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Russian Federation GDP Annual Growth Rate

Last Release
Mar 31, 2022
Actual
3.5
Units In
%
Previous
5
Frequency
Quarterly
Next Release
N/A
Time to Release
N/A
Highest
Lowest
Average
Date Range
Source
12.1
Dec 1999
-11.2
Jun 2009
2.78 %1996-2022Federal State Statistics Service
Russia is one of the world's leading producers of oil and natural gas and is also a top exporter of metals such as steel and primary aluminum. On the production side, services are the biggest sector of the economy and account for 58 percent of GDP. Within services the most important segments are: wholesale and retail trade (17 percent of total GDP); and public administration, health and education (12 percent). Industry constitutes 40 percent to total output and agriculture accounts for the remaining 2 percent.

Latest Updates

Russia’s gross domestic product advanced by 3.5% from a year ago in the first quarter of 2022, in line with preliminary estimates, below a 5% expansion in the previous period. It was the slowest growth in a year, on the back of weakening domestic demand amid the fallout from the Russia-Ukraine war and associated international sanctions. Among different activities, growth eased primarily in hotels & restaurants (6.2% vs 14.8% in Q4); information & communication (5.9% vs 10.6%); construction (4.7% vs 6.1%); wholesale and retail trade; repair of motor vehicles and motorcycles (3.7% vs 5.7%) and agriculture, forestry, hunting, fishing and fish farming (1.5% vs 4.7%). Meanwhile, output remained robust in mining (8.6% vs 9.7%), while it rose further in manufacturing (5.1% vs 4.6%).

Russian Federation GDP Annual Growth Rate History

Last 12 readings

Russian Federation GDP Indicators

All Russian Federation indicators
Indicator
Last
Previous
Min
Max
Unit
Frequency
Range
GDP
1,483.5
Dec 2020
1,687.45
Dec 2019
195.91
Dec 1999
2,292.47
Dec 2013
USD BillionYearly1988-2020
GDP Annual Growth Rate
3.5
Mar 2022
5
Dec 2021
-11.2
Jun 2009
12.1
Dec 1999
%Quarterly1996-2022
GDP Constant Prices
26,426.4
Dec 2021
23,913.5
Sep 2021
10,234.9
Mar 1999
26,426.4
Dec 2021
RUB BillionQuarterly1995-2021
GDP From Agriculture
1,001.5
Dec 2021
1,407.1
Sep 2021
141.4
Mar 2005
1,489.9
Sep 2020
RUB BillionQuarterly2003-2021
GDP From Construction
2,005.3
Dec 2021
1,256
Sep 2021
216.4
Mar 2003
2,005.3
Dec 2021
RUB BillionQuarterly2003-2021
GDP From Manufacturing
3,458.8
Dec 2021
3,000.5
Sep 2021
1,022.9
Mar 2003
3,458.8
Dec 2021
RUB BillionQuarterly2003-2021
GDP From Mining
2,078.1
Dec 2021
1,791.5
Sep 2021
693.3
Jun 2003
2,078.1
Dec 2021
RUB BillionQuarterly2003-2021
GDP From Public Administration
1,711.9
Dec 2021
1,639.5
Sep 2021
426
Jun 2005
1,711.9
Dec 2021
RUB BillionQuarterly2003-2021
GDP From Transport
1,425.6
Dec 2021
1,471.3
Sep 2021
584.6
Mar 2003
1,522.4
Sep 2019
RUB BillionQuarterly2003-2021
GDP From Utilities
675.2
Dec 2021
478.7
Sep 2021
176.3
Sep 2003
690.4
Mar 2011
RUB BillionQuarterly2003-2021
GDP Growth Rate
-0.8
Sep 2021
3.2
Jun 2021
-5.4
Sep 1998
4.1
Mar 1999
%Quarterly1995-2021
GDP per capita
11,786.62
Dec 2020
12,122.61
Dec 2019
5,505.7
Dec 1998
12,122.61
Dec 2019
USDYearly1989-2020
GDP per capita PPP
26,456.4
Dec 2020
27,210.6
Dec 2019
12,358.2
Dec 1998
27,210.6
Dec 2019
USDYearly1990-2020
Gross Fixed Capital Formation
7,511
Dec 2021
4,983.7
Sep 2021
2,770.6
Mar 2011
7,995.5
Dec 2013
RUB BillionQuarterly2011-2021
Monthly GDP YoY
-3
Apr 2022
13
Mar 2022
-11.8
May 2009
13
Mar 2022
%Monthly2005-2022

