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.
Russian academics have begun questioning the level of economic and political intelligence being cited by the West when it comes its collective analysis of Russia, with many perplexed about how the West so consistently sticks to its statements that it is being threatened by Russia, that the country is collapsing, and economic decline is imminent. […]
The Kyiv School of Economics (KSE) has become the de facto go-to resource for Western economic intelligence about both Ukraine and Russia, with especially the Financial Times regularly quoting its research and statistics. Yet how impartial and honest is its data? The KSE functions as a non-state think tank, however, is funded by donors such […]
First, the good news: Russia doubled its diamond exports to India year on year in August, according to data from India’s Ministry of Commerce and Industry. They surged to a value of US$31.3 million in August 2025, more than double the US$13.4 million recorded in August 2024. Russia is the world’s largest producer of rough […]
The Russian Prime Minister Mikhail Mishustin and Chinese President Xi Jinping have met with their respective business delegations at the Great Hall of the People in Beijing. Mishustin was accompanied by Deputy Prime Ministers Tatyana Golikova, Dmitry Chernyshenko, Yury Trutnev and Alexander Novak, Ambassador of the Russian Federation to China Igor Morgulov, Minister of Agriculture […]
Over the past few weeks, grumbles of discontent have begun emerging from the European population, about what appears to economic issues directly created by sanctions imposed upon Russia. These range from Finnish resorts bemoaning the lack of Russian tourists, Italian resorts closing, and Lithuanian cigarette smugglers causing chaos over ballooning in cheap products from Belarus. […]
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Russia, so often disparagingly referred to as just a ‘gas station’, is rapidly diversifying its economy, with non-primary, non-energy (NPNE) exports now providing just over 12% of Russia’s Gross Domestic Product (GDP), according to the results of the first half-year 2025. The statement was made by Mikhail Mishustin, the Chairman of the Russian Government, citing […]
The US administration has placed full sanctions on Russia’s Rosneft and Lukoil, and threatened secondary sanctions on companies that service them. These companies handle about 50% of all Russia oil production and exports. We look at the likely impact of these moves. Freezing of all Rosneft and Lukoil assets in the United States Neither have […]
The Russian Deputy Prime Minister, Alexander Novak, has met with Aidarus al-Zoubaidi, the Chairman of the Presidential Council of Yemen, and the head of the Southern Transitional Council, in Moscow. The two sides discussed a broad range of issues concerning trade and economic cooperation. Novak stated that “Russia and the Republic of Yemen are connected […]
Central Asia’s e-commerce market reached approximately US$14.7 billion in 2024, up from US$11.1 billion in 2023, driven by increasing internet penetration (now over 80% in urban areas) and smartphone adoption, according to data released by the IMARC Group. When considering this, it is pertinent to note the size of the two main bordering e-commerce markets […]
Russian private investment into its national transport development projects, financed under Public-Private Partnership (PPP) agreements, has reached ₽246 billion (US$3 billion) in the first nine months of 2025, according to Natalya Morshchikhina, Director of the Department of Financial and Banking Activities and Investment Development of the Russian Ministry of Economic Development. She was speaking at […]
Russia’s Alfa-Bank is discussing the idea of creating a second payment system in Russia with market participants, with the Central Bank of Russia ready to support an alternative if the banks agree. Alfa-Bank Chief Managing Director Vladimir Verkhoshinsky has stated “The idea is out there, and you’ve shown some preliminary support for it: creating a […]
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