Russia's GDP grows 4.6 pct in 2021-Xinhua

Russia's GDP grows 4.6 pct in 2021

Source: Xinhua

Editor: huaxia

2022-02-10 04:02:03

Russian ruble banknotes are seen with the U.S. dollars in the backdrop on March 2, 2021. (Xinhua/Shi Hao)

In December, the GDP growth stayed at a stellar level of 4.3 percent.

MOSCOW, Feb. 9 (Xinhua) -- Russia's gross domestic product (GDP) expanded 4.6 percent in 2021, the country's Ministry of Economic Development announced on Wednesday.

In December, the GDP growth stayed at a stellar level of 4.3 percent year on year despite a high base, the ministry said in a statement.

A dynamic manufacturing sector and industries focused on consumer demand mainly contributed to the economic recovery last year, it noted.

Russia's GDP dropped 2.7 percent in 2020 due to the COVID-19 pandemic, after growing 1.8 percent in 2019. 

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