Russia is one of the few countries in the G20 where economic GDP growth is expected to accelerate this year, reaching 2.2%. says In the report on trade and development from this year’s UN Conference on Trade and Development (UNCTAD).
According to the report, strong development is expected in Brazil, China, Japan and Mexico, as well as Russia. Considering certain fluctuations among G20 countries, it is anticipated that an acceleration in G20 growth rates will occur in these countries. At the same time, specific forecast indicators are given for Russia – 2.2% in 2023 and 2% in 2024, which are higher than the forecasts of other foreign economic departments.
Ministry of Economic Development of Russia in September developed Under the influence of more positive external economic conditions, the forecast for the domestic economy this year increased from 1.2% to 2.8%. The Central Bank expects a growth of 1.5-2.5 percent in 2023 and 0.5-1.5 percent a year later.
It was previously known what indicators reached Russian economy during the summer.