Socio-Economic Development of Russia in 2023–2025: Growth Trend Continues

Abstract

The article examines the results of the socio-economic development of Russia in 2023, analyzes trends and provides forecasts for the strategic development of the national economy as a whole and its leading industries for 2024–2025, using mathematical and statistical methods.Based on macroeconomic statistics, a comparative analysis of development trends in the Russian and world economies is carried out, primarily in terms of such key development indicators as gross domestic product (GDP), industrial production, investment, inflation, and foreign trade. The authors identified bottlenecks and assessed the impact of new strategic initiatives on forecasts of socio-economic development in the period under review. The shortcomings of the current management system are analyzed, and measures aimed at overcoming the structural crisis are proposed. The need to improve state socio-economic policy is substantiated.It is noted that the Russian economy, despite the strengthening of sanctions by the collective West, has increased the sustainability of its development and the level of technological and scientific sovereignty. The article highlights shortcomings and a number of unresolved issues of import substitution and imperfect logistics of production and foreign economic relations, which create threats of decline of GDP and the level of technological sovereignty in the future.The paper substantiates the possibility of transforming all sectors and spheres of the national economy when implementing the plan presented in the Address of the President of the Russian Federation to the Federal Assembly.