Russia GDP Growth Rate

-0.2% −1.1 pt

Mar 2026 · Quarterly

Russia's real GDP contracted 0.15% year-on-year in the first quarter of 2026, down from a 0.95% expansion in the previous period. This marks the first negative reading since the first quarter of 2023, when the economy shrank 0.83%. The all-time high was 44.89% in the second quarter of 2014, while the record low was -7.32% in the second quarter of 2020.

Russia GDP Growth Rate, 2012–2026
ActualPreviousHighestLowestDatesFrequency
-0.2%1.0%44.9%Jun 2014-7.3%Jun 20202012 – 2026Quarterly

Related indicators

IndicatorLastPreviousHighestLowestLast updatedFrequency
GDP$2.56T$2.19T$2.56T$195.9BDec 2025Annual
Industrial Production3.9%8.7%8.8%-14.6%Dec 2025Annual

About this series

GDP Growth Rate in Russia averaged 4.7% from 2012 until 2026, reaching an all-time high of 44.9% in Jun 2014 and a record low of -7.3% in Jun 2020. The series is reported quarterly with history from 2012.

Real GDP growth measures the annual change in the inflation-adjusted value of all goods and services produced in Russia. The indicator is expressed as a percentage and reported quarterly. Data are available from the first quarter of 2012.

Source & methodology

We use primary economic sources for every country. See our methodology page for how we source and verify this data.

FAQ

Russia GDP Growth Rate FAQ