Russia's gross domestic product expanded 1.6 percent year-on-year in August 2019, easing from a revised 1.8 percent growth in the previous month, mainly due to a slowdown in retail trade (0.8 percent vs 1.1 percent) and agriculture (2.8 percent vs 5.9 percent). In addition, freight turnover continued to contract (-0.7 percent vs -1.1 percent). Meanwhile, output rose faster for industrial production (2.9 percent vs 2.8 percent) and construction (0.3 percent vs 0.2 percent). Leading Economic Index in Russia averaged 1.91 percent from 2005 until 2019, reaching an all time high of 9.90 percent in February of 2008 and a record low of -11.80 percent in May of 2009.

Leading Economic Index in Russia is expected to be 1.60 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Leading Economic Index in Russia to stand at 1.80 in 12 months time. In the long-term, the Russia GDP YoY is projected to trend around 2.30 percent in 2020, according to our econometric models.

Russia GDP YoY
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Calendar GMT Actual Previous Consensus TEForecast
2019-06-21 02:00 PM GDP YoY May 0.2% 1.7% 1.1%
2019-07-18 07:00 AM GDP YoY Jun 0.7% 0.1% 1.5%
2019-08-19 01:20 PM GDP YoY Jul 1.7% 0.8% 1.1%
2019-09-19 10:15 AM GDP YoY Aug 1.6% 1.8% 1.4%
2019-10-17 02:00 PM GDP YoY Sep 1.6% 1.6%
2019-11-20 02:00 PM GDP YoY Oct
2019-12-18 02:00 PM GDP YoY Nov


Russia Business Last Previous Highest Lowest Unit
Business Confidence -2.00 -1.00 7.00 -20.00 Index Points [+]
Manufacturing PMI 49.10 49.30 54.70 47.60 [+]
Services PMI 52.10 50.40 58.40 41.30 Index Points [+]
Industrial Production 2.90 2.80 17.70 -16.90 percent [+]
Industrial Production Mom 2.50 -0.70 24.40 -26.10 percent [+]
Manufacturing Production 2.70 2.80 27.10 -28.10 percent [+]
Capacity Utilization 64.00 64.00 66.00 38.00 percent [+]
Changes in Inventories 144.30 -586.50 2009.30 -1157.20 RUB Billion [+]
Total Vehicle Sales 145545.00 139968.00 291020.00 39497.00 [+]
Car Production 110.20 138.00 187.00 18.20 Thousand Units [+]
Car Registrations 145545.00 139968.00 291020.00 39497.00 [+]
Leading Economic Index 1.60 1.80 9.90 -11.80 percent [+]
Internet Speed 11846.17 11607.38 12288.46 1909.63 KBps [+]
IP Addresses 19163474.00 19200437.00 19200437.00 2137082.00 IP [+]
Steel Production 6200.00 5875.00 6804.00 3130.00 Thousand Tonnes [+]
Mining Production 3.10 3.00 10.80 -7.70 percent [+]
Cement Production 6.59 6.43 7.70 1.60 Millions of Tonnes [+]
Competitiveness Index 65.62 63.97 65.62 4.13 Points [+]
Competitiveness Rank 43.00 45.00 67.00 43.00 [+]
Composite Pmi 51.50 50.20 58.30 44.70 [+]
Bankruptcies 3088.00 2937.00 3697.00 1103.00 Companies [+]
Corporate Profits 8040.50 6743.00 13797.20 -224.00 RUB Billion [+]
Corruption Index 28.00 29.00 29.00 21.00 Points [+]
Corruption Rank 138.00 135.00 154.00 47.00 [+]
Ease of Doing Business 31.00 35.00 124.00 31.00 [+]


Russia GDP YoY

GDP YoY measures the change in the value of the goods and services produced by the country economy compared to the corresponding month in the previous year. 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 - actual data, historical chart and calendar of releases - was last updated on September of 2019.

Actual Previous Highest Lowest Dates Unit Frequency
1.60 1.80 9.90 -11.80 2005 - 2019 percent Monthly




Country Last Previous
Argentina -0.80 Jul/19
Australia -0.30 Aug/19
Brazil -0.16 Jul/19
Canada 0.20 Jun/19
Japan 93.60 Jul/19
Mexico -0.90 Jun/19
Russia 1.60 Aug/19
Singapore 108.10 Jun/19
South Africa -0.40 Jun/19
South Korea 114.50 Jul/19
Turkey 2.19 Jul/19
United Kingdom 0.00 Jul/19
United States 128.31 Jul/19


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