Russia's gross domestic product contracted 0.8 percent on quarter in the three months to September 2021, according to OECD's latest data. source: OECD
GDP Growth Rate in Russia averaged 0.70 percent from 1995 until 2021, 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. 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 - values, historical data and charts - was last updated on July of 2022.
GDP Growth Rate in Russia is expected to be -4.00 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Russia GDP Growth Rate is projected to trend around 1.00 percent in 2023 and 0.00 percent in 2024, according to our econometric models.