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    9 of August, 2017Research year: 2017
    Characteristics of the Russian economy July 2017

    In this brief analysis, the current Russian economic characteristics are demonstrated through macroeconomic indicators, and the Russian-Hungarian trade relations are also examined. The Russian economy had a crisis due to the decline of the oil prices and the sanctions against the country that started in 2014; at the end of 2016 a slow recovery could be observed. The economic performance is still highly dependent on the oil trade which means a risk for the country. Russia’s long-term growth potential regardless of the currently expected short-term boom is not significant, primarily because of the low and decreasing productivity.

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    Related research fieldMacroeconomy