The economy of Russia is an emerging and developing, [ 2 ] high-income, [ 27 ] industrialized, [ 28 ] mixed market-oriented economy. [ 29 ] . It has the eleventh-largest economy in the world by nominal GDP and the fourth-largest economy by GDP (PPP). [ 5 ] .

Dec 25, 2024 · Russia's economy will be under significant strain next year, economists told Business Insider. High inflation, slowing economic growth, energy prices, and sanctions could hurt its war machine.

Nov 18, 2024 · Americans have spent the last few years complaining about inflation. But price rises in Russia are eye-watering by comparison – and just one symptom of an economy that is overheating. Butter,...

Nov 13, 2024 · Russia's tight monetary policy is costing businesses profitability and risks spurring bankruptcies. Moscow's failed attempt to stamp out inflation is driving the country toward its worst-case...

Dec 20, 2024 · From inflation, to GDP, imports, budget spending and labor shortages, we look at the Russian economy this year and try to assess how it is coping in nine graphs: Russia’s economy performed a bit like a marathon runner on steroids in 2024. But the effect of the drugs is already beginning to wear off.

Jun 25, 2024 · The 11th-largest economy in the world, Russia was positioned between Canada and Mexico in the global ranking by gross domestic product (GDP) in 2024. At approximately 14,400 U.S. dollars, the...

Dec 21, 2024 · Russia's economy will be ground to a halt by 2026, a think tank said this week. Massive government spending on defense is costing other sectors, Alexandra Prokopenko wrote. Businesses are...

4 days ago · High inflation is the key challenge for the Russian economy in 2025, while the economic growth rate is expected to fall from 4.1% recorded last year, Prime Minister Mikhail Mishustin told ...