The International Monetary Fund (IMF) has revised its economic forecast for Russia, lowering the 2025 GDP growth projection by 0.3 percentage points to 0.9% annual growth. This adjustment reflects ongoing economic challenges in the country.
The revision marks a 0.3 percentage-point downgrade from the IMF’s July estimate of 0.9% annual GDP growth. The IMF has been monitoring Russia’s economic performance closely, particularly in light of the geopolitical tensions and sanctions that have impacted the region. Analysts suggest that the downward revision is a result of prolonged economic challenges, including a contraction in oil and gas exports and a slowdown in domestic consumption.
The updated forecast is part of the IMF’s quarterly review of global economic conditions. The organization has also expressed concerns about the broader implications of the economic slowdown for the region and the global economy. Despite the downward revision, the IMF remains cautiously optimistic about Russia’s long-term economic resilience, albeit under heightened uncertainty.