Russian GDP back to pre-covid levels
Russia Russian GDP back to pre-covid levels Preliminary figures from Rosstat show that Russia’s gross domestic product rose by 10.3 % y-o-y in the second quarter. Russia struggled with the deep...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2021
National Welfare Fund again close to 12 % of Russian GDP
Russia National Welfare Fund again close to 12 % of Russian GDP At the end of 2020, Russia’s “excess” earnings on energy and higher share prices boosted the value of the National Welfare Fund t...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2021
Russian foreign trade development remains muted
Russia Russian foreign trade development remains muted The value of Russian goods exports contracted by 5 % y-o-y in the first nine months of this year to a level of 390 billion dollars. The co...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2019
Russian imports on the rise; modest capital flows
Russia Russian imports on the rise; modest capital flows Preliminary balance-of-payments figures from the Central Bank of Russia show that the value of Russian imports of goods and services in dolla...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2019
Russian first-quarter growth supported by extractive sector and certain service-sector branches
Russia Russian first-quarter growth supported by extractive sector and certain service-sector branches The latest Rosstat figures show Russia’s seasonally adjusted gross domestic product in the firs...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2019
President of Kazakhstan resigns
Russia President of Kazakhstan resigns 78-year-old Nursultan Nazarbayev, Kazakhstan’s leader since the break-up of the Soviet Union, announced his resignation on March 19. The speaker of the upper h...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2019
Growth in Russian household borrowing accelerated in 2018
Russia Growth in Russian household borrowing accelerated in 2018 The Central Bank of Russia reports that the household credit stock increased during the past two years. Growth accelerated substantia...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2019
As the ruble weakens, Russian import spending growth lags export earnings growth
Russia As the ruble weakens, Russian import spending growth lags export earnings growth In the third quarter of this year, the total value of Russian goods exports in dollar terms was 31 % larg...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2018
No signs of improvement for the Russian economy
#Russia No signs of improvement for the Russian economy Rosstat reports that industrial output contracted by 2 % y-o-y in January-February. Mining & quarrying production fell by 3.1 %,...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2023
CBR launches English-language research paper series
CBR launches English-language research paper series The central bank’s new Working Paper Series includes papers on inflation indicators, functioning of the loan markets and modelling of the Russian e...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2015
The 2021 harvest was smaller than in previous years
Russia The 2021 harvest was smaller than in previous years According to preliminary figures released by Rosstat, Russia’s grain harvest last year was about 121 million metric tons. In comparison to ...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2022
Russian export earnings and imports decrease sharply; net capital outflow moderate
Russia Russian export earnings and imports decrease sharply; net capital outflow moderate Preliminary balance-of-payments figures released by the Central Bank of Russia show that the country’s reven...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2020
Prices of oil and other major Russian export commodities up sharply; ruble barely appreciates
Russia Prices of oil and other major Russian export commodities up sharply; ruble barely appreciates Oil prices on world markets have climbed by about 20 % over the past six weeks. This week, t...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2021
Robust growth in Russian goods imports
Russia Robust growth in Russian goods imports Supported by a recovery in demand, the value of goods imports rose 14 % y‑o‑y in the first three months of this year. Goods imports have already ex...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2021
Defence spending rose yet again last year
Russia Defence spending rose yet again last year The latest figures from the Stockholm International Peace Research Institute (SIPRI) show that the military spending of governments around the world ...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2021
Even with domestic demand and imports plunging, the Russian economy contracted less than expected in 2020
Russia Even with domestic demand and imports plunging, the Russian economy contracted less than expected in 2020 The real volume of Russian GDP shrank by slightly more than 3 % last year – less...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2021
Russian spending on private insurance increases
Russia Russian spending on private insurance increases The Central Bank of Russia reports that in 2018 Russians paid a total of 1.48 trillion rubles (20 billion euros) for various types insurance (e...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2019
Import disputes in the Eurasian Economic Union
Import disputes in the Eurasian Economic Union Kazakhstan announced last week that it would pull certain Russian food items off the shelves as they failed to comply with Kazakhstan’s food safety reg...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2015
New sanctions reduce export price of Russian oil
Russia,BOFIT Weekly Review New sanctions reduce export price of Russian oil In late October, the United States placed Russia’s two largest oil producers, state-owned Rosneft and privately-held Lukoi...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2025
Finnish-Russian trade stages a comeback in the first half of this year
Russia Finnish-Russian trade stages a comeback in the first half of this year The value of goods and services exported from Finland to Russia rose by 11 % y-o-y in the first half of this year. ...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2021