The Gross Domestic Product (GDP) in Russia expanded 0.60 percent in the fourth quarter of 2019 over the previous quarter.
GDP Growth Rate in Russia averaged 0.74 percent from 1995 until 2019, 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 2020. source: OECD
GDP Growth Rate in Russia is expected to be -9.50 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate GDP Growth Rate in Russia to stand at 0.30 in 12 months time. In the long-term, the Russia GDP Growth Rate is projected to trend around 0.70 percent in 2021 and 0.90 percent in 2022, according to our econometric models.