The Gross Domestic Product (GDP) in Russia was worth 2173.84 billion US dollars in 2024, according to official data from the World Bank. The GDP value of Russia represents 2.05 percent of the world economy. This dataset provides the latest reported value for - Russia GDP - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.

The statistic shows the distribution of the workforce across economic sectors in Russia from 2013 to 2023. In 2023, 5.69 percent of the workforce in Russia was employed in agriculture, 26.38 percent in industry and 67.93 percent in services. Russia’s economy The majority of Russia’s labor force works in the services sector, which accounts for more than half of the jobs in the country. About 30 percent work in the industry sector and the rest in agriculture. Interestingly, Russia is among the leading export countries worldwide and agricultural products, as well as meat, are among the main exported goods. Russia’s economy also profits significantly from selling and exporting fish and sea food. Due to large oil resources, Russia is also among the largest economies and the countries with the largest gross domestic product / GDP worldwide. Subsequently, living and working conditions in Russia should be above average, but for a long time, many Russians have struggled to get by. While conditions seem to improve nowadays, many Russians still live below the poverty line. One suggested reason for this is corruption, which has been cited as a severe problem for the country for a long time, and continues to pose difficulties for Russia’s economy. Illicit employment and the so-called “shadow economy”, which does not officially contribute to the fiscal system, yields amounts worth almost half of Russia’s gross domestic product. This can be seen on a ranking of the untaxed economy in selected countries as a share of GDP. In addition to oil, fish and agricultural products, Russia also manufactures and exports arms and weapons. It is ranked third among the countries with the highest military spending, and second among the countries, in which military spending accounts for a significant percentage of the gross domestic product.

The Gross Domestic Product (GDP) in Russia expanded 1.40 percent in the first quarter of 2025 over the same quarter of the previous year. This dataset provides the latest reported value for - Russia GDP Annual Growth Rate - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.

Russia RU:(GDP) Gross Domestic Productper Unit of Energy Use: 2017 Price: PPP per Kg of Oil Equivalent data was reported at 5.355 Intl $/kg in 2014. This records an increase from the previous number of 5.185 Intl $/kg for 2013. Russia RU:(GDP) Gross Domestic Productper Unit of Energy Use: 2017 Price: PPP per Kg of Oil Equivalent data is updated yearly, averaging 3.772 Intl $/kg from Dec 1990 (Median) to 2014, with 25 observations. The data reached an all-time high of 5.355 Intl $/kg in 2014 and a record low of 3.016 Intl $/kg in 1996. Russia RU:(GDP) Gross Domestic Productper Unit of Energy Use: 2017 Price: PPP per Kg of Oil Equivalent 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: Environmental: Energy Production and Consumption. GDP per unit of energy use is the PPP GDP per kilogram of oil equivalent of energy use. PPP GDP is gross domestic product converted to 2017 constant international dollars using purchasing power parity rates. An international dollar has the same purchasing power over GDP as a U.S. dollar has in the United States.;IEA Statistics © OECD/IEA 2014 (https://www.iea.org/data-and-statistics), subject to https://www.iea.org/terms/;Weighted average;Restricted use: Please contact the International Energy Agency for third-party use of these data.

Since 1980, Europe's largest economies have consistently been France, Germany, Italy, Spain, and the United Kingdom, although the former Soviet Union's economy was the largest in the 1980s, and Russia's economy has been larger than Spain's since 2010. Since Soviet dissolution, Germany has always had the largest economy in Europe, while either France or the UK has had the second largest economy depending on the year. Italy's economy was of a relatively similar size to that of the UK and France until the mid-2000s when it started to diverge, resulting in a difference of approximately 800 billion U.S dollars by 2018. Russia's economy had overtaken both Italy and Spain's in 2012, but has fallen since 2014 due to the drop in international oil prices and the economic sanctions imposed for its annexation of Crimea - economic growth is expected to be comparatively low in Russia in the coming years due to the economic fallout of its invasion of Ukraine in 2022. In 2025, Germany, now the world's third-largest economy, was estimated at over *** trillion U.S. dollars.

Russia Energy Use: Kg of Oil Equivalent per 1000 PPP GDP: 2021 Price data was reported at 143.910 kg in 2022. This records an increase from the previous number of 143.458 kg for 2021. Russia Energy Use: Kg of Oil Equivalent per 1000 PPP GDP: 2021 Price data is updated yearly, averaging 154.614 kg from Dec 1990 (Median) to 2022, with 33 observations. The data reached an all-time high of 237.954 kg in 1996 and a record low of 132.135 kg in 2019. Russia Energy Use: Kg of Oil Equivalent per 1000 PPP GDP: 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: Environmental: Energy Production and Consumption. Energy use per PPP GDP is the kilogram of oil equivalent of energy use per constant PPP GDP. Energy use refers to use of primary energy before transformation to other end-use fuels, which is equal to indigenous production plus imports and stock changes, minus exports and fuels supplied to ships and aircraft engaged in international transport. PPP GDP is gross domestic product converted to 2021 constant international dollars using purchasing power parity rates. An international dollar has the same purchasing power over GDP as a U.S. dollar has in the United States.;IEA Energy Statistics Data Browser, https://www.iea.org/data-and-statistics/data-tools/energy-statistics-data-browser;Weighted average;Restricted use: Please contact the International Energy Agency for third-party use of these data.

Russia RU: Energy Use: Kg of Oil Equivalent per 1000 PPP GDP: 2017 Price data was reported at 186.745 kg in 2014. This records a decrease from the previous number of 192.866 kg for 2013. Russia RU: Energy Use: Kg of Oil Equivalent per 1000 PPP GDP: 2017 Price data is updated yearly, averaging 265.111 kg from Dec 1990 (Median) to 2014, with 25 observations. The data reached an all-time high of 331.533 kg in 1996 and a record low of 186.745 kg in 2014. Russia RU: Energy Use: Kg of Oil Equivalent per 1000 PPP GDP: 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: Environmental: Energy Production and Consumption. Energy use per PPP GDP is the kilogram of oil equivalent of energy use per constant PPP GDP. Energy use refers to use of primary energy before transformation to other end-use fuels, which is equal to indigenous production plus imports and stock changes, minus exports and fuels supplied to ships and aircraft engaged in international transport. PPP GDP is gross domestic product converted to 2017 constant international dollars using purchasing power parity rates. An international dollar has the same purchasing power over GDP as a U.S. dollar has in the United States.;IEA Statistics © OECD/IEA 2014 (https://www.iea.org/data-and-statistics), subject to https://www.iea.org/terms/;Weighted average;Restricted use: Please contact the International Energy Agency for third-party use of these data.