Zapad-2017: Large-scale Russia-Belarus military exercisesMilitary & Defense September 19, 16:31
Rosatom, India agree on construction site for new NPP of Russian designBusiness & Economy September 19, 16:19
Kaspersky Lab expects US Congress to take into account company’s argumentsBusiness & Economy September 19, 15:32
Over 20,000 people evacuated over bomb threats in Moscow and 3 other Russian regionsSociety & Culture September 19, 15:25
Putin calls to ensure independence of defense developments from foreign componentsMilitary & Defense September 19, 15:07
Russia's advanced Sukhoi Su-35S fighter put into operationMilitary & Defense September 19, 14:42
Siberian researchers design key details for Large Hadron ColliderScience & Space September 19, 14:37
Saakashvili vows to take ‘people’s demands’ to Kiev's authorities on October 17World September 19, 13:57
Russia and Paraguay ink cooperation deal on peaceful uses of atomic energyBusiness & Economy September 19, 13:27
MOSCOW, February 2. /TASS/. The decline of Russia's GDP in 2015 amounted to 3.7%, the Russian Federal Statistics Service (Rosstat) said Tuesday, thus confirming its preliminary forecast.
The GDP in 2015 at current prices amounted to 80.41 trillion rubles ($1.01 trillion).
According to Rosstat, the largest increase at the end of last year was recorded in agriculture (3.5% yoy), the activities of households (1.4%), mining (1.1%), as well as the field Health and Human Services. services (+ 0.3%).
The largest drop was noted in the segment of wholesale and retail trade (-10.1%), construction (-7.5%), manufacturing (-5.5%), hotels and restaurants (-5.2%).
The share of final consumption expenditure in the Russia’s GDP at the end of 2015 was 71.6%, which is 0.6 percentage points less than in 2014 (72.2%). This was due to a decrease in the share of household expenditure by 0.6 percentage points - to 52.6% in GDP. In turn, the share of net export in GDP increased by 1.4 percentage points up to 8%.
In monetary terms, household expenditures totaled 43.3 trillion rubles ($548.12 bln) against 41.43 trillion rubles ($524.4 bln) last year, state administration - 15.48 trillion ($196.04 bln) against 14.61 trillion rubles ($185.02 bln).
Earlier, Economic Development Minister Alexey Ulyukayev estimated decline of Russia's GDP at 3.9%.