Russia GDP Grows 1% in 2025

EthereumCraftsman · 2026-02-06T17:55:32+00:00

In 2025, Russia's GDP grew by 1%, surpassing IMF forecasts but significantly down from 4.9% the previous year. The economy struggled due to military spending amid the Ukraine conflict, low oil prices, and reduced exports. Manufacturing rose by 3.9%, while extractive industries fell by 1.7%.

EthereumCraftsman

2026-02-06 17:55:32

Abstract generation in progress

The Russian gross domestic product expanded by 1% in 2025, loosely in line with market expectations and projections by the economy ministry, but ahead of the IMF’s warning that it would drop to 0.6%. Still, the result marked an aggressive slowdown from the 4.9% expansion in the previous year, significantly underperforming other emerging markets as the Kremlin’s prolonged invasion of Ukraine allocated government spending in the military instead of investments that stimulate the economy. Low crude oil prices, softening natural gas exports due to European sanctions, muted trade with China due to their anti-involution campaign, and a strong ruble amid soaring interest rates by the Bank of Russia also pressured the Russian economy. Manufacturing output expanded by 3.9%, offsetting the 1.7% decline in that of extractive industries.

This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.