Russian GDP grows 4.5% in Dec 2024, 4.1% over past year, 2023 GDP growth estimate revised to 4.1% - PM

MOSCOW. Feb 7 (Interfax) - The Russian GDP growth in 2024 is preliminary estimated at 4.1%, Russian Prime Minister Mikhail Mishustin said at a meeting with Russian President Vladimir Putin on Friday, citing data from the Federal State Statistics Service.

"Rosstat has provided the first estimate, according to which Russia's gross domestic product grew 4.1%, or 0.2% more than expected in the official forecast. This exceeds our expectations. By the way, we saw 4.5% growth in December," Mishustin said.

He said the nominal GDP hit an all-time high of 200 trillion rubles last year.

"Additionally, Rosstat updated data for the three previous years. Our third estimate was for the 2023 GDP, which grew an additional 0.5%, totaling 4.1%, instead of 3.6%," Mishustin said.