The Gross Domestic Product per capita in Russia was last recorded at 41704.71 US dollars in 2024, when adjusted by purchasing power parity (PPP). The GDP per Capita, in Russia, when adjusted by Purchasing Power Parity is equivalent to 235 percent of the world's average. This dataset provides the latest reported value for - Russia GDP per capita PPP - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.

Russia had the highest GDP per capita based on purchasing-power-parity (PPP) among the presented Eurasian countries between 2010 and 2023 and was forecast to remain in the leading position in the following years. However, Kazakhstan was predicted to close the gap with Russia slowly by 2029. What are the largest economies in Eurasia? At an estimated *** trillion U.S. dollars, Russia had the largest GDP among the Eurasian countries in 2024. The country generated most of its wealth through its energy sector, given that a high percentage of its industrial and agricultural sectors was privatized in the 1990s. Ranking second and third were Kazakhstan and Ukraine, whose GDP amounted to approximately *** billion U.S. dollars and *** billion U.S. dollars, respectively. Looking at national debt, Ukraine demonstrated the highest ratio to GDP, at over ** percent in 2024. Despite exhibiting the second-lowest figure in the region, Russia’s national debt was forecast to increase in the years until 2029. Inflation in Eurasia The highest inflation rate in Eurasia was recorded in Uzbekistan, at around ** percent in 2024. It was followed by Kazakhstan and Russia, where consumer prices were estimated to grow by approximately *** percent and *** percent relative to the previous year, respectively. As of January 2024, monthly expenses on the basic food basket occupied around ** percent of the official minimum wage in Moldova. At the same time, in Uzbekistan, the minimum wage was just enough to cover basic food expenses.

The Gross Domestic Product per capita in Russia was last recorded at 11043.26 US dollars in 2024. The GDP per Capita in Russia is equivalent to 87 percent of the world's average. This dataset provides the latest reported value for - Russia GDP per capita - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.

In 2024, the share of the global gross domestic product (GDP) adjusted for purchasing power parity (PPP) in Russia amounted to 3.5 percent. Between 1992 and 2024, the figure dropped by 1.41 percentage points, though the decline followed an uneven course rather than a steady trajectory. The forecast shows the share will steadily decline by 0.41 percentage points from 2024 to 2030.This indicator describes the share of a country's gross domestic product in the global gross domestic product. To this end the GDP (indicating the total value of final goods and services produced during a year) has been adjusted for purchasing power parity and set in relation to the purchasing power adjusted global GDP value.

Actual value and historical data chart for Russia GDP Ppp Us Dollar

Monthly and long-term Russia GDP Per Capita data: historical series and analyst forecasts curated by FocusEconomics.

This statistic shows the gross domestic product (GDP) per capita in Russia from 1997 to 2024, with projections up until 2030. 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. In 2024, the GDP per capita in Russia was around 14,794.7 U.S. dollars. See the Russian GDP for comparison. Russia's wealth Russia generates most of its wealth through its energy sector, given that a large percentage of its industrial and agricultural sectors have been privatized in the 1990s. The majority of Russia’s exports consisted of natural resources, such as oil, gas and metals. Russia’s primary export partners are located within Europe, with the exception of China, and are often the recipients of a large amount of Russia’s natural gas exports. The country’s second most important and influential sector is the military sector, due to having built up a complex arms industry and having the proficiency to produce high tech weapons. Russia ranks as one of the highest spenders for military production and is one of the more intimidating military powers in the world. Due to the privatization of Russia’s industrial and agricultural sectors, a rather large part of the population was able to capitalize on the market. Russia is home to one of the highest numbers of billionaires in the world, trailing only countries such as the United States and China.

Russia Gross National Income per Capita: PPP data was reported at 43,512.692 USD in 2023. This records an increase from the previous number of 40,132.801 USD for 2022. Russia Gross National Income per Capita: PPP data is updated yearly, averaging 25,111.878 USD from Dec 2011 (Median) to 2023, with 13 observations. The data reached an all-time high of 43,512.692 USD in 2023 and a record low of 22,118.976 USD in 2011. Russia Gross National Income per Capita: PPP data remains active status in CEIC and is reported by Federal State Statistics Service. The data is categorized under Russia Premium Database’s National Accounts – Table RU.AA036: GDP: Purchasing Power Parity: Current Price.

Russia GDP per Capita: PPP: 2021 Price data was reported at 39,753.457 Intl $ in 2023. This records an increase from the previous number of 38,263.617 Intl $ for 2022. Russia GDP per Capita: PPP: 2021 Price data is updated yearly, averaging 31,152.042 Intl $ from Dec 1990 (Median) to 2023, with 34 observations. The data reached an all-time high of 39,753.457 Intl $ in 2023 and a record low of 17,226.227 Intl $ in 1998. Russia GDP per Capita: PPP: 2021 Price data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Russian Federation – Table RU.World Bank.WDI: Gross Domestic Product: Purchasing Power Parity. GDP per capita based on purchasing power parity (PPP). PPP GDP is gross domestic product converted to international dollars using purchasing power parity rates. An international dollar has the same purchasing power over GDP as the U.S. dollar has in the United States. GDP at purchaser's prices is the sum of gross value added by all resident producers in the country plus any product taxes and minus any subsidies not included in the value of the products. It is calculated without making deductions for depreciation of fabricated assets or for depletion and degradation of natural resources. Data are in constant 2021 international dollars.;International Comparison Program, World Bank | World Development Indicators database, World Bank | Eurostat-OECD PPP Programme.;Weighted average;

Graph and download economic data for Purchasing Power Parity Converted GDP Per Capita Relative to the United States, average GEKS-CPDW, at current prices for Russia (PGD2USRUA621NUPN) from 1990 to 2010 about Russia, PPP, per capita, and GDP.

