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BOFIT Forecast for Russia 2018–2020 / 2
(04.10.2018)
BOFIT Forecast for Russia 2/2018
BOFIT Forecast for Russia 2/2018
GDP growth in Russia is projected to remain below 2 % this year. Growth will decelerate slightly next year to around 1.5 % as long as the oil price stays reasonably close to current levels. Growth of the economy will remain ...
BOFIT Forecast for Russia 2017–2019 / 2
(28.09.2017)
BOFIT Forecast for Russia 2/2017
BOFIT Forecast for Russia 2/2017
Our latest forecast sees Russian GDP rising by 1.5 % p.a. through 2019 on the assumption that oil prices remain roughly at current levels. Growth will be driven by recovering domestic private demand, which also is expected ...
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 2018–2020 / 1
(27.03.2018)
BOFIT Forecast for Russia 1/2018
BOFIT Forecast for Russia 1/2018
We expect Russian GDP to continue reviving, increasing by nearly 2 % this year. If the oil price remains near its current levels, growth will slow to around 1.5 % p.a. in 2019 and 2020. While growth in Russia’s imports ...
BOFIT Forecast for Russia 2015–2017 / 2
(24.09.2015)
BOFIT Forecast for Russia 2/2015
BOFIT Forecast for Russia 2/2015
With the collapse of oil prices in 2014, the Russian economy has contracted this year. Assuming the oil price is slightly below $55 a barrel, our forecast sees Russian GDP shrinking around 4 % this year. Fixed investment ...
BOFIT Forecast for Russia 2017-2019 / 1
(30.03.2017)
BOFIT Forecast for Russia 1/2017
BOFIT Forecast for Russia 1/2017
After two years of decline, we see Russian GDP growth, supported by higher oil prices, rising to 1.5 % this year. Growth is led by private domestic demand which also stimulates imports. Russian growth should remain sluggish ...
BOFIT Forecast for Russia 2015-2017 / 1
(25.03.2015)
BOFIT Forecast for Russia 1/2015
BOFIT Forecast for Russia 1/2015
Russian economic growth came almost to a standstill in 2014. Since the fall in the price of oil, the economy has begun to contract. According to our forecast, Russian GDP will contract by over 4% in 2015 if the oil price ...
BOFIT Forecast for Russia 2016–2018 / 2
(29.09.2016)
BOFIT Forecast for Russia 2/2016
BOFIT Forecast for Russia 2/2016
Russian GDP has so far this year contracted less than one per cent from a year ago. The decline has been constrained by a notable recovery in oil prices and a large fall in imports caused by a weak ruble. We now expect ...
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 2019–2021 / 1
(15.03.2019)
BOFIT Forecast for Russia 1/2019
BOFIT Forecast for Russia 1/2019
Russian economic growth gathered steam in 2018. Rising oil prices and ruble depreciation combined to boost budget revenues and net export earnings. Russia’s hosting of the 2018 FIFA World Cup international football tournament ...