Russia's gross domestic product contracted 0.8 percent on quarter in the three months to September 2021, according to OECD's latest data. GDP Growth Rate in Russia averaged 0.70 percent from 1995 until 2021, 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. source: OECD

Related Last Previous Unit Reference
Full Year GDP Growth 3.60 -1.20 percent Dec 2023
GDP 2240.42 1836.89 USD Billion Dec 2022
GDP Growth Rate YoY 4.90 5.50 percent Dec 2023
GDP Constant Prices 35304.00 32762.90 RUB Billion Sep 2023

Russia GDP Growth Rate
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.
Actual Previous Highest Lowest Dates Unit Frequency
-0.80 3.20 4.10 -5.40 1995 - 2021 percent Quarterly