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
The source specified the following information: "Starting in 2022, Russia limited publication of economic data, notably related to external trade, financial and monetary sectors, and this limits our ability to assess the quality of the published data."
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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 July 22, 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 July 22, 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: July 22, 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 July 22, 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/
