Russia's gross domestic product grew by 2.4 percent year-on-year in December 2019, accelerating from an upwardly revised 1.9 percent expansion in the previous month, boosted by industrial production (2.1 percent vs 0.3 percent in November). Meanwhile, both retail sales (1.9 percent vs 2.3 percent) and construction output (0.4 percent vs 0.3 percent) slowed. Russia GDP YoY - data, historical chart, and calendar of releases - was last updated on February of 2020 from its official source.
Leading Economic Index in Russia averaged 1.92 percent from 2005 until 2019, 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. 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. source: Ministry of Economic Development
Leading Economic Index in Russia is expected to be 1.60 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 2.00 in 12 months time. In the long-term, the Russia GDP YoY is projected to trend around 2.30 percent in 2021, according to our econometric models.