Page 15 - RusRPTMar21

2.3 The effects of coronavirus will affect the Russian demographics for a decade
The coronavirus will affect the Russian economy through demographics. Excess mortality will directly affect the statistics of the next years The demographic "tail" of the pandemic will last for a decade, even if Russians stop dying from the coronavirus in 2022, writes RBC, citing the calculations of the ACRA rating agency. And the economic effect of the demographic collapse of 2020–2021 will reduce the already modest growth potential of the Russian economy.
According to ACRA estimates, only additional mortality in 2020–2021 and loss of working days due to temporary disability will reduce Russia's real GDP in
15 RUSSIA Country Report March 2021 www.intellinews.com