GDP Annual Growth Rate across Europe

GDP Annual Growth Rate global view
Country
Last
Previous
Min
Max
Unit
Frequency
Range
Albania
5.5
Dec 2021
6.99
Sep 2021
-11.33
Jun 2020
18.38
Jun 2021
% Quarterly1996-2021
Armenia
9
Dec 2022
8.6
Mar 2022
-19.7
Sep 2009
19.1
Jun 2006
% Quarterly1998-2022
Austria
8.7
Mar 2022
5.6
Dec 2021
-13.5
Jun 2020
12.8
Jun 2021
% Quarterly1996-2022
Belarus
-0.4
Mar 2022
1.1
Dec 2021
-4.4
Dec 2015
11.05
Jun 2011
% Quarterly2011-2022
Belgium
4.9
Mar 2022
5.7
Dec 2021
-13.3
Jun 2020
19.4
Mar 1995
% Quarterly1981-2022
Bosnia and Herzegovina
7.5
Dec 2021
8.4
Sep 2021
-8
Jun 2020
11.6
Jun 2021
% Quarterly2004-2021
Bulgaria
4.5
Mar 2022
5.2
Dec 2021
-17.2
Mar 1997
13
Dec 2000
% Quarterly1996-2022
Croatia
7
Mar 2022
9.7
Dec 2021
-14.4
Jun 2020
16.5
Jun 2021
% Quarterly1996-2022
Cyprus
5.6
Mar 2022
5.9
Dec 2021
-12.6
Jun 2020
13.3
Jun 2021
% Quarterly1996-2022
Czech Republic
4.8
Mar 2022
3.6
Dec 2021
-10.8
Jun 2020
8.1
Jun 2021
% Quarterly1997-2022
Denmark
6.7
Mar 2022
6.8
Dec 2021
-6.7
Jun 2020
8.7
Jun 2021
% Quarterly1992-2022
Estonia
4.3
Mar 2022
8.6
Dec 2021
-19.4
Sep 2009
14.1
Dec 1997
% Quarterly1996-2022
Euro Area
5.1
Mar 2022
4.7
Dec 2021
-14.5
Jun 2020
14.4
Jun 2021
% Quarterly1995-2022
Finland
3.6
Mar 2022
2.9
Dec 2021
-9
Mar 2009
8.8
Dec 1997
% Quarterly1976-2022
France
4.5
Mar 2022
4.9
Dec 2021
-18.6
Jun 2020
19
Jun 2021
% Quarterly1950-2022
Georgia
8.8
Dec 2021
9.1
Sep 2021
-14.5
Jun 2020
28.9
Jun 2021
% Quarterly2004-2021
Germany
3.8
Mar 2022
1.8
Dec 2021
-11.3
Jun 2020
10.4
Jun 2021
% Quarterly1971-2022
Greece
7.7
Dec 2021
13.4
Sep 2021
-15.7
Jun 2020
16.6
Jun 2021
% Quarterly1996-2021
Hungary
8.2
Mar 2022
7.1
Dec 2021
-13
Jun 2020
17.8
Jun 2021
% Quarterly1996-2022
Iceland
8.6
Mar 2022
4.4
Dec 2021
-10.5
Jun 2020
94.8
Mar 2008
% Quarterly1995-2022
Ireland
9.6
Dec 2021
11.4
Sep 2021
-10.2
Dec 2008
29.1
Mar 2015
% Quarterly1996-2021
Italy
6.2
Mar 2022
6.2
Dec 2021
-18.2
Jun 2020
17
Jun 2021
% Quarterly1961-2022
Kosovo
6.36
Dec 2021
14.53
Sep 2021
-9.07
Jun 2020
16.28
Jun 2021
% Quarterly2006-2021
Latvia
