Russia GDP Growth Rate  1995-2017 | Data | Chart | Calendar | Forecast

The Gross Domestic Product (GDP) in Russia contracted 0.57 percent in the third quarter of 2015 over the previous quarter. GDP Growth Rate in Russia averaged 0.77 percent from 1995 until 2015, reaching an all time high of 4.10 percent in the first quarter of 1999 and a record low of -5.40 percent in the third quarter of 1998.

Russia GDP Growth Rate
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Russia GDP Last Previous Highest Lowest Unit
GDP Growth Rate -0.57 -1.31 4.10 -5.40 percent [+]
GDP Annual Growth Rate -0.40 -0.60 12.10 -11.20 percent [+]
GDP 1331.20 2052.80 2231.80 195.90 USD Billion [+]
GDP Constant Prices 15754.50 14522.10 17171.10 6567.40 RUB Billion [+]
Gross Fixed Capital Formation 2684.40 2434.10 4746.40 1709.70 RUB Billion [+]
GDP per capita 11038.82 11490.87 11615.71 5505.63 USD [+]
GDP per capita PPP 23895.34 24873.89 25144.10 11917.85 USD [+]
Gross National Product 58745032.70 54103000.30 58745032.70 2251977.50 RUB Million [+]
GDP From Agriculture 1002.30 344.60 1002.30 141.40 RUB Billion [+]
GDP From Construction 965.00 783.00 1356.00 216.40 RUB Billion [+]
GDP From Manufacturing 1788.00 1780.10 2113.90 1022.90 RUB Billion [+]
GDP From Mining 1284.70 1215.60 1290.10 693.30 RUB Billion [+]
GDP From Public Administration 832.80 830.00 855.30 426.00 RUB Billion [+]
GDP From Transport 1106.00 1007.30 1131.80 584.60 RUB Billion [+]
GDP From Utilities 370.20 370.50 511.10 176.30 RUB Billion [+]



Russia GDP Growth Rate Notes

Russia is the largest country in the world and the eleventh biggest economy. The Russian economy is commodity-driven. Russia is the world’s largest producer of oil (14 percent of world output), natural gas (18 percent) and nickel (12 percent). 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. After recovering from sharp contraction following 2009 financial crises, Russian economy is again under pressure due to western sanctions driven by military intervention in Ukraine in 2014 and low commodity prices. This page provides the latest reported value for - Russia GDP Growth Rate - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news. Russia GDP Growth Rate - actual data, historical chart and calendar of releases - was last updated on February of 2017.

Actual Previous Highest Lowest Dates Unit Frequency
-0.57 -1.31 4.10 -5.40 1995 - 2015 percent Quarterly



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Dominican Republic -2.18 Sep/16
Turkey -2.70 Sep/16
Trinidad And Tobago -2.80 Jun/16