Yearly (annual) dataset of the Russia GDP per Capita PPP, including historical data, latest releases, and long-term trends from 1990-12-31 to 2024-12-31. Available for free download in CSV format.

Russia RU: GDP: PPP: 2017 Price data was reported at 4,027,358.213 Intl $ mn in 2022. This records a decrease from the previous number of 4,112,474.573 Intl $ mn for 2021. Russia RU: GDP: PPP: 2017 Price data is updated yearly, averaging 3,178,789.642 Intl $ mn from Dec 1990 (Median) to 2022, with 33 observations. The data reached an all-time high of 4,112,474.573 Intl $ mn in 2021 and a record low of 1,824,938.131 Intl $ mn in 1998. Russia RU: GDP: PPP: 2017 Price data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Russian Federation – Table RU.World Bank.WDI: Gross Domestic Product: Purchasing Power Parity. PPP GDP is gross domestic product converted to international dollars using purchasing power parity rates. An international dollar has the same purchasing power over GDP as the U.S. dollar has in the United States. GDP is the sum of gross value added by all resident producers in the country plus any product taxes and minus any subsidies not included in the value of the products. It is calculated without making deductions for depreciation of fabricated assets or for depletion and degradation of natural resources. Data are in constant 2017 international dollars.;International Comparison Program, World Bank | World Development Indicators database, World Bank | Eurostat-OECD PPP Programme.;Gap-filled total;

Graph and download economic data for Purchasing Power Parity Converted GDP Per Capita (Chain Series) for Russia (RGDPCHRUA625NUPN) from 1990 to 2010 about Russia, PPP, chained, per capita, and GDP.

Russia GDP: PPP: 2021 Price data was reported at 5,815,895.453 Intl $ mn in 2023. This records an increase from the previous number of 5,613,798.699 Intl $ mn for 2022. Russia GDP: PPP: 2021 Price data is updated yearly, averaging 4,498,335.314 Intl $ mn from Dec 1990 (Median) to 2023, with 34 observations. The data reached an all-time high of 5,815,895.453 Intl $ mn in 2023 and a record low of 2,543,810.300 Intl $ mn in 1998. Russia GDP: PPP: 2021 Price data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Russian Federation – Table RU.World Bank.WDI: Gross Domestic Product: Purchasing Power Parity. PPP GDP is gross domestic product converted to international dollars using purchasing power parity rates. An international dollar has the same purchasing power over GDP as the U.S. dollar has in the United States. GDP is the sum of gross value added by all resident producers in the country plus any product taxes and minus any subsidies not included in the value of the products. It is calculated without making deductions for depreciation of fabricated assets or for depletion and degradation of natural resources. Data are in constant 2021 international dollars.;International Comparison Program, World Bank | World Development Indicators database, World Bank | Eurostat-OECD PPP Programme.;Gap-filled total;

Russia: GDP per capita, current U.S. dollars: The latest value from 2024 is 14889.02 U.S. dollars, an increase from 14159.39 U.S. dollars in 2023. In comparison, the world average is 19439.19 U.S. dollars, based on data from 176 countries. Historically, the average for Russia from 1988 to 2024 is 7508.28 U.S. dollars. The minimum value, 1330.76 U.S. dollars, was reached in 1999 while the maximum of 15941.45 U.S. dollars was recorded in 2013.

Actual value and historical data chart for Russia GDP Per Person Employed Constant 1990 Ppp Dollar

View yearly updates and historical trends for Russia GDP per Capita. Source: World Bank. Track economic data with YCharts analytics.

Key information about Russia GDP Per Capita

• Russia Gross Domestic Product (GDP) per Capita reached 13,817.046 USD in Dec 2023, compared with 15,445.242 USD in Dec 2022.
• Russia GDP Per Capita data is updated yearly, available from Dec 1992 to Dec 2023, with an average number of 9,101.244 USD.
• The data reached an all-time high of 15,941.270 USD in Dec 2013 and a record low of 487.486 in Dec 1992.
• CEIC converts annual GDP per Capita into USD. Federal State Statistics Service provides GDP per Capita in local currency based on SNA 2008. The Bank of Russia average market exchange rate is used for currency conversions. GDP per Capita prior to 2011 is based on SNA 1993.

• In the latest reports, Russia GDP expanded 1.316 % YoY in Jun 2025.
• Russia Nominal GDP reached 612.639 USD bn in Jun 2025.
• Its GDP deflator (implicit price deflator) increased 3.637 % in Jun 2025.
• Gross Savings Rate of Russia was measured at 26.120 % in Jun 2025.

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.

Graph and download economic data for Investment Share of Purchasing Power Parity Converted GDP Per Capita at constant prices for Russia (KIPPPGRUA156NUPN) from 1990 to 2010 about Russia, PPP, investment, per capita, real, and GDP.