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Frequently Asked Questions

What is the real GDP of Russia?

The volume of GDP of Russia for 2019 year amounted to 110 trillion 046.1 billion rubles in current prices (previously it was reported about 109 trillion 361.5 billion rubles). The deflator index against the average annual prices of 2018 was 103.8%.

What is the GDP growth rate in Russia?

What is annual GDP growth rate in Russia? GDP Annual Growth Rate in Russia increased by 4.3 % in the third quarter of 2021. The maximum growth was 12.1 % and minimum was -11.2 %; Data published Quarterly by Federal State Statistics Service.

How good is the Russian economy?

Russia's economy was the eleventh largest in the world. 2  As of April 2020, its economy has shrunk -5.5% according to estimates by the International Monetary Fund. 3 . Russia's GDP per capita is $11,584. Its standard of living is better than Brazil and Turkey, but worse than Greece, Hungary, or Poland. 4 .

What is the growth rate in Russia?

Russia's gross domestic product contracted 0.8 percent on quarter in the three months to September 2021, according to OECD's latest data. 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.

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