About This Statistic
The statistic shows the growth of the real gross domestic product (GDP) in Russia from the third quarter 2014 to the third quarter 2016. GDP refers to the total market value of all goods and services that are produced within a country. It is an important indicator of the economic strength of a country. Real GDP is adjusted for price changes and is therefore regarded as a key indicator for economic growth. In the third quarter of 2014, the real GDP in Russia grew by 0.9 percent compared to the same quarter of the previous year.