6.7
Mar 2022
3.1
Dec 2021
-15.6
Sep 2009
15.1
Mar 2007
% Quarterly1996-2022
Liechtenstein
-0.7
Dec 2019
4.9
Dec 2018
-10.9
Dec 2009
10.41
Dec 1999
% Yearly1971-2019
Lithuania
4.6
Mar 2022
5.3
Dec 2021
-15.7
Jun 2009
12.3
Sep 2007
% Quarterly1996-2022
Luxembourg
4.8
Dec 2021
5.3
Sep 2021
-8
Jun 2020
12.6
Jun 2021
% Quarterly1996-2021
Macedonia
2.3
Dec 2021
3
Sep 2021
-14.9
Jun 2020
13.4
Jun 2021
% Quarterly2001-2021
Malta
10
Dec 2021
9.7
Sep 2021
-15
Jun 2020
14.9
Jun 2021
% Quarterly2001-2021
Moldova
18.9
Dec 2021
8.3
Sep 2021
-14
Jun 2020
21.5
Jun 2021
% Quarterly1996-2021
Monaco
-11.8
Dec 2020
7.5
Dec 2019
-11.8
Dec 2020
14.4
Dec 2007
% Yearly2006-2020
Montenegro
8.2
Dec 2021
25.8
Sep 2021
-26.9
Sep 2020
25.8
Sep 2021
% Quarterly2001-2021
Netherlands
7
Mar 2022
6.5
Dec 2021
-9.2
Jun 2020
10.4
Jun 2021
% Quarterly1989-2022
Norway
4.8
Mar 2022
5.3
Dec 2021
-4.4
Jun 2009
10.2
Mar 1980
% Quarterly1979-2022
Poland
8.5
Mar 2022
7.6
Dec 2021
-8.2
Jun 2020
11.2
Jun 2021
% Quarterly1995-2022
Portugal
11.9
Mar 2022
5.9
Dec 2021
-17.9
Jun 2020
16.1
Jun 2021
% Quarterly1996-2022
Romania
6.5
Mar 2022
2.4
Dec 2021
-10.1
Jun 2020
13.9
Jun 2021
% Quarterly1996-2022
Russian Federation
3.5
Mar 2022
5
Dec 2021
-11.2
Jun 2009
12.1
Dec 1999
% Quarterly1996-2022
Serbia
4.4
Mar 2022
7
Dec 2021
-21.5
Jun 1999
26.2
Jun 2000
% Quarterly1997-2022
Slovakia
3.1
Mar 2022
1.4
Dec 2021
-10.9
Jun 2020
13.6
Dec 2007
% Quarterly1996-2022
Slovenia
9.8
Mar 2022
10.4
Dec 2021
-11
Jun 2020
16.3
Jun 2021
% Quarterly1996-2022
Spain
6.4
Mar 2022
5.5
Dec 2021
-21.5
Jun 2020
17.7
Jun 2021
% Quarterly1996-2022
Sweden
3
Mar 2022
5.2
Dec 2021
-8
Jun 2020
10
Jun 2021
% Quarterly1982-2022
Switzerland
4.4
Mar 2022
3.6
Dec 2021
-6.7
Jun 2020
8.6
Jun 2021
% Quarterly1981-2022
Turkey
7.3
Mar 2022
9.1
Dec 2021
-14.5
Mar 2009
21.7
Jun 2021
% Quarterly1999-2022
Ukraine
6.1
Dec 2021
2.7
Sep 2021
-19.6
Mar 2009
14.3
Sep 2004
% Quarterly2000-2021
United Kingdom
8.7
Mar 2022
6.6
Dec 2021
-21.2
Jun 2020
24.6
Jun 2021
% Quarterly1956-2022

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