Russia's gross domestic product advanced by 4.7 percent year-on-year in July of 2021, following an upwardly revised 8.9 percent rise in the previous month. It was the fifth consecutive month of economic expansion, although the softest since March. Considering the first seven months of the year, the economy rose 4.8 percent. source: Ministry of Economic Development
Leading Economic Index in Russia averaged 1.69 percent from 2005 until 2021, reaching an all time high of 11.10 percent in May of 2021 and a record low of -11.80 percent in May of 2009. This page provides the latest reported value for - Russia GDP YoY - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news. Russia GDP YoY - data, historical chart, forecasts and calendar of releases - was last updated on September of 2021.
Leading Economic Index in Russia is expected to be 5.50 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Russia GDP YoY is projected to trend around 3.00 percent in 2022 and 2.70 percent in 2023, according to our econometric models.