The Bank of Finland Institute for Emerging Economies (BOFIT) expects Russian economic growth to begin slowing this year. While 2024 growth should be around 2 %, annual growth of around 1 % is expected for 2025 and 2026. Short-sighted economic policies and the course of the war create significant uncertainty to the forecast.  

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FOR FURTHER INFORMATION

Senior Economist Sinikka Parviainen
tel. +358 9 183 2024 / sinikka.parviainen(at)bof.fi

Head of BOFIT Iikka Korhonen
tel. +358 9 183 2272 / iikka.korhonen(at)bof.fi