Russia Achieves 4% Economic Growth in Q1 2012

2012-05-07

Russia’s Ministry of Economic Development states the country’s economic growth in Q1 2012 increased 4% compared to that of 2011, estimating the GDP in 2012 would reach RUB59 trillion (about USD2 trillion). According to the Purchasing Power Parity, the Russia’s GDP size will remain in the sixth place in the world.