Add to favorite
Subscribe to our Newsletters Subscribe to our Newsletters Get Daily Updates RSS
russian visa

Bloomberg: Russias GDP Will Grow by 1.1 Percent In 2017
February 15, 2017 22:52


Russia’s GDP will grow by 1.1 percent this year and by 1.5 percent in the next year. These are the average results of a poll conducted by the analysts of the Bloomberg Agency, as Rambler News Service reports.

According to the experts’ opinion, the main factor of economic growth in Russia will be the increase in oil prices, which have already risen twice in 2016 after two years of decline. Besides, according to the analysts, Russia’s GDP growth will be also facilitated by the improvement of the investment climate and the reduction of political risks for foreign investors. It is also assumed that the United States may loosen sanctions against Russia.

Such a forecast is in general consistent with the expectations of other institutions. The closest assessment was provided by the UN which predicted the growth of the Russian economy by a percent this year, and by 1.5 percent next year. According to the forecast by the World Bank, Russia’s economy will grow by 1.5 percent this year and by 1.7 percent next year. The Institute of International Finance (IIF) forecasts the growth of Russia’s GDP by 1.4 percent in 2017.

According to the forecast of the Ministry of Economic Development of Russia, GDP will grow by two percent at the year end. Following the first assessment of the Federal State Statistics Service of Russia, Russia’s GDP shrank by 0.2 percent in 2016 and amounted to 85.88 trillion roubles.


Author: Anna Dorozhkina


Next Previous

You might also find interesting:

Taxes For Small Businesses Are Being Discussed The Yamal LNG Plant Started Producing Liquefied Natural Gas Ukraine and Russia have agreed upon gas supplies Italian Brand Launches Business Project With Russian Designers Last Soviet Burden

Comment on our site

RSS   twitter   facebook   submit

Bookmark and Share

search on the map
Moscow  Russian tourism  Russian Traditions  Moscow Theatres  Legal Services in Russia  Russian Sculpture  Russian cuisine  Burial Grounds  City Sightseeing   Makhmudov Djemal  Rashid Nurgaliev  Tourist Tax   telecommunications  travel to Russia  Mysterious Finds  Russian children  Russian designers  tourist cards  Architecture Monuments  Yekaterinburg  Russian regions  Mercedes-Benz Fashion Week Russia  Russian customs  Andrey Zvyagintsev  ROSCOSMOS  Vladimir Vysotsky  Honfleur Russian Film Festival  Exhibitions in Moscow  business climate  Russian Arctic  Russian business  Russian Cosmism  Festivals in Moscow  Russian churches  fairy tale tourism  Russian Cinema  Viktor Pivovarov  Komi Republic  Tower House  Ryazan Region  poplar breeding  Murmansk  Classical Music  Folk Arts and Crafts  David Borovskii  license revocation  Nizhny Novgorod Region  Konstantin Yaroshenko  St. Petersburg  Russian Internet 

Travel Blogs
Top Traveling Sites