29 December 2024

Russian Economy

Despite of sanctions, Russia is expected to show continued economic growth in 2025. But, this growth may be slower with GDP forecast of between 0.5% and even 2.5%. The Russian economy is resilient and adaptable. This is as a result of many factors. 

  • Sanctions: Imposed by western countries will continue to impact economy especially in energy and financial sectors.
  • Geopolitical Risks: Ukraine conflict and tensions with NATO will create uncertainty and risks
  • Commodity Prices: Dependence on global commodity prices as a major exporter of oil and gas. Fluctuations in prices to effect the economic growth.
  • Domestic Policies: Economic strategy on monetary and fiscal policy will also have an impact.