The Gross Domestic Product per capita in Russia was last recorded at 10420.57 US dollars in 2023. The GDP per Capita in Russia is equivalent to 83 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.

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 GDP per capita for 2023 was $13,817, a 10.54% decline from 2022.

<ul style='margin-top:20px;'>

<li>Russia GDP per capita for 2022 was <strong>$15,445</strong>, a <strong>23.35% increase</strong> from 2021.</li>
<li>Russia GDP per capita for 2021 was <strong>$12,522</strong>, a <strong>23.87% increase</strong> from 2020.</li>
<li>Russia GDP per capita for 2020 was <strong>$10,108</strong>, a <strong>11.7% decline</strong> from 2019.</li>
</ul>GDP per capita is gross domestic product divided by midyear population. GDP is the sum of gross value added by all resident producers in the economy 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 current U.S. dollars.

The Gross Domestic Product per capita in Russia was last recorded at 39753.46 US dollars in 2023, when adjusted by purchasing power parity (PPP). The GDP per Capita, in Russia, when adjusted by Purchasing Power Parity is equivalent to 224 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.

Graph and download economic data for Gross Domestic Product Per Capita for Russian Federation (PCAGDPRUA646NWDB) from 1988 to 2023 about Russia, per capita, and GDP.

Key information about Russia GDP Per Capita

• Russia Gross Domestic Product (GDP) per Capita reached 12,593.146 USD in Dec 2021, compared with 10,194.447 USD in Dec 2020.
• Russia GDP Per Capita data is updated yearly, available from Dec 1992 to Dec 2021, with an average number of 7,741.246 USD.
• The data reached an all-time high of 15,974.444 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.

Related information about Russia GDP Per Capita data

• In the latest reports, Russia GDP contracted 3.434 % YoY in Sep 2022.
• Russia Nominal GDP reached 619.928 USD bn in Sep 2022.
• Its GDP deflator (implicit price deflator) increased 11.708 % in Sep 2022.
• Gross Savings Rate of Russia was measured at 31.855 % in Sep 2022.

Russia: GDP per capita, Purchasing Power Parity: The latest value from 2023 is 39753 U.S. dollars, an increase from 38264 U.S. dollars in 2022. In comparison, the world average is 26826 U.S. dollars, based on data from 183 countries. Historically, the average for Russia from 1990 to 2023 is 29381 U.S. dollars. The minimum value, 17226 U.S. dollars, was reached in 1998 while the maximum of 39753 U.S. dollars was recorded in 2023.

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.

Residents of the Central Federal District of Russia had the highest mean per capita income in the country, measuring at approximately 71.4 thousand Russian rubles per month in 2023. Across the country, the monthly income per capita stood at an average of nearly 53 thousand Russian rubles. Regional unemployment in Russia In the second quarter of 2024, Russia's region with the highest unemployment rate was the North Caucasian Federal District, followed by the Far Eastern Federal District. Unemployment was the lowest in the Central Federal District, including the capital city of Moscow, where it stood at nearly 2 percent.

Graph and download economic data for Purchasing Power Parity Converted GDP Per Capita Relative to the United States, G-K method, at current prices for Russia (PGDPUSRUA621NUPN) from 1990 to 2010 about Russia, PPP, per capita, and GDP.

GDP per capita, PPP (current international $) in Russia was reported at 44120 USD in 2023, according to the World Bank collection of development indicators, compiled from officially recognized sources. Russia - GDP per capita, PPP (current international $) - actual values, historical data, forecasts and projections were sourced from the World Bank on May of 2025.

Key information about Russia Household Income per Capita

• Russia Annual Household Income per Capita reached 8,179.123 USD in Dec 2024, compared with the previous value of 7,549.747 USD in Dec 2023.
• Russia Annual Household Income per Capita data is updated yearly, available from Dec 1992 to Dec 2024, with an averaged value of 5,882.623 USD.
• The data reached an all-time high of 9,660.697 USD in Dec 2013 and a record low of 183.584 USD in Dec 1992.
• In the latest reports, Retail Sales of Russia grew 5.200 % YoY in Dec 2024.

