Russian GDP growth estimated at 3.1% in Q3 2024

Business & Economy November 13, 20:30

Rosstat confirmed earlier national GDP growth by 4.1% year on year in the second quarter of 2024

MOSCOW, November 13. /TASS/. The Russian Federal State Statistics Service (Rosstat) provisionally estimated national GDP growth in the third quarter of 2024 at the level of 3.1% year on year, according to statistical data.

Rosstat confirmed earlier national GDP growth by 4.1% year on year in the second quarter of 2024.

The processing sector was the main driver for GDP dynamics, with the machinery segment making the greatest contribution. High indicators were demonstrated by production of individual kinds of motor vehicles and equipment, including railcars and locomotives.

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