Russian GDP grew by 1.6 % in the first quarter
Russia Russian GDP grew by 1.6 % in the first quarter While growth slowed slightly from 2.1 % y-o-y in the fourth quarter of 2019, it was a relatively good performance on the cusp of the C...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2020
Global military spending on the rise
russia,BOFIT Weekly Review,economy Global military spending on the rise Figures compiled by the Stockholm International Peace Research Institute (SIPRI) show that government military expenditure glo...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2025
Russian financial markets seek new equilibrium
Russia Russian financial markets seek new equilibrium Foreign investors have abandoned the Moscow stock market As a result of Western economic sanctions imposed on Russia in March 2022 after the inv...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2023
LNG drives growth in Russian natural gas production
Russia LNG drives growth in Russian natural gas production The volume of Russian natural gas production (excluding “associated” gas from oil wells) grew by 3 % to the highest output ever – almo...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2020
Nord Stream 2 gas pipeline construction continues; EU reaches preliminary agreement on gas directive changes
Russia Nord Stream 2 gas pipeline construction continues; EU reaches preliminary agreement on gas directive changes The first Nord Stream natural gas pipeline was completed in 2012. The Nord Stream ...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2019
Russian oil fund’s assets doubled last year
Russia Russian oil fund’s assets doubled last year Higher oil prices and a stabilizing economy have created the conditions for replenishing Russia’s National Welfare Fund (NWF) with oil & gas ea...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2020
Industrial output in Russian regions rises, while consumption gradually recovers
Russia,economy Industrial output in Russian regions rises, while consumption gradually recovers Industrial output growth continuedin the first half of this year in all of Russia's eight federal ...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2017
Major forecasts for the Russian economy anticipate a large contraction this year along with sharp drops in exports and imports
Russia Major forecasts for the Russian economy anticipate a large contraction this year along with sharp drops in exports and imports The latest batch of forecasts released in April and May see the ...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2022
CBR keeps its key rate at a record high 20 % level
Russia CBR keeps its key rate at a record high 20 % level At its scheduled meeting on March 18, the Central Bank of Russia’s board decided to keep the key rate unchanged at the unprecedented le...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2022
Topics at BOFIT 30th Anniversary Conference include central bank digital currencies and the impacts of sanctions on foreign trade
Russia,China Topics at BOFIT 30th Anniversary Conference include central bank digital currencies and the impacts of sanctions on foreign trade Last Tuesday (Nov. 9), the Bank of Finland Institute fo...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2021
Russian export earnings and imports recovered quickly in 2021, large private capital outflows
Russia Russian export earnings and imports recovered quickly in 2021, large private capital outflows Preliminary balance of payments figures from the Bank of Russia show a strong recovery in the cou...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2022
Signs of recovery in Russian foreign trade, capital outflows rather large
Russia Signs of recovery in Russian foreign trade, capital outflows rather large Preliminary Central Bank of Russia balance-of-payments figures show that Russian earnings on exports of goods and ser...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2020
National Welfare Fund divests its dollar assets
Russia National Welfare Fund divests its dollar assets Finance minister Anton Siluanov told at the St. Petersburg International Economic Forum (June 2–5) that Russia plans to divest its liquid dolla...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2021
Russian oil production and exports contracted sharply last year
Russia Russian oil production and exports contracted sharply last year Russian crude oil production (including gas condensates) last year fell to 512 million metric tons (about 10.3 million barrels ...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2021
Russian economy lost steam in 2025
BOFIT Weekly Review,Russia Russian economy lost steam in 2025 Russia’s economic growth slowed sharply in 2025 with on-year GDP growth of only 1 %. Growth faded last year despite a rapid increase in ...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2026
Changes in financing of Russian housing construction
Russia Changes in financing of Russian housing construction Under a change in the law since July 1, construction firms may no longer finance their construction activity by selling unfinished apartme...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2018
Russian state plays an ever-increasing role in directing investment
Russia Russian state plays an ever-increasing role in directing investment President Putin's 2018 May Decree included the goal of raising the investment-to-GDP ratio to 25 % by 2024. Deputy fina...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2018
Putin wins Russian presidential election as expected
Putin wins Russian presidential election as expected Russia’s sitting president garnered 77 % of the national vote last Sunday (Mar. 18), while his regional performances ranged from 65 % in Russia’s ...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2018
Slightly lower growth in Russian bank lending
Russia Slightly lower growth in Russian bank lending The credit stock of Russian banks grew by 6 % in nominal terms last year, down from 12 % growth in 2018. The most notable slowdown was ...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2020
Russian central bank lowers key rate to 9.5 %
Russia Russian central bank lowers key rate to 9.5 % Based on data from May and early June, the Bank of Russia’s executive board concluded on June 10 that a 150-basis-point rate cut was appropr...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2022