Please check your download folder. 1995-2020 Data | 2021-2022 Forecast | Historical | Chart.
The Russian economy is commodity-driven. Annual percentage growth rate of GDP at market prices based on constant local currency. Trading Economics members can view, download and compare data from nearly 200 countries, including more than 20 million economic indicators, exchange rates, government bond yields, stock indexes and commodity prices. The energy sector is the most important, it contributes 20-25 percent of GDP, 65 percent of total exports and 30 percent of government budget revenue. Download historical data for 20 million indicators using your browser. GDP is the sum of gross value added by all resident producers in the economy plus any product taxes and minus any subsidies not included in the value of the products. The Russian economy can grow by 4-5% quarterly, according to the trends bulletin prepared by the research and forecasting department of the Bank of Russia.
It is calculated without making deductions for depreciation of fabricated assets or for depletion and degradation of natural resources. GDP Growth Rate in Russia is expected to be 3.50 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Russia Corporate Profits Fall 38.1% in Jan-Aug, Russia Retail Sales Fall More than Expected, Russia Jobless Rate Unexpectedly Falls to 6.3%, Russia Industrial Output Falls Less than Expected, Russia Trade Surplus Narrows More than Extected in August, European Stocks Post Worst Week Since March, French Shares Book Worst Month since March, Dow and S&P on Track for 2nd Month of Losses, Colombia Jobless Rate Jumps to 15.8% in September, Colombia Exports Continue to Drop in September, Canada Government Budget Deficit Widens Sharply in August. Russia is the world’s largest producer of oil (14 percent of world output), natural gas (18 percent) and nickel (12 percent). Growth was mainly supported by financial and insurance activities (9.8 percent); wholesale and retail trade; repair of motor vehicles and motorcycles (4.9 percent) and manufacturing (3.6 percent); agriculture (2.3 percent).
Within services the most important segments are: wholesale and retail trade (17 percent of total GDP); and public administration, health and education (12 percent). GDP Annual Growth Rate in Russia is expected to be -4.00 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Russia’s GDP growth can be 4-5% in Q3 2020 – Central Bank.
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