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Russia’s GDP Growth Estimated at 3.1% in Q3 2024 – Business & Economy
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Russia’s GDP Growth Estimated at 3.1% in Q3 2024 – Business & Economy

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

Rosstat confirmed a previous increase in national GDP by 4.1% year-on-year in the second quarter of 2024.

The manufacturing sector was the main driver of GDP growth, with the machinery segment making the biggest contribution. High indicators were demonstrated by the production of individual types of motor vehicles and equipment, including wagons and locomotives.