CEIC calculates Annual Household Income per Capita from Monthly Average Household Income per Capita multiplied by 12 and converts it into USD. Federal State Statistics Service provides Average Household Income per Capita in local currency. The Bank of Russia average market exchange rate is used for currency conversions.

GNI per capita (constant LCU) in Russia was reported at 644289 LCU in 2023, according to the World Bank collection of development indicators, compiled from officially recognized sources. Russia - GNI per capita (constant LCU) - actual values, historical data, forecasts and projections were sourced from the World Bank on June of 2025.

Russia Household Income per Capita: SF: Republic of Crimea data was reported at 27,861.000 RUB in Dec 2018. This records an increase from the previous number of 20,089.000 RUB for Nov 2018. Russia Household Income per Capita: SF: Republic of Crimea data is updated monthly, averaging 18,859.500 RUB from Jan 2015 (Median) to Dec 2018, with 48 observations. The data reached an all-time high of 27,861.000 RUB in Dec 2018 and a record low of 9,377.000 RUB in Jan 2015. Russia Household Income per Capita: SF: Republic of Crimea 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.HA011: Household Income per Capita: by Region. Changed data frequency from monthly to quarterly Replacement series ID: 414570957 In accordance with the order of the Government of the Russian Federation (dated March 20, 2019 No. 469-p), starting from 2019, a quarterly periodicity is established. Data before 2019 was available in monthly frequency. Изменено с ежемесячной на квартальную основу Код серии замены: 414570957 В соответствии с распоряжением Правительства Российской Федерации (от 20 марта 2019г. № 469-р), начиная с 2019 года установлена квартальная периодичность. Значения раньше 2019 г. предоставлялись на ежемесячной основе.

The average per capita income in Russia reached approximately 53.1 thousand Russian rubles in 2023. The figure increased by 12 percent from the previous year. The Central Federal District had highest mean income per capita in the country.

Russia Household Income per Capita: SF: Republic of Kalmykia data was reported at 17,852.000 RUB in Dec 2018. This records an increase from the previous number of 16,647.000 RUB for Nov 2018. Russia Household Income per Capita: SF: Republic of Kalmykia data is updated monthly, averaging 6,856.550 RUB from Mar 2000 (Median) to Dec 2018, with 226 observations. The data reached an all-time high of 18,523.000 RUB in Dec 2015 and a record low of 788.100 RUB in May 2000. Russia Household Income per Capita: SF: Republic of Kalmykia 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.HA011: Household Income per Capita: by Region. Changed data frequency from monthly to quarterly Replacement series ID: 414570947 In accordance with the order of the Government of the Russian Federation (dated March 20, 2019 No. 469-p), starting from 2019, a quarterly periodicity is established. Data before 2019 was available in monthly frequency. Изменено с ежемесячной на квартальную основу Код серии замены: 414570947 В соответствии с распоряжением Правительства Российской Федерации (от 20 марта 2019г. № 469-р), начиная с 2019 года установлена квартальная периодичность. Значения раньше 2019 г. предоставлялись на ежемесячной основе.

GDP per capita, PPP (constant 2017 international $) in Russia was reported at 39753 USD in 2023, according to the World Bank collection of development indicators, compiled from officially recognized sources. Russia - GDP per capita, PPP (constant 2005 international $) - actual values, historical data, forecasts and projections were sourced from the World Bank on June of 2025.

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.

GDP per capita (current LCU) in Russia was reported at 1176687 LCU in 2023, according to the World Bank collection of development indicators, compiled from officially recognized sources. Russia - GDP per capita (current LCU) - actual values, historical data, forecasts and projections were sourced from the World Bank on June of 2025.

Over the first half of the 20th century, the Soviet Union's GDP per capita rose from 1,218 U.S. dollars to 2,8334 U.S. dollars. There was a slight decrease between 1913 and 1929 due to the devastation caused by the First World War and Russian Revolution and the transition to a communist government and socialist economic structure. However, GDP per capita grew over the following three intervals, and the Soviet Union's relative isolation in the 1920s and 1930s meant that it was relatively untouched by the Great Depression in the 1930s. At the end of the recovery period after the Second World War, in 1950, GDP per capita had already exceeded pre-war levels by a significant margin, and the Soviet Union emerged as one of the two global superpowers, alongside the United States.