๐ Russia Countries Intelligence
Russia's economy is estimated to have grown +1.1% in 2026, with inflation at 5.6% and unemployment at 2.4%. Government debt stands at 19.1% of GDP, and the budget balance is -2.0% of GDP.
Economic Indicators
GDP (nominal)
$2.66tn
2026 est.
GDP Growth
+1.1%
2026 est.
Inflation Rate
5.6%
2026 est.
Interest Rate
14.0%
2026 est.
Jobless Rate
2.4%
2026 est.
Gov. Budget Balance
-2.0%
2026 est.
Debt / GDP
19.1%
2026 est.
Current Account
+2.9%
2026 est.
Population
143.4M
2026 est.
Main Economic Activity
Natural Resources 18.5%
2021, % of GDP
Agriculture
3.1%
Manufacturing
13.7%
Services
58.9%
Natural resource rents
18.5%
Source: World Bank Open Data (value added / resource rents, % of GDP). Agriculture, Manufacturing and Services are named sub-categories; Natural resource rents (gold bar) is a separate accounting concept that overlaps with the others rather than adding to 100% of GDP.
Sovereign Credit Ratings
S&P
NR
Fitch
WD
Moody's
Ca
Source: Wikipedia โ List of countries by credit rating. NR = not rated by that agency.
โก 6 Effects Interpreter โ Synthesis
๐World Economy
- โถRussia's growth trend feeds modestly into regional trade flows.
- โถRussia's external balance stays close to equilibrium.
๐๏ธLocal Economy
- โถA tight local labour market keeps job openings plentiful for workers.
- โถInflation is running at a moderate, manageable pace.
๐ฆRates & Banks
- โถThe benchmark lending rate sits near 14.0%, shaping the cost of mortgages and business loans.
- โถLow public debt gives policymakers room to manoeuvre on rates if needed.
โค๏ธHealth
- โถNo unusual macro-driven health strain is implied by the current data.
- โถPublic-health funding is shaped by the government budget balance shown above.
๐ทWealth
- โถSavings are keeping pace reasonably well with the cost of living.
- โถThe budget position implies no unusual near-term tax pressure.
๐ Housing
- โถElevated interest rates make new mortgages notably more expensive.
- โถHousing demand broadly tracks the pace of overall economic growth.
Synthesis generated by the News Effects 6 Effects Interpreter's rule-based engine from the real indicators above. Indicators: IMF DataMapper & World Bank Open Data.