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  • Monthly Bulletin of Economic Trends

    Contents: Hungarian National Bank: Hungary’s competitiveness needs to be improved Educational attainment and prejudice International trends

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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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  • Paper (paper, pdf, 420.51 KB)
Related research fieldMacroeconomy