In 2019，Russia’s economy grew at a low rate and the GDP growth at current value was 1.3%. The economic growth was lower at the beginning of the year and became higher at the end. In the first and second quarters，the Russian economy obviously lacked vitality but it showed signs of speeding up after September. Traditional industries such as mining and processing have contributed a major part of economic growth. Stagnation in consumption growth，sluggish investment growth，and negative growth in exports have negatively affected the economic growth. The price level in Russia was basically stable throughout the year. In the third and fourth quarters，there were even signs of deflation. The annual unemployment rate was 4.6%，the actual disposable income of residents increased slightly by 0.8%，and the natural population growth rate turned negative again. The finance was in a good condition the debt risk remained at a low level. The balance of payments continued to improve，and financial risk was manageable. But the 2018 pension reform，value-added tax reform，prudent and conservative fiscal and monetary policies，weak global economic growth，and low energy prices have all put pressure on Russia’s economic growth.