Russia's gross domestic product grew by 2.5 percent from a year earlier in October 2018, following an expansion of 1.1 percent in the previous month and easily beating market expectations of 1.5 percent. Growth was mainly driven by higher output in agriculture and industrial sectors. Leading Economic Index in Russia averaged 1.96 percent from 2005 until 2018, 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 1.70 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 1.20 in 12 months time. In the long-term, the Russia GDP YoY is projected to trend around 1.60 percent in 2020, according to our econometric models.

Russia GDP YoY
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Calendar GMT Actual Previous Consensus TEForecast
2018-08-17 03:00 PM GDP YoY 1.8% 1.1% 1.9% 1.9%
2018-09-20 08:10 AM GDP YoY 1% 1.8% 1.6% 1.5%
2018-10-18 07:00 AM GDP YoY 1.1% 1.1% 1.2% 1.5%
2018-11-20 02:00 PM GDP YoY 2.5% 1.1% 1.5% 1.6%
2018-12-20 11:00 AM GDP YoY 2.5% 2% 2.1%
2019-01-18 11:00 AM GDP YoY
2019-03-14 01:00 PM GDP YoY 1.70%


Russia Business Last Previous Highest Lowest Unit
Business Confidence -6.00 -5.00 7.00 -20.00 Index Points [+]
Manufacturing PMI 52.60 51.30 54.70 47.60 [+]
Services PMI 55.60 56.90 58.40 41.30 Index Points [+]
Industrial Production 2.40 3.70 17.70 -16.90 percent [+]
Industrial Production Mom -0.20 5.80 24.40 -26.10 percent [+]
Manufacturing Production 0.00 2.70 27.10 -28.10 percent [+]
Capacity Utilization 64.00 65.00 66.00 38.00 percent [+]
Changes in Inventories 935.10 85.90 2129.00 -1206.50 RUB Billion [+]
Total Vehicle Sales 167494.00 160425.00 291020.00 39497.00 [+]
Car Production 121.60 106.90 187.00 18.20 Thousand Units [+]
Car Registrations 167494.00 160425.00 291020.00 39497.00 [+]
Leading Economic Index 2.50 1.10 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 6020.00 5910.00 6804.00 3130.00 Thousand Tonnes [+]
Mining Production 7.80 7.40 10.80 -7.70 percent [+]
Cement Production 6.38 6.47 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 55.00 55.80 58.30 44.70 [+]
Bankruptcies 3431.00 3111.00 3696.00 1103.00 Companies [+]
Corporate Profits 10151.70 8572.00 11285.10 -224.00 RUB Billion [+]
Corruption Index 29.00 29.00 29.00 21.00 Points [+]
Corruption Rank 135.00 131.00 154.00 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 December of 2018.

Actual Previous Highest Lowest Dates Unit Frequency
2.50 1.10 9.90 -11.80 2005 - 2018 percent Monthly




Country Last Previous
Argentina -4.50 Oct/18
Australia -0.10 Nov/18
Brazil 0.02 Oct/18
Canada -0.10 Sep/18
Japan 100.50 Oct/18
Mexico 2.10 Sep/18
Russia 2.50 Oct/18
Singapore 112.00 Sep/18
South Africa -0.20 Sep/18
South Korea 113.40 Oct/18
Turkey 0.33 Oct/18
United Kingdom 0.40 Oct/18
United States 124.54 Oct/18


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