The economy of the Russian Empire covers the economic history of Russia from 1721 to the October Revolution of 1917 (which ushered in a period of civil war, culminating in the creation of the Soviet Union).

Nov 13, 2024 · Russia's tight monetary policy is costing businesses profitability and risks spurring bankruptcies. Moscow's failed attempt to stamp out inflation is driving the country toward its worst-case...

Nov 18, 2024 · Americans have spent the last few years complaining about inflation. But price rises in Russia are eye-watering by comparison – and just one symptom of an economy that is overheating. Butter,...

The 11th-largest economy in the world, Russia was positioned between Canada and Mexico in the global ranking by gross domestic product (GDP) in 2024. At approximately 14,400 U.S. dollars, the...

5 days ago · Since Moscow’s full-scale invasion of Ukraine in 2022, Russia’s economy has surpassed expectations. But some experts say this image of resilience is a mirage crafted by the Kremlin.

Jan 22, 2025 · Russia’s economic growth slowed in the third quarter of 2024 to 3.1 per cent, down from 4.1 per cent in the previous quarter. Defence-related industries continue to grow but at a slower pace than in 2023. Other sectors, including extractive industries and agriculture, are facing significant headwinds due to declining hydrocarbon export prices ...

Oct 31, 2024 · Economists are now warning that the Russian economy is in danger of overheating, largely as a result of unprecedented military spending. Meanwhile, Russia’s low unemployment rate of around 2.5 percent is more indicative of a severe labor shortage than a healthy economy.

Apr 16, 2024 · An influential global body has forecast Russia's economy will grow faster than all of the world's advanced economies, including the US, this year. The International Monetary Fund (IMF)...

The World Bank’s Russia Economic Report analyzes recent economic developments, presents the medium-term economic outlook, and provides an in-depth analysis of a particular topic. Global activity is now moderating after a strong recovery from the pandemic-induced recession.

Nov 29, 2024 · Amid the deteriorating outlook for the Russian economy in 2025, the country is more vulnerable to economic crises. New sanctions or a drop in oil prices could trigger a recession. On 21 November 2024, the Russian State Duma adopted the …