan 0.60 Jun/17
Mexico 0.60 Jun/17
South Korea 0.60 Jun/17
France 0.50 Jun/17
Italy 0.40 Jun/17
Switzerland 0.30 Jun/17
United Kingdom 0.30 Jun/17
Brazil 0.20 Jun/17