Russia's GDP in the first quarter, according to Rosstat, decreased by 0.2%

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AK&M 18 May 2026 12:09

The GDP of the Russian Federation in the first quarter of 2026 decreased by 0.2% year-on-year. This is reported in the materials of Rosstat.

The Ministry of Economic Development expects a 0.4% real GDP growth in 2026 compared to 2025. The nominal volume of GDP this year is expected to increase by 13.7 trillion rubles to 228 trillion rubles.

Economic growth, according to the Ministry of Economic Development, will accelerate from 1.4% in 2027 to 2.4% in 2029. In nominal terms, by the end of the forecast period, GDP will exceed 270 trillion rubles.