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25 July 2017

The GDP of Russia: what to expect in 2017? Commentary from Nina Kozlova for Seychas.ru

1.4% is an expected increase of the GDP of Russia in 2017. In 2018, the economic growth will be analogous according to the International Monetary Fund (IMF). Such forecasts are contained in the July review of the World Economic Outlook. As for the global GDP, the IMF has forecasted the growth of 3.5% for the current year, 3.6% for the forthcoming year. The growth in global trade as to goods and services is believed to be increasing to 4% in 2017 (2.3% in 2016), and its decrease to 3.9% in 2018 is expected. According to the IMF’s previous statement, the role of the government in the economy of Russia keeps increasing. What are the forecasts for Russia’s GDP according to the experts from Seychas.ru?


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