Russian macroeconomicsbeta

Real GDP, quarter on quarter, seasonally adjusted annualised rate

GDP_QOQ_SAAR · Economic growth

The current momentum of real activity: the quarter-on-quarter change in GDP, annualised.

Latest value
3.77%
Period Q2 2026 · Published Sep 15, 2026, 10:57 AM MSK

How to read it

The earliest available read on a turn: the annual rate lags a turning point by up to three quarters, this one does not. The price is noise - annualising multiplies a single quarter's random variation by four - so a single reading should not be read on its own. It is meant to be read beside the annual rate, and the divergence between them is the signal.

How it is measured

Rosstat publishes real GDP as a seasonally adjusted level in constant prices. This is the ratio to the previous quarter raised to the fourth power: (GDP_t / GDP_t-1)^4 - 1. It is computed only across two consecutive quarters; a gap in the series produces no value.

History

DateValue
Q2 20263.77%
Q1 2026-1.51%
Q4 20252.53%
Q3 20250.46%
Q2 2025-0.16%
Q1 2025-0.97%
Q4 20243.86%
Q3 20242.26%
Q2 20241.92%
Q1 202410.11%
Q4 20231.42%
Q3 20237.22%