Russia’s GDP Growth Forecast by World Bank and ACRA for 2024-2025

2024-01-09 14:52:00

Russia’s GDP could grow by 1.3% in 2024. This forecast was released by the World Bank. Also in 2025, GDP is expected to rise by 0.9%.

“The World Bank expects Russia’s GDP to grow by 1.3% in 2024, and by 0.9% in 2025,” the TASS agency reports. Next year it could grow by 0.9%. It is clarified that at the end of 2023, the growth of the Russian economy was 2.6%.

Previously, the rating agency ACRA made its forecastconcerning the growth rate of the Russian economy. According to the data, in 2024 GDP growth will be only 0.5%-0.3%. Moreover, in 2025 it will reach from 1% to 2%.

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