The gross domestic product (GDP) of Russia reached nearly 2.2 trillion U.S. dollars in 2024, having increased from the previous year. In the period between 2025 and 2030, the country's economy was expected to continue growing. GDP refers to the total market value of all goods and services that are produced within a country per year. It is an important indicator of the economic strength of a country. Russian economy The Russian economy is primarily directed by both the private sector and the state. As a member of the BRIC, Russia is currently experiencing an accelerated growth within the economy with a chance of earning a place in the G7 economies. As of the 1990s, a large amount of the country’s industrial and agricultural sectors were privatized, however energy and military production remained with the state for the most part. Thus, the majority of Russian exports consisted of energy products as well as high-tech military equipment. The effects of the global financial crisis of 2008 took a similar toll on the Russian economy, however only had short-term effects. Russia recovered after two years and has since experienced exponential economic growth and productivity due to aggressive and prompt actions from the government, providing Russia with one of the most profitable economies in the world. Additionally, unemployment reached an all-decade low from the recent Russian economic boom, which furthermore implies that there is a slight growth in wages, however is also accompanied by a large worker shortage.

Key information about Russia Market Capitalization: % of GDP

• Russia Market Capitalization accounted for 2.8 % of its Nominal GDP in Dec 2024, compared with a percentage of 2.9 % in the previous year
• Russia Market Capitalization: % Nominal GDP is updated yearly, available from Dec 1997 to Dec 2024
• The data reached an all-time high of 33.3 % in Dec 2003 and a record low of 2.8 % in Dec 2024

CEIC calculates annual Market Capitalization as % of Nominal GDP from monthly Market Capitalization and annual Nominal GDP. Moscow Exchange provides Market Capitalization in USD. Federal State Statistics Service provides Nominal GDP in local currency. The Bank of Russia average market exchange rate is used for currency conversions

In 2022, the highest gross regional product (GRP) in Russia was measured in the capital city Moscow, where it amounted to 28.5 trillion Russian rubles. The Tyumen Oblast had the second-highest GRP, at 13.9 trillion Russian rubles.

Full Year GDP Growth in Russia increased to 4.10 percent in 2024 from 3.60 percent in 2023. This dataset includes a chart with historical data for Russia Full Year Gdp Growth.

Population: CF: City of Moscow data was reported at 13,258,262.000 Person in 2024. This records an increase from the previous number of 13,149,803.000 Person for 2023. Population: CF: City of Moscow data is updated yearly, averaging 11,139,139.500 Person from Dec 1989 (Median) to 2024, with 36 observations. The data reached an all-time high of 13,258,262.000 Person in 2024 and a record low of 8,880,124.000 Person in 1989. Population: CF: City of Moscow data remains active status in CEIC and is reported by Federal State Statistics Service. The data is categorized under Global Database’s Russian Federation – Table RU.GA002: Population: by Region.

The Second World War's Eastern Front, the largest theater of war in history, was largely dominated by the conflict between Germany and the Soviet Union. The two countries had agreed upon an unexpected peace pact in 1939, with the joint invasion and partition of Poland, but this peace was broken in June 1941 when Germany invaded the Soviet Union during Operation Barbarossa. Germany's economic and technological superiority, alongside its Blitzkrieg military strategy, allowed it to gain the upper hand in the early stages of the conflict. Within six months the Germans had pushed the frontlines back to Moscow, and almost 40 percent of the Soviet population now lived in occupied territory. German gains at the expense of the Soviets was reflected in the changing balance of their economies - Germany's GDP grew each year until 1944, whereas the Soviet GDP fell by one third between 1940 and 1942.

countries capital city Moscow. name, long name, population (source), population, constitutional form, drives on, head of state authority, Main continent, number of airports, Airports - with paved runways, Airports - with unpaved runways, Area, Birth rate, calling code, Children under the age of 5 years underweight, Current Account Balance, Death rate, Debt - external, Economic aid donor, Electricity consumption, Electricity consumption per capita, Electricity exports, Electricity imports, Electricity production, Exports, GDP - per capita (PPP), GDP (purchasing power parity), GDP real growth rate, Gross national income, Human Development Index, Health expenditures, Heliports, HIV AIDS adult prevalence rate, HIV AIDS deaths, HIV AIDS people living with HIV AIDS, Hospital bed density, capital city, Currency, Imports, Industrial production growth rate, Infant mortality rate, Inflation rate consumer prices, Internet hosts, internet tld, Internet users, Investment (gross fixed), iso 3166 code, ISO CODE, Labor force, Life expectancy at birth, Literacy, Manpower available for military service, Manpower fit for military service, Manpower reaching militarily age annually, is democracy, Market value of publicly traded shares, Maternal mortality rate, Merchant marine, Military expenditures percent of GDP, Natural gas consumption, Natural gas consumption per capita, Natural gas exports, Natural gas imports, Natural gas production, Natural gas proved reserves, Net migration rate, Obesity adult prevalence rate, Oil consumption, Oil consumption per capita, Oil exports, Oil imports, Oil production, Oil proved reserves, Physicians density, Population below poverty line, Population census, Population density, Population estimate, Population growth rate, Public debt, Railways, Reserves of foreign exchange and gold, Roadways, Stock of direct foreign investment abroad, Stock of direct foreign investment at home, Telephones main lines in use, Telephones main lines in use per capita, Telephones mobile cellular, Telephones mobile cellular per capita, Total fertility rate, Unemployment rate, Unemployment, youth ages 15-24, Waterways, valley, helicopter, canyon, artillery, crater, religion, continent, border, Plateau, marsh, Demonym

