The Russian GDP expanded by 1% in real terms from the previous year in the fourth quarter of 2025, picking up from the 0.8% expansion in the previous quarter, which was the slowest growth rate since 2023. The figure confirmed that Russia's economy significantly underperformed other emerging markets as the Kremlin's prolonged invasion of Ukraine allocated government spending in the military instead of investments that stimulate the economy. Low crude oil prices, softening natural gas exports due to European sanctions, muted trade with China due to their anti-involution campaign, and a strong ruble amid soaring interest rates by the Bank of Russia also pressured the Russian economy. source: Federal State Statistics Service

The Gross Domestic Product (GDP) in Russia expanded 1 percent in the fourth quarter of 2025 over the same quarter of the previous year. GDP Annual Growth Rate in Russia averaged 2.81 percent from 1996 until 2025, reaching an all time high of 12.10 percent in the fourth quarter of 1999 and a record low of -11.20 percent in the second quarter of 2009. This page provides the latest reported value for - Russia GDP Annual Growth Rate - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news. Russia GDP Annual Growth Rate - data, historical chart, forecasts and calendar of releases - was last updated on April of 2026.

The Gross Domestic Product (GDP) in Russia expanded 1 percent in the fourth quarter of 2025 over the same quarter of the previous year. GDP Annual Growth Rate in Russia is expected to be 1.00 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Russia GDP Annual Growth Rate is projected to trend around 1.90 percent in 2027 and 1.70 percent in 2028, according to our econometric models.



Calendar GMT Reference Actual Previous Consensus TEForecast
2025-12-12 04:00 PM
YoY Final
Q3 0.6% 1.1% 0.6% 0.6%
2026-04-10 04:00 PM
YoY
Q4 1.0% 0.8% 0.7%
2026-05-15 04:00 PM
YoY Prel
Q1 0.8%


Related Last Previous Unit Reference
Full Year GDP Growth 1.00 4.10 percent Dec 2025
GDP Growth Rate YoY 1.00 0.80 percent Dec 2025
GDP Constant Prices 36907.34 34845.80 RUB Billion Sep 2025
GDP from Agriculture 2233.70 957.00 RUB Billion Sep 2025
GDP from Construction 1655.00 1565.20 RUB Billion Sep 2025
GDP from Manufacturing 5152.30 4974.40 RUB Billion Sep 2025
GDP from Mining 3836.00 3845.60 RUB Billion Sep 2025
GDP from Public Administration 2795.40 2790.40 RUB Billion Sep 2025
GDP from Transport 1961.50 1982.80 RUB Billion Sep 2025
GDP from Utilities 579.00 635.30 RUB Billion Sep 2025
Gross Fixed Capital Formation 7836.20 7143.80 RUB Billion Sep 2025


Russia GDP Annual Growth Rate
Russia is one of the world's leading producers of oil and natural gas and is also a top exporter of metals such as steel and primary aluminum. On the production side, services are the biggest sector of the economy and account for 58 percent of GDP. Within services the most important segments are: wholesale and retail trade (17 percent of total GDP); and public administration, health and education (12 percent). Industry constitutes 40 percent to total output and agriculture accounts for the remaining 2 percent.
Actual Previous Highest Lowest Dates Unit Frequency
1.00 0.80 12.10 -11.20 1996 - 2025 percent Quarterly

News Stream
Russian GDP Expands 1% Annually in Q4
The Russian GDP expanded by 1% in real terms from the previous year in the fourth quarter of 2025, picking up from the 0.8% expansion in the previous quarter, which was the slowest growth rate since 2023. The figure confirmed that Russia's economy significantly underperformed other emerging markets as the Kremlin's prolonged invasion of Ukraine allocated government spending in the military instead of investments that stimulate the economy. Low crude oil prices, softening natural gas exports due to European sanctions, muted trade with China due to their anti-involution campaign, and a strong ruble amid soaring interest rates by the Bank of Russia also pressured the Russian economy.
2026-04-10
Russian GDP Growth Confirmed at 0.6%
Russia’s GDP grew 0.6% YoY in Q3 2025, the weakest pace since 2023, slowing from 1.1% in Q2, in line with preliminary estimates. The slowdown reflects the Kremlin’s focus on military spending amid the Ukraine war, rather than investments to stimulate the economy, combined with low oil prices, weaker natural gas exports due to European sanctions, muted trade with China, and a strong ruble supported by high Bank of Russia interest rates. Manufacturing growth eased to 1.4% from 3.8%, construction to 1.4% from 2.7%, and hotels & catering to 8.6% from 9.2%. Mining contracted -0.7% (vs -1.2%), water & waste activities -3.6% (vs -3.9%), wholesale & retail -1.1% (vs -2%), transportation -1.7% (vs 0.8%), and real estate -0.7% (vs -0.4%). Agriculture, forestry, hunting, fishing, and fish farming outperformed at 3% (vs 0.8%).
2025-12-12
Russian GDP Slows Further
The Russian GDP expanded by 0.6% in real terms from the previous year in the third quarter of 2025, slowing from the 1.1% expansion in the previous quarter to mark the slowest rate of growth since 2023. The figure was aligned with the IMF's projection that the Russian economy may grow around 0.6% this year, significantly underperforming other emerging markets as the Kremlin's prolonged invasion of Ukraine allocated government spending in the military instead of investments that stimulate the economy. Low crude oil prices, softening natural gas exports due to European sanctions, muted trade with China due to their anti-involution campaign, and a strong ruble amid soaring interest rates by the Bank of Russia also pressured the Russian economy.
2025-11-14