Russia's gross domestic product grew by 0.5 percent year-on-year in March of 2021, rebounding from a revised 2.5 percent contraction in the previous month. It was the first expansion since March last year, supported by manufacturing and related industries. source: Ministry of Economic Development
Leading Economic Index in Russia averaged 1.52 percent from 2005 until 2021, 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. Russia GDP YoY - data, historical chart, forecasts and calendar of releases - was last updated on May of 2021.
Leading Economic Index in Russia is expected to be 7.00 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 2.80 in 12 months time. In the long-term, the Russia GDP YoY is projected to trend around 3.00 percent in 2022 and 2.70 percent in 2023, according to our econometric models.