OECD boosts Russia’s ’24 GDP growth forecast to 2.6%

Russia’s GDP is likely to increase by 2.6 per cent in 2024, according to the Organisation for Economic Co-operation and Development‘s (OECD) updated Economic Outlook released on Thursday. The figure is up from its OECD’s Interim Economic Outlook issued in February, of 1.8 per cent.

The report further anticipated that the Russian economy will experience a growth rate of 1 per cent in 2025.