News

Russia Stays In Recession in Q3
The Russian economy shrank for the fifth consecutive period by 0.57 percent on quarter in the three months to September of 2015, following an upwardly revised 1.3 percent drop in the previous period.
Published on 2015-12-10

Russia Falls Deep into Recession
The Russian economy shrank 2 percent on quarter in the three months to June of 2015, the worst performance since the 2009 crisis.
Published on 2015-09-08

Russian Economy Contracts 1.3% QoQ in Q1
The Russian GDP shrank 1.29 percent on quarter in the first three months of 2015. The economy contracted for the third straight quarter, revised data from the statistical office showed.
Published on 2015-06-15

Russian Economy Stalls for 2nd Straight Quarter
The Russian GPD stagnated for the second consecutive quarter in the last three months of 2014 as a rebound in manufacturing was not enough to offset a drop in mining and construction.
Published on 2015-04-09

Russian Economy Stalls in Q3
The Russian GPD posted zero growth in the three months to September, following a revised 0.14 percent expansion in the previous period, as a rise in internal trade and real estate activities was not enough to offset a drop in manufacturing.
Published on 2014-12-12

Russian Economy Advances 0.25% in Q2
Russian GDP advanced 0.25 percent on quarter in the April to June period. Growth figures for the first three months of 2014 were revised to show the economy stalled instead of a previously reported 0.3 percent contraction.
Published on 2014-09-29

Russian GDP Contracts 0.3% QoQ in Q1
The Russian economy shrank 0.3 percent quarter-on-quarter in the first three months of 2014, following a revised 0.3 percent expansion in the previous two quarters. It is the first contraction in five quarters, as production in nearly all main sectors of the economy decreased.
Published on 2014-07-03

Russian Economy Accelerates in Q4
In the fourth quarter of 2013, Russian GDP advanced a seasonally adjusted 0.9 percent over the previous quarter. Considering full 2013, the economy expanded 1.3 percent.
Published on 2014-04-07

Russian Economy Continues To Contract in Q2
In the second quarter of 2013, Russian GDP shrank by a seasonally adjusted 0.26 percent over the previous quarter, after contracting by 0.25 percent in the first three months of 2013. The rebound in mining was not enough to offset the drop in manufacturing.
Published on 2013-10-01

Russian Economy Contracts 0.1% QoQ in Q1
In Q1 of 2013, seasonally adjusted Russian GDP fell 0.1 percent quarter-on-quarter, down from an expansion of 0.6 percent in Q4 of 2012. This contraction reflects a sharp drop in investment and a deterioration in external trade.
Published on 2013-07-01

Russia Economic Growth Slows Down in Q4
Russia's gross domestic product expanded 1.8 percent on the quarter, down from 2.7 percent for the same period of 2011. Year-on-year, GDP rose 2.1 percent, slowing from an upwardly revised 3 percent in the third quarter, according to the Federal Statistics Service.
Published on 2013-04-02

Russa's GDP Growth Slows Down in Q3
Russia's gross domestic product growth slowed to 2.9% on year compared with a 5% growth seen in the same period a year ago. Quarter-on-quarter, GDP grew 0.6 in the three months from July to end-September, down from 1.8% for the same period of 2011.
Published on 2012-12-11

Russian GDP Up 4.8% in Q3
Russia's GDP grew 4.8 percent in the third quarter this year, the state statistics agency Rosstat said on November 14th.
Published on 2011-11-17

Russian Economic Growth Slows
Russia's gross domestic product (GDP) has grown 4.1 percent year-on-year in the first quarter of 2011, the Federal Statistics Service (Rosstat) said on May 16.
Published on 2011-05-16

Russia Q3 GDP Growth Pace Lags Other Emerging Economies
Russia's gross domestic product (GDP) growth slowed to 2.7% in the third quarter, setting the country further apart from other major emerging economies.
Published on 2010-11-13

Russia's Economy Remains Vulnerable
Highly dependent on oil prices, Russia was extremely vulnerable during the recent global economic downturn.  In fact, the Russian Federation went through its worst recession in 15 years, shrinking almost 8% in 2009. Yet, the recent surge in energy price, various stimulus programs and low interest rates made Russia grew 2.9% in the first quarter of 2010. But will Russia be able to sustain this expansion in the long run?
Published on 2010-05-15

Russia Suffered Record Contraction in 2009
Russia’s economy shrank the most on record in 2009 after the price of oil slumped 77 percent from peak to trough and left businesses to start the year trying to adjust to smaller profits as banks cut off credit.
Published on 2010-02-01

Russian Economic Decline Eased Last Quarter
Russia’s economic decline eased last quarter from a record slump in the previous three months as oil, gas and metals prices rebounded and stimulus measures helped offset the impact of the global recession.
Published on 2009-11-12

Russian Economy Exited Recession in Q3
Russia emerged from recession last quarter, after the world’s largest energy exporter benefited from a resurgence in commodity demand that helped lift industrial output.
Published on 2009-10-20

Russia GDP Shrank 10.9% in Q2
Russia’s economy contracted the most on record last quarter as rising unemployment sapped consumer demand, bank lending stalled and the government failed to approve a stimulus package until just two months ago.
Published on 2009-08-11

Russian Government Is Not Without blame for the Recession
The Russian economy contracted by 9.8% yoy in the first three months of 2009, after a 1.2% GDP yoy growth in the last quarter of 2008. And although in May the pace of decline seemed to be slowing down, at Trading Economics we don’t expect Russia’s GDP to be back into positive territory any time soon.
Published on 2009-06-17

Russian GDP Shrank 9.8% in Q1
Russia’s economy contracted the most in 15 years in the first quarter after industrial production plunged and the government’s 3 trillion rubles ($97 billion) in stimulus spending failed to boost companies and banks.
Published on 2009-06-11

Russian Government Is Not Without blame for the Recession
The Russian economy contracted by 9.5% yoy in the first three months of 2009, after a 1.2% GDP yoy growth in the last quarter of 2008. What is behind this unprecedented drop? Could Russia have been better prepared for the downturn?
Published on 2009-05-18

Russian Economy Contracted 23% in First Quarter
Russia’s economic output plummeted 23 percent in the first quarter from the previous three months as industrial production plunged and the government’s 3 trillion- ruble ($93.5 billion) stimulus package failed to boost lending.
Published on 2009-05-15

Russian Government Policy May Not be Right
The global financial crisis has triggered a sudden drop in commodity prices and the once "untouched" Russian economy is now in the brink of a severe recession. Could Russia have been better prepared for the downturn? If yes, what measures could have been taken to soften the economic deterioration?
Published on 2009-02-11

Is Russia on the Brink of Collapse?
Not a long time ago, with flowing foreign investments and rising oil prices, Russia’s economic growth outlook was startling. Yet, it didn't last that long. The global economic crisis which leads to a sharp drop in commodity prices is now endangering Russia’s ambition to become an economic power.
Published on 2008-11-29

Russia GDP Growth at 8.5% in Q1
Russia's economy expanded an annual 8.5 percent in the first quarter, higher than previously estimated, as consumer demand fueled a continuing investment boom.
Published on 2008-08-25