Economy in focus
NewsBudget
Russia's nine-month federal deficit narrows to 5.186 trillion rubles
Preliminary execution shows a smaller accumulated shortfall, with revenue and spending following different growth paths.
Russia Economy: Evidence and context for Russia's economy
NewsEnergy
Russia's September oil and gas revenue falls 22.3 percent from a year earlier
ExplainerEconomy
Russia's regional economy: Moscow, resources and uneven growth
ExplainerBanking
Russia's housing and mortgage market: subsidies, rates and construction
ExplainerRuble
Russia's capital controls: currency rules and what changed
- USD/RUB, official
- EUR/RUB, official
- Key rate14%
- Inflation, year over year6.35%
- Real GDP growth1%
- Unemployment2.2%
- Brent, annual average69.1 $/bbl
Values come from official sources and show their observation dates; live reference rates are indicative, not transaction quotes.
AnalysisRuble
Russia's September inflation reaches 6.35 percent ahead of October rate meeting
Final monthly CPI and the central bank's underlying measures describe persistent pressure without determining the next policy decision.
ExplainerBudget
Russia's tax system: the 2025 reform and the 2026 VAT change
Tax bases, government allocations and payment timing explain more than a list of headline rates.
ExplainerEnergy
Russia's gas exports: pipelines, LNG and the shift away from Europe
Gas can reach a new market only through operating infrastructure, suitable contracts and commercially workable routes.
ExplainerEnergy
Russia's oil price cap and the Urals discount explained
The legal cap, the market discount and the tax reference describe different prices, with different implications for revenue.
NewsBanking
Russia's August unsecured consumer lending accelerates as corporate credit grows
The Bank of Russia's September 22 release shows faster unsecured consumer borrowing, continued corporate credit expansion and a small fall in household deposits.
NewsRuble
Russia's official dollar rate falls as October currency purchases increase
The ruble strengthened slightly between the official rates effective September 17 and October 17, while the budget-rule announcement set out larger planned currency purchases.
Energy and commodities
Understand how prices, production and export routes connect resource markets to the wider economy.
MoreExplainerEnergy
Russia's gas exports: pipelines, LNG and the shift away from Europe
Gas can reach a new market only through operating infrastructure, suitable contracts and commercially workable routes.
ExplainerEnergy
Russia's oil price cap and the Urals discount explained
ExplainerEnergy
Oil and gas in Russia's economy: revenue, exports and dependence
Trade and sanctions
Track the rules, payment channels and commercial relationships shaping cross-border trade.
More
ExplainerTrade & Sanctions
What Russia exports: energy, metals, grain and fertilizer
Energy remains central to Russia's export earnings, alongside metals, food and chemicals. Understanding the mix requires separating prices from quantities and customs from external accounts.
EU targets Russian oil-trade and payment networks with new listings
ExplainerTrade & Sanctions
Russia and China: trade, energy and payments explained
Understand the essentials
Start with clear guides to the institutions and forces behind the headlines.
Reference libraryExplainerBudget
Russia's tax system: the 2025 reform and the 2026 VAT change
ExplainerBusiness
Russian industry: manufacturing, defense output and import substitution
ExplainerEconomy
Russia's labor market: low unemployment, labor shortages and wages
ExplainerMarkets
Russian government bonds (OFZ): how the state borrows at home
ExplainerMarkets
The Moscow Exchange explained: markets, settlement and investor access
ExplainerRuble
The digital ruble explained: what launched and how the rollout works
Explore the data
Compare currencies, purchasing power and economic indicators, or trace major events through time.
- Ruble converterConvert between the ruble and supported currencies using dated official Bank of Russia rates. These are reference values, not offers to exchange money.
- Inflation calculatorCompare the national consumer-price purchasing power of a ruble amount between selected years. Completed years use December prices; the 2026 endpoint uses the latest supported month.
- Economic indicatorsRead Russia’s main economic indicators with their units, periods and sources. Annual observations, monthly releases and official live reference values measure different things.
- Economic timelineTrace major developments in Russia’s economy from the end of the Soviet period to October 16, 2026. Search the events and follow related explainers for the wider context.
The longer perspective
Use historical reporting and reference material to put policy changes and economic shocks in context.
MoreExplainerEconomy
Russia's regional economy: Moscow, resources and uneven growth
ExplainerBanking
Russia's housing and mortgage market: subsidies, rates and construction
ExplainerRuble
Russia's capital controls: currency rules and what changed
- 2026The EU lists additional people and entities over sanctions circumvention
- 2026September consumer-price data are released
- 2026Preliminary nine-month budget execution is reported
- Full timeline
Partner content
Articles about companies, services and projects relevant to our economic coverage, clearly labeled and separate from editorial reporting.
All partner content
Partner contentCoursera
Using Coursera to build skills for reading economic evidence
Online courses can support statistical skills, but readers need to check course scope, access restrictions and what a certificate means.
Partner contentOpenSanctions
How OpenSanctions supports sanctions research and identity checks
The database connects public records, but a name match or relationship is not a legal ruling about a person or transaction.
Partner contentDBnomics
How DBnomics helps researchers find and assess economic data
The free data platform simplifies retrieval, while definitions, revisions and source limitations remain the researcher's responsibility.