Russia’s GDP growth higher than G7

The International Monetary Fund (IMF) forecasts that Russia’s economy will grow faster than all advanced economies in 2024, including those of the G7 group of nations


TEN YEARS OF GDP GROWTH (annual % change)
10
8
6
4
2
0
-2
-4
-6
-8 
-10 
-12
	2015 2016 2017 2018 2019 2020 2021 2022 2023 2024

Covid pandemic crash and rebound
Russia
                                          
KEY
Country 2024
	Russia 3.2%
G7	U.S. 2.7%
        Canada 1.2%
   	Japan 0.9% 
	Italy 0.7% 
	France 0.7% 
	UK 0.5% 
	Germany 0.2%
                   

Sources: BBC, IMF 
Illustration sources: Getty, Nikolay Vorobyev (Unsplash) 
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