Russia
Russia
After strong performance in previous years, Russia's economy is losing momentum significantly. Analysts expect only weak growth in 2026 as well.
Russia
As of January 25, the ten wealthiest Russian citizens are ranked between 82nd and 297th.
Russia
BOFIT Analysis of the Russian Economy: Why War-Driven Growth Is Coming to an End and Sanctions Are Increasingly Taking Effect.
Russia
International organizations are lowering their expectations for Russia's economy. Growth will remain near stagnation in 2025 and 2026.
Russia
High interest rates, sanctions, and low oil prices are weighing on Russia's economy. The World Bank and the UN expect only minimal growth in 2025.
Russia
In December 2025, the year-over-year price increase was expected to be just under 6 percent (December 2024: +9.5%).
Russia
However, overall economic output did not rise by 2.5 percent, as the government had originally planned.
Russia
The budget calls for a nominal increase in government spending of about 4% for the coming year.
Russia
While the Berlin-based DIW forecast a 1.5 percent increase in Russia’s GDP, the Munich-based ifo Institute predicted that the Russian economy would grow by only 0.4 percent in 2025.
Russia
On December 2, President Putin further revised downward this growth forecast at VTB Bank’s “Russia Calling!” economic forum.
Russia
Reports are mounting about preparations for negotiations to end the war in Ukraine. What impact would a ceasefire have on the Russian economy?
Russia
The VEB Institute estimates that overall economic output stagnated at a low level (0.0%) in the third quarter.
Russia
Since late September, the Russian government has also been factoring in economic growth of just 1 percent for 2025 in its budget planning.
Russia
On October 24, the central bank nevertheless lowered its high key interest rate by only 0.5 percentage points to 16.5 percent.
Russia
It no longer expects Russia to achieve real GDP growth of between 1.0% and 2.0% in 2025.