OREANDA-NEWS Anti-Russian sanctions will slow down the country's GDP growth by about 1-1.5% a year, RBC writes with reference to the consensus forecast on the prospects of Russia's economic development until 2030, which was prepared by the Higher School of Economics. For the study, 17 macroeconomists from public and private organizations were interviewed, said Gazeta.ru.

Given the slowdown of the country's GDP growth, incomes of the population will lag behind the growth of the economy. The total cost of the economy will grow. They will replace labor costs.

By 2030, the share of exports in Russia's economy will decrease by 5-7 percentage points compared to the current share in GDP. According to the World Bank, in recent years the share of exports in Russia's GDP has been in the range of 25-30%.

The main risks for the economy until 2030 will be the loss of macroeconomic and social stability, technological backwardness, as well as the intensification of demographic problems.

On June 1, it was reported that Russia's GDP in annual terms declined by 3% in April against the backdrop of sanctions. The data were indicated in the review "On the current situation in the Russian economy", prepared by the Ministry of Economic Development of the country.