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The Great Recession in Russia was a crisis during 2008–2009 in the Russian financial markets as well as an economic recession that was compounded by political fears after the war with Georgia and by the plummeting price of Urals heavy crude oil, which lost more than 70% of its value since its record peak of US$147 on 4 July 2008 before rebounding moderately in 2009.
After the dissolution of the Soviet Union in 1991 and the end of its centrally-planned economy, the Russian Federation succeeded it under president Boris Yeltsin.The Russian government used policies of shock therapy to liberalize the economy as part of the transition to a market economy, causing a sustained economic recession.
English: The GDP of Russia since 1989. Figures in international dollars adjusted for both purchasing power and inflation at 2013 prices. Figures of 2014 - 2016 based ...
Russia's central bank says inflation is rising while the nation's economy cools. These are the key ingredients for stagflation, a scenario that's harder to combat than a recession.
Even without a credit crisis, Russia’s economy faces serious headwinds in 2025. The International Monetary Fund estimates that Russian GDP grew 3.8% in 2024, but forecasts just 1.4% growth this ...
This article is a list of Russian federal subjects by Gross regional domestic product (GRDP). Top 10 Russian federal subjects by largest GDP Russian GDP divided into 2 equal parts. 50% of Russian economy is concentrated in only 10% of Russian area or only 2 federal districts (which together contain nearly half of Russia's population).
The demographic trend spells trouble for Russia's economy, which is already dealing with a severe worker shortage. At the end of 2023, Russia was short a record 5 million workers, according to an ...
Tyumen Oblast has largest GRDP per capita in Russia of around US$ 54,000 while Ingushetia has lowest of around US$ 2,000. [1] In 2022 Moscow GRDP per capita reached US$ 32,000 while Saint Petersburg stood at US$ 29,000. [1] Federal subjects of Russia by GRDP per capita in EUR (2021) Federal subjects of Russia by GRDP per capita in RUB (2022) [1]