Europe · World Bank data · updated Sep 28, 2026

Russia economy forecast

For 2026 the model expects inflation of 5.2%, GDP growth of 2.7% and unemployment of 2.2% in Russia.

Inflation

CPI, annual %

5.2%

2026 forecast

Latest · 2025: 8.7%▼ −3.5 pp

GDP growth

Annual %

2.7%

2026 forecast

Latest · 2025: 1.0%▲ +1.7 pp

Unemployment

% of labor force, ILO modeled

2.2%

2026 forecast

Latest · 2025: 2.1%▲ +0.1 pp

GDP per capita

Current US$

$16,206

2026 forecast

Latest · 2025: $17,547▼ −7.6%

Population

Population, total

143.3M

2026 forecast

Latest · 2025: 143.5M▼ −0.2%

Russia at a glance, 2026–2028

IndicatorLatest202620272028
Inflation8.7% 20255.2%6.2%7.6%
GDP growth1.0% 20252.7%2.7%2.9%
Unemployment2.1% 20252.2%2.2%2.2%
GDP per capita$17,547 2025$16,206$16,093$15,769
Population143.5M 2025143.3M143.3M143.3M

Medians; each indicator's page shows its 80% range and backtest.

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Statistical model, not financial advice. Forecasts are automatic outputs of TimesFM 2.5 on public data; outcomes land outside the 80% range about one time in five.