The city of Paris in France had an estimated gross domestic product of 757.6 billion Euros in 2021, the most of any European city. Paris was followed by the spanish capital, Madrid, which had a GDP of 237.5 billion Euros, and the Irish capital, Dublin at 230 billion Euros. Milan, in the prosperous north of Italy, had a GDP of 228.4 billion Euros, 65 billion euros larger than the Italian capital Rome, and was the largest non-capital city in terms of GDP in Europe. The engine of Europe Among European countries, Germany had by far the largest economy, with a gross domestic product of over 4.18 trillion Euros. The United Kingdom or France have been Europe's second largest economy since the 1980s, depending on the year, with forecasts suggesting France will overtake the UK going into the 2020s. Germany however, has been the biggest European economy for some time, with five cities (Munich, Berlin, Hamburg, Stuttgart and Frankfurt) among the 15 largest European cities by GDP. Europe's largest cities In 2023, Moscow was the largest european city, with a population of nearly 12.7 million. Paris was the largest city in western Europe, with a population of over 11 million, while London was Europe's third-largest city at 9.6 million inhabitants.

17.881.516.213 (thousand rubles) in 2018. Gross regional product is a monetary measure of the market value for all final goods and services produced in a region or subdivision of a country in a period of time. Value of gross regional product in Russia is not the same as Russian GDP because it excludes value added tax on collective non-market services (defense, governance, and so on) provided by public institutions to society as a whole

Inflation Rate in Russia decreased to 9.40 percent in June from 9.90 percent in May of 2025. This dataset provides - Russia Inflation Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news.

In May 2025, the inflation rate in Russia stood at **** percent compared to the same month in the previous year, showing an increase. The rate has been decreasing since March 2025. The highest rate during the observed period was recorded in April 2022, at **** percent. The term inflation means the devaluation of money caused by a permanent increase in the price level for products (consumer goods, investment goods). The Consumer Price Index (CPI) shows the price development for private expenses and shows the current level of inflation when increasing. Russia's economy, an outlook The Russian economy was expected to grow by *** percent in 2025 despite the Western sanctions over the war in Ukraine that began in February 2022. At the same time, consumer prices were projected to grow by around **** percent in 2025 relative to the previous year. In 2024, the inflation rate was estimated at **** percent. Prices in Russia Russia’s economy is highly dependent on and affected by the price of oil. The price of the Urals crude oil stood at approximately ***** U.S. dollars per barrel in April 2025, having demonstrated a decrease from the previous month. The highest producer price index (PPI) was recorded in the electricity and gas supply sector, with a price growth rate of over ** percent in September 2024.

In 2024, Russia had the largest population among European countries at ***** million people. The next largest countries in terms of their population size were Turkey at **** million, Germany at **** million, the United Kingdom at **** million, and France at **** million. Europe is also home to some of the world’s smallest countries, such as the microstates of Liechtenstein and San Marino, with populations of ****** and ****** respectively. Europe’s largest economies Germany was Europe’s largest economy in 2023, with a Gross Domestic Product of around *** trillion Euros, while the UK and France are the second and third largest economies, at *** trillion and *** trillion euros respectively. Prior to the mid-2000s, Europe’s fourth-largest economy, Italy, had an economy that was of a similar sized to France and the UK, before diverging growth patterns saw the UK and France become far larger economies than Italy. Moscow and Istanbul the megacities of Europe Two cities on the eastern borders of Europe were Europe’s largest in 2023. The Turkish city of Istanbul, with a population of 15.8 million, and the Russian capital, Moscow, with a population of 12.7 million. Istanbul is arguably the world’s most famous transcontinental city with territory in both Europe and Asia and has been an important center for commerce and culture for over 2,000 years. Paris was the third largest European city with a population of ** million, with London being the fourth largest at *** million.