Janis Kluge
Russia & Economics
All views private
German Institute for International and Security Affairs (SWP Berlin)
Picture: Tamek Kowalski
- Just 393.3 billion rubles in oil and gas revenue for Russia's budget in January. That is the lowest figure since the 2020 Covid oil price crash - in nominal terms, not considering inflation etc.
- Russian oil and gas revenue was just 2.0% of GDP in January. If I'm not mistaken, that is a record low for the whole Putin era (since 2000). Here is the data since 2011.
