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Russia's real GDP was forecast to fall by less than one percent in 2023. In 2022, the economy shrank by over two percent, largely impacted by the invasion of Ukraine and subsequent Western sanctions on Russia. The coronavirus (COVID-19) pandemic negatively affected the indicator in 2020, leading to its decline by 2.7 percent in that year.
Year-over-year real gross domestic product (GDP) growth rate in Russia from 2019 to 2025
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Other statistics that may interest you Economy of Russia
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Government finances
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Employment & wages
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Inflation and CPI
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- Basic Statistic Inflation rate in Russia 2029
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Income & expenditure
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- Premium Statistic Average monthly income per capita in Russia 1995-2021
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Industrial production
5
- Premium Statistic Russia: industrial production index 2014-2022
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Business enterprise
6
- Premium Statistic Number of newly registered businesses in Russia 2014-2029
- Basic Statistic Legal entity count in Russia 2015-2023
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- Basic Statistic Individual entrepreneur count in Russia 2015-2023
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Foreign trade
5
- Premium Statistic External merchandise trade value in Russia 2012-2022
- Premium Statistic Leading export partners of Russia 2022, by value
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Further indicators
6
- Premium Statistic Gross national income (GNI) in Russia 2013-2022
- Premium Statistic Value of foreign direct investment inflows in Russia 2010-2021
- Basic Statistic Labor productivity index in Russia 2022, by industry
- Premium Statistic Consumer Confidence Index (CCI) in Russia monthly 2014-2023
- Premium Statistic Human development index of Russia 1990-2021
- Basic Statistic U.S. dollar & euro to Russian ruble exchange rate monthly 2008-2023
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World Bank. (April 6, 2023). Year-over-year real gross domestic product (GDP) growth rate in Russia from 2019 to 2025 [Graph]. In Statista. Retrieved May 09, 2024, from https://www.statista.com/statistics/1102674/coronavirus-effect-on-russian-gdp-growth-by-scenario/
World Bank. "Year-over-year real gross domestic product (GDP) growth rate in Russia from 2019 to 2025." Chart. April 6, 2023. Statista. Accessed May 09, 2024. https://www.statista.com/statistics/1102674/coronavirus-effect-on-russian-gdp-growth-by-scenario/
World Bank. (2023). Year-over-year real gross domestic product (GDP) growth rate in Russia from 2019 to 2025. Statista. Statista Inc.. Accessed: May 09, 2024. https://www.statista.com/statistics/1102674/coronavirus-effect-on-russian-gdp-growth-by-scenario/
World Bank. "Year-over-year Real Gross Domestic Product (Gdp) Growth Rate in Russia from 2019 to 2025." Statista, Statista Inc., 6 Apr 2023, https://www.statista.com/statistics/1102674/coronavirus-effect-on-russian-gdp-growth-by-scenario/
World Bank, Year-over-year real gross domestic product (GDP) growth rate in Russia from 2019 to 2025 Statista, https://www.statista.com/statistics/1102674/coronavirus-effect-on-russian-gdp-growth-by-scenario/ (last visited May 09, 2024)
Year-over-year real gross domestic product (GDP) growth rate in Russia from 2019 to 2025 [Graph], World Bank, April 6, 2023. [Online]. Available: https://www.statista.com/statistics/1102674/coronavirus-effect-on-russian-gdp-growth-by-scenario/