IMF Lowers Russia 2026 Growth Forecast
- The International Monetary Fund on Monday lowered it's forecast for Russia's economic growth to 0.8% in 2026 as it raised the global outlook to 3.3%.
- Previously, the IMF forecast Russia's 2026 GDP growth at 1% before cutting it by 0.2% in the latest World Economic Outlook update.
- The Washington-based institution's projection places Russia below both the emerging market average growth of 4.2% and that of advanced economies of 1.8% this year.
The International Monetary Fund on Monday lowered it’s forecast for Russia’s economic growth to 0.8% in 2026 as it raised the global outlook to 3.3%.
Previously, the IMF forecast Russia’s 2026 GDP growth at 1% before cutting it by 0.2% in the latest World Economic Outlook update.
The Washington-based institution’s projection places Russia below both the emerging market average growth of 4.2% and that of advanced economies of 1.8% this year.
Russia’s Central Bank has projected 2026 GDP growth between 0.5% and 1.5%. The Economic Development Ministry projected growth of 1.3%.
The IMF kept Russia’s 2025 growth estimate at 0.6%, a steep slowdown from the 4.3% GDP growth it recorded in 2024 amid surging defense spending. it projected Russia’s GDP to grow 1% in 2027.
globally, the IMF upgraded its 2026 growth forecast