E-commerce market value in the view of COVID-19 Russia 2020-2024

A steadily growing e-commerce market in Russia was projected to be enhanced by the coronavirus pandemic. Namely, the lockdown of offline retail businesses and the further precautionary norms regarding self-isolation promoted a digital commerce growth in the country. Therefore, by 2024, the market was estimated to mark 7.2 trillion Russian rubles in value, over 1.5 trillion Russian rubles higher than the estimated level under the baseline scenario.

Forecast e-commerce market value in Russia influenced by the coronavirus (COVID-19) pandemic from 2020 to 2024

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Sources

In cooperation with
Data Insight (RU)
Release date

July 2020

Region

Russia

Survey time period

2020

Supplementary notes

Forecast data from 2020 to 2024 is based on estimates of Ministry of Economic Development of the Russian Federation from May 2020. Fuel and vehicle sales are not taken into consideration for retail trade turnover estimates.

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Statistics on "Coronavirus (COVID-19) in Russia"

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