The International Monetary Fund has upgraded its outlook for the Russian economy’s performance in 2026. According to the updated forecast, Russia’s GDP is projected to grow by 1.1%, up from the 0.8% previously anticipated. In 2027, the growth rate is expected to remain steady at 1.1%.

Meanwhile, the global economy is projected to grow at a significantly faster pace. According to the Fund’s estimates, global GDP will expand by 3.1% in 2026 (down from the 3.3% previously expected) and by 3.2% in 2027.

Among the world’s major economies, growth forecasts remain mixed. Growth is projected at 2.3% in the United States, 1.1% in the Eurozone, 4.4% in China, 0.7% in Japan, and 6.5% in India—which remains the highest growth rate among major nations.

Separately, the Fund highlighted trends in price dynamics. Global inflation is expected to stand at 4.4% in 2026, before declining to 3.7% in 2027.