The data illustrates Russia's gross domestic product growth rate from 2012 to 2017, with projections up until 2022. GDP refers to the total market value of all goods and services that are produced within a country per year. It is an important indicator of the economic strength of a country. Real GDP is adjusted for price changes and is therefore regarded as a key indicator for economic growth. In 2017, Russia's real GDP grew by about 1.55% compared to the previous year.
Trade balance of Russia With the exception of 2009, Russia’s gross domestic product was relatively stable year-over-year, however at a higher rate prior to the financial crisis.
2012 | 3.7 |
2013 | 1.8 |
2014 | 0.7 |
2015 | -2.5 |
2016 | -0.2 |
2017 | 1.55 |
2018 | 1.71 |
2019 | 1.49 |
2020 | 1.5 |
2021 | 1.5 |
2022 | 1.5 |