BOFIT Forecast for Russia 2021–2023 / 1

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Titel: BOFIT Forecast for Russia 2021–2023 / 1
Institution: Bank of Finland
Avdelning / Enhet: Bank of Finland Institute for Emerging Economies (BOFIT)
Serie: BOFIT Forecast for Russia
Serienumber: 1/2021
Utgivningsår: 2021
Utgivningsdatum: 16.3.2021
Sidor: 6
Subject (yso): talouskasvu; taloudelliset ennusteet; taloudellinen kehitys; ennusteet
Nyckelord: Bofit-kokoelma; Venäjä; taloudelliset katsaukset
Andra nyckelord: Russia; forecast; economic development; economic forecast; economic growth
Abstrakt: We have raised our economic forecast for Russia from last autumn to reflect the rise of oil prices and price expectations. The impacts of covid-19 on Russia were also less severe than anticipated. We see Russia’s GDP recovering from last year’s dip to growth of almost three per cent this year and next. Significant uncertainties continue to surround the outlook. Russia and the rest of the world may struggle longer with covid, oil markets remain sensitive, and, like many economies, the Russian economy is at an inflection point with regards to recovery. Growth will slow after next year, approaching its long-term future trajectory.
Anmärking: Published also in Finnish by the name BOFIT Venäjä-ennuste.

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