Finland’s trade with Russia has collapsed
Russia Finland’s trade with Russia has collapsed The value of Finnish goods exports to Russia in September fell by 76 % y-o-y to just 80 million euros. It was the lowest value in exports to Rus...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2022
Changes is Russia's currency reserve composition
Russia Changes is Russia's currency reserve composition Russia's gold and foreign currency reserves have grown notably since early 2017. They stood at nearly $460 billion at the end of May. ...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2018
Russia's economic recovery stumbles again
Russia Russia's economic recovery stumbles again The Russian economy performed at least slightly better in the first quarter ofthis year overall compared to the halt of growth in the second half...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2018
Russia's fiscal sector strengthened in 2017
Russia Russia's fiscal sector strengthened in 2017 Russia's fiscal sector strengthened in 2017 Consolidated budget revenues (federal, regional and municipal, plus social funds) increased by...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2018
Employment in Russia has continued to rise
Russia Employment in Russia has continued to rise Rosstat’s second-quarter labour force survey finds that the number of employed persons rose further on-year despite the economic downturn. On the ot...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2022
Sharp drop in births in Russia
Russia Sharp drop in births in Russia Therewere fewer than 1.7 million live births in Russia last year, a drop of 200,000 births from 2016. Last time such a drop in births was seen in early 1990s af...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2018
Concerns over Russia's regional budget deficits
Russia Concerns over Russia's regional budget deficits Regional budgets (consolidated budgets of the regional and local levels) represent slightly over a third of Russia's government-sector ...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2018
Russia depletes its second oil fund
Russia Russia depletes its second oil fund The remaining assets of the Reserve Fund, about 17 billion dollars (1 trillion rubles) were allocated in December to cover the federal budget shortfall. As...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2018
Fixed investment in Russia has grown
Russia Fixed investment in Russia has grown Growth of the real volume of fixed investment, which accelerated in the second quarter, continued its fairly good rise in the third quarter. In second qua...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2021
Russia drops in TI corruption rankings
Russia drops in TI corruption rankings The 2016 Corruption Perceptions Index published by Transparency International (TI), downgraded Russia's position in the rankings from 2015. This was mostly ...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2017
Russia shows cautious interest in green financing
Russia Russia shows cautious interest in green financing According to media reports, Russia’s central bank and finance ministry have launched initial discussions on the possibility of issuing green ...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2021
Russia records huge mortality increase in 2020
Russia Russia records huge mortality increase in 2020 At the end of 2020, the Russian population was about 143.8 million people (does not include the population of the illegally annexed Crimean peni...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2021
Finnish trade with Russia collapsed last year
Russia Finnish trade with Russia collapsed last year Preliminary figures from Statistics Finland suggest that the value of Finnish exports of goods and services to Russia contracted by about 20 ...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2021
Latest economic data for Russia looks promising
Russia Latest economic data for Russia looks promising The acceleration of the covid-19 pandemic in Russia during the second half of 2020 reduced economic activity due to such factors as restriction...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2021
Russia seeks to renegotiate tax treaties
Russia Russia seeks to renegotiate tax treaties Russia has bilateral tax treaties with roughly 80 countries. These treaties spell out the rules that governments must follow on taxing income transfer...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2020
Russia’s economy weakened in October
Russia Russia’s economy weakened in October Russian economic growth has slackened since the summer’s brisk recovery, with volatile development across branches. Manufacturing and agriculture weighed ...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2020
Russia’s economic recovery slowed in September
Russia Russia’s economic recovery slowed in September The service sector and primary production were still propping up the Russian economy. Other core sectors showed signs of slowing in September. P...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2020
Covid-19 subdues private consumption in Russia
Russia Covid-19 subdues private consumption in Russia Although Russian GDP still grew by 1.6 % y-o-y in the first quarter of this year, it contracted by 8.0 % in the second quarter as the ...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2020
Russia prepares for serious budget tightening
Russia prepares for serious budget tightening The government earlier this month gave its initial approval to the 2017–19 federal budget framework. Finance minister Anton Siluanov said the budget reve...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2016
Russia seeks ways to reduce grey pay
Russia seeks ways to reduce grey pay Facing budgetary shortfalls, the government is trying to increase revenues also by improving tax collection. Finance minister Siluanov has noted that grey wages ...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2016