Putin: Russia's economy is expected to grow by 1% in 2025. The slowdown aligns with previous forecasts and reflects ongoing adjustments in the global market. Despite challenges, Russia remains committed to economic stability and growth strategies.

2026-02-03 18:55:25

Russian President Putin on the 3rd stated that Russia’s GDP growth in 2025 will be 1%, and the slowdown is in line with expectations.

During a meeting on economic issues in Moscow on the same day, Putin said that in 2025, Russia’s economic growth rate will be lower than 4.1% in 2023 and 4.3% in 2024. He noted that the economic slowdown in 2025 is expected, mainly due to targeted measures aimed at reducing inflation.

Putin introduced that Russia’s inflation rate in 2025 has already decreased to 5.6%, down from 9.5% in 2024. Additionally, as of January 26, the annualized inflation rate in Russia this year is 6.4%. Putin expects that Russia’s inflation rate may drop to 5% this year.

In December 2025, during the “Annual Review” event, Putin stated that Russia’s GDP growth rate in 2025 is expected to be 1%, with a cumulative growth rate of 9.7% over the past three years.

(Source: Xinhua News Agency)

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