Page 89 - RusRPTAug24

GDP: Forecast for 2024 has been raised by 0.3 pp to 3.2%. Analysts expect GDP to grow by 1.7-1.8% in 2025-2027. The median estimate of the long-term GDP growth rate has slightly increased to 1.6% (+0.1 pp). According to analysts, the GDP growth in 2027 to the 2021 level will total +11.1%.
Unemployment rate: Analysts expect that unemployment will decline to 2.6% (-0.2 pp) in 2024, increase to 2.8% (-0.2 pp) in 2025 and then return to the 2023 level of 3.0%.
89 RUSSIA Country Report August 2024 www.intellinews.com