IMF Cuts Russia’s 2026–27 Growth Outlook to 0.8% and 1.0%

Overview

• The revised forecasts reduce Russia’s growth by 0.2 percentage points for 2026 and by 0.1 point for 2027 versus the previous IMF outlook.
• The update comes in the IMF’s report released January 19, 2026, as reviewed by RIA Novosti.
• The IMF keeps its estimate for Russia’s 2025 GDP growth at 0.6%, signaling no change for the current year’s outlook.
• Russia’s Economy Ministry projects stronger growth than the IMF, targeting 1.0% in 2025, 1.3% in 2026, and 2.8% in 2027.
• The IMF figures imply only a modest pickup in Russia’s expansion from 0.8% in 2026 to 1.0% in 2027.