Russia Reports 2025 Economic Stabilization, Plans Near-Term Tests of Digital Ruble

Overview

• Prime Minister Mikhail Mishustin told the State Duma that inflation fell to 5.6% in 2025, crediting joint measures with the central bank and a supply-side policy.
• GDP grew 1% last year with cumulative growth above 10% over three years, while unemployment remained at 2.2%.
• Non-primary, non-energy exports rose about 9.5% to nearly 13 trillion rubles, with 86% of trade conducted with declared friendly states.
• Roughly one fifth of total foreign trade operated on preferential terms, and inflows to fixed assets stayed around the prior year’s level.
• Officials said active testing of the digital ruble infrastructure will start soon, and weapons and equipment deliveries to the special operation zone increased by tens of percent in 2025.