Full Year GDP Growth in Russia increased to 5.60 percent in 2021 from -2.70 percent in 2020. source: Federal State Statistics Service

Full Year GDP Growth in Russia averaged 1.35 percent from 2012 until 2021, reaching an all time high of 4.70 percent in 2021 and a record low of -2.70 percent in 2020. This page includes a chart with historical data for Russia Full Year Gdp Growth. Russia Full Year GDP Growth - values, historical data and charts - was last updated on February of 2023.

Full Year GDP Growth in Russia is expected to reach 0.10 percent by the end of 2023, according to Trading Economics global macro models and analysts expectations. In the long-term, the Russia Full Year GDP Growth is projected to trend around 1.80 percent in 2024 and 1.10 percent in 2025, according to our econometric models.

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Russia Full Year GDP Growth



Calendar GMT Actual Previous Consensus TEForecast
2021-02-01 04:00 PM 2020 -3.1% 2%
2022-02-18 04:00 PM 2021 4.7% -2.7% 4.6%
2023-02-17 04:00 PM 2022 4.7% -2.5%


Related Last Previous Unit Reference
GDP Growth Rate -0.80 3.20 percent Sep 2021
GDP Annual Growth Rate -3.70 -4.10 percent Sep 2022
GDP 1775.80 1488.32 USD Billion Dec 2021

Russia Full Year GDP Growth
Russia is one of the world's leading producers of oil and natural gas and is also a top exporter of metals such as steel and primary aluminum. On the production side, services are the biggest sector of the economy and account for 58 percent of GDP. Within services the most important segments are: wholesale and retail trade (17 percent of total GDP); and public administration, health and education (12 percent). Industry constitutes 40 percent to total output and agriculture accounts for the remaining 2 percent.
Actual Previous Highest Lowest Dates Unit Frequency
4.70 -2.70 4.70 -2.70 2012 - 2021 percent Yearly
Constant Prices 2016, NSA