The Russian economy is transitioning, with economic pressures such as inflation, moderate growth and sanctions all contributing to a dampened performance in 2025. However, this is partially offset by significant infrastructure building, high military related output, and increasing foreign reserves and industrial progress in key economic areas. It is also diversifying beyond energy to include new vital technology-driven sectors. Get vital data on Russia’s economy for business decision-making. Analysis of macroeconomic trends, investment climate, and economic policies impacting your operations and investments in the country.
The Russian Ambassador to India, Denis Alipov, has said that over 70,000 Indian workers are now employed in Russia, with more expected to pursue professional opportunities in the country. Alipov stated that “As mutual interest from the business community grows and the agreements reached are implemented, this figure will increase. Looking deeper, this process will […]
On February 4, 2026, Presidents Vladimir Putin and Xi Jinping held a virtual meeting that, at first glance, appeared routine: another annual exchange ahead of the Chinese Lunar New Year, another reaffirmation of strategic partnership, and another set of familiar phrases about multipolarity and stability. Yet any reading that sees this meeting as routine underestimates […]
Commercial gold reserves at deposits in Russia grew by 614 tonnes in 2025, the Natural Resources Ministry has stated. At current (February 2026) prices for gold, these additional reserves are worth about US$97 billion. The top three deposits by reserves growth were the Fyodorovsko-Kedrovskoye deposit in Khakassia, with reserves of 21.7 tonnes of gold and […]
On Tuesday, January 20, Russia’s Foreign Minister Sergey Lavrov convened his traditional annual press conference in Moscow to review the performance of Russian diplomacy in 2025 and set out the foreign policy and economic agenda for 2026. At this event—attended by hundreds of journalists—Lavrov emphasized that the diplomatic focus is no longer solely about geopolitical […]
The St. Petersburg International Mercantile Exchange (SPIMEX) is preparing for trading in platinum bullion, SPIMEX president Igor Artemyev has stated, and is collaborating with Norilsk Nickel on the matter. The Russian Ministry of Finance also has a specific interest in organizing the trading, though legislation will be required to permit such trade. Artemyev said, “We […]
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Moldova has launched the procedure for officially withdrawing from the Commonwealth of Independent States (CIS), Foreign Minister Mihai Popsoi has said. The CIS was formed in 1991 after the collapse of the USSR to promote cooperation regarding economic, political, and security issues among the former Soviet republics. It currently includes Armenia, Azerbaijan, Belarus, Kazakhstan, Kyrgyzstan, […]
The new threats by US President Donald Trump to place an additional 25% tariffs on European exports entering US markets emphasize just how naïve European politicians have been when it comes to international diplomacy and foreign affairs. In threatening such measures should the EU (and specifically Denmark) do not agree to cede Greenland to the […]
The Moscow Arbitration Court has granted the application of the Central Bank of Russia (CBR) to consider the regulator’s lawsuit against the Belgian depository Euroclear for €200 billion in a closed court session. The decision was confirmed on Friday (January 16). A statement issued by the bank read, “The Central Bank of Russia requests to […]
In 2025, Russia-China trade entered a new and more complex phase. After four consecutive years of uninterrupted expansion, bilateral trade turnover declined for the first time since the covid pandemic in 2020. According to Chinese customs data cited by Russia’s Trade Representative to China Alexey Dakhnovsky, two-way trade fell by 6.9% year-on-year, reaching US$228.105 billion. […]
Aleksandr Zamyatin, the head of the strategic projects implementation direction at JSC GLONASS, has stated that growth of 20-30% in the Russian drone market sector will be achieved due to the “Russification” of equipment and the appearance of competent domestic services. The Russian unmanned aviation market in 2026 may exceed ₽40 billion (US$508 million), demonstrating […]
Predictions of the collapse of the Russian economy have been ongoing now for over a decade, with statements continuing to be made that this event is shortly to occur. Why do these statements continue to be repeated, and what is driving such beliefs? When sanctions were originally imposed upon Russia back in 2014 – a […]
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