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BOFIT Forecast for Russia 2021–2023 / 1
(16.03.2021)
BOFIT Forecast for Russia 1/2021
BOFIT Forecast for Russia 1/2021
We have raised our economic forecast for Russia from last autumn to reflect the rise of oil prices and price expectations. The impacts of covid-19 on Russia were also less severe than anticipated. We see Russia’s GDP ...
BOFIT Forecast for Russia 2021–2023 / 2
(16.09.2021)
BOFIT Forecast for Russia 2/2021
BOFIT Forecast for Russia 2/2021
The forecast for the Russian economy has been revised upward on improved prospects for global economic growth and Russian exports. Oil prices and the expectations are also higher than in March. GDP should rise more than ...
BOFIT Forecast for Russia 2022–2023 / 1
(28.03.2022)
BOFIT Forecast for Russia 1/2022
BOFIT Forecast for Russia 1/2022
Russia’s war on Ukraine is hurting the Russian economy. In light of instability and uncertainty in Russia, increased international economic and trade sanctions, as well as Russia’s own countersanctions, we expect Russian ...
BOFIT Forecast for Russia 2023–2024 / 1
(13.03.2023)
BOFIT Forecast for Russia 1/2023
BOFIT Forecast for Russia 1/2023
Russia’s unprovoked invasion of Ukraine and the economic sanctions imposed on Russia drove the Russian economy to the verge of crisis in March 2022. The strong economic growth of January and February in 2022 quickly ...
BOFIT Forecast for Russia 2023-2024 / 2
(14.09.2023)
BOFIT Forecast for Russia 2/2023
BOFIT Forecast for Russia 2/2023
For the first half of this year, Russia’s economy clearly outperformed our previous forecast. While much of the up-side surprise came from private consumption and fixed investment fuelled by massive growth in public spending, ...
BOFIT Forecast for Russia 2024–2026 / 1
(25.03.2024)
BOFIT Forecast for Russia 1/2024
BOFIT Forecast for Russia 1/2024
Russia’s positive 2023 economic growth defied predictions. Growth in the capital stock and private consumption were both higher than expected. Part of the significant growth in the capital stock reflects soaring defence ...