Russia's gross domestic product rose 5.2 percent year-on-year in October of 2021, accelerating easing from a downwardly revised 4.8 percent rise in the previous month. It was the highest GDP growth since July, as output grew at a higher pace for agriculture (12.9 percent vs 5.5 percent) and construction (6.9 percent vs 0.0 percent). Meanwhile, output eased for retail (3.1 percent vs 4.3 percent), services (14.9 percent vs 15.1 percent), and catering (10.6 percent vs 12.8 percent). Considering the first eleven months of the year, the economy advanced 4.7 percent. source: Ministry of Economic Development

Monthly GDP YoY in Russia averaged 1.76 percent from 2005 until 2021, reaching an all time high of 11.60 percent in May of 2021 and a record low of -11.80 percent in May of 2009. This page includes a chart with historical data for Russia Monthly GDP YoY. Russia Monthly GDP YoY - data, historical chart, forecasts and calendar of releases - was last updated on January of 2022.

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Russia Monthly GDP YoY


Russia Monthly GDP YoY
In Russia, Monthly GDP YoY measures the change in the value of the goods and services produced by the country's economy compared to the corresponding month in the previous year.
Actual Previous Highest Lowest Dates Unit Frequency
5.20 4.80 11.60 -11.80 2005 - 2021 percent Monthly

Calendar GMT Actual Previous Consensus TEForecast
2021-12-01 09:00 PM Oct 4.9% 3.7% 3.6%
2021-12-29 07:45 PM Nov 5.2% 4.8%
2022-02-09 06:00 PM Dec


News Stream
Russia GDP Growth at 5-Month High in November
Russia's gross domestic product rose 5.2 percent year-on-year in October of 2021, accelerating easing from a downwardly revised 4.8 percent rise in the previous month. It was the highest GDP growth since July, as output grew at a higher pace for agriculture (12.9 percent vs 5.5 percent) and construction (6.9 percent vs 0.0 percent). Meanwhile, output eased for retail (3.1 percent vs 4.3 percent), services (14.9 percent vs 15.1 percent), and catering (10.6 percent vs 12.8 percent). Considering the first eleven months of the year, the economy advanced 4.7 percent.
2021-12-29
Russia GDP Growth Slows to 6-Month Low in September
Russia's gross domestic product rose 3.4 percent year-on-year in September of 2021, easing from a 3.7 percent rise in the previous month. It was the lowest GDP growth since March, as output eased for construction (0.1 percent vs 6.2 percent). Meanwhile, industrial production (6.8 percent vs 4.6 percent) and retail sales (5.6 percent vs 5.3 percent) rose faster. Considering the first nine months of the year, the economy advanced 4.6 percent and was up 4 percent year on year in the third quarter alone, the economy ministry said.
2021-10-29
Russia GDP Growth Slows in August
Russia's gross domestic product rose 3.7 percent year-on-year in August of 2021, following an upwardly revised 4.9 percent rise in the previous month. It was the sixth consecutive month of economic expansion. Output eased for construction (6.2 percent vs 9.3 percent) and industrial production (4.7 percent vs 7.2 percent) but rose faster for retail sales (5.3 percent vs 5.1 percent).
2021-10-01