This statistic shows the distribution of the gross domestic product (GDP) across economic sectors in Russia from 2013 to 2023. In 2023, agriculture contributed around 3.35 percent to the GDP of Russia, 30.65 percent came from the industry and 56.88 percent from the service sector. Russia's struggling economy Russia is one of the so-called BRIC countries, the four major emerging markets. It is also considered to be one of the fastest growing economies, being one of the world’s leading producers and exporters of oil, natural gas, metals, wood, chemicals, and a wide variety of civilian and military manufactures. In 2015, Russia reported an estimated gross domestic product of about 1.18 billion U.S. dollars, making it one of the countries with the largest gross domestic product in the world. Due to its fast economic expansion, it is also predicted that Russia will have the sixth largest gross domestic product in the world by 2030. Despite a growing economy, Russia's unemployment rate has remained high in recent years. In 2010, the unemployment rate in Russia was at 7.3 percent, and after a slight plunge, it is expected to reach similar heights in the next few years again. Inflation has also increased rapidly in recent years, in 2015, it is expected to double in comparison to 2014, reaching approximately 18 percent - the highest inflation rate of the decade. 2015 is also marked by a large decline of Russia's gross domestic product: Between 2014 and 2015, GDP decreased by almost 5 thousand U.S. dollars. It is, however, expected to recover until 2020. Despite a trade deficit in the services sector from 2003 to 2013, the services sector in Russia has employed yearly over 55 percent of the workforce since 1999.

The manufacturing sector's gross value added accounted for 12.45 percent of Russia's gross domestic product (GDP) in 2023, the largest share among other industries. Wholesale and retail trade followed, with a share exceeding 12 percent. In total, Russia's GDP was estimated at 2.06 trillion U.S. dollars at current prices in 2024 and was forecast to increase in the years until 2029.

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.

Russia RU: GDP: % of GDP: Gross Value Added: Industry data was reported at 30.648 % in 2023. This records a decrease from the previous number of 32.096 % for 2022. Russia RU: GDP: % of GDP: Gross Value Added: Industry data is updated yearly, averaging 31.780 % from Dec 1989 (Median) to 2023, with 35 observations. The data reached an all-time high of 46.597 % in 1989 and a record low of 27.932 % in 2014. Russia RU: GDP: % of GDP: Gross Value Added: Industry 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: Share of GDP. Industry (including construction) corresponds to ISIC divisions 05-43 and includes manufacturing (ISIC divisions 10-33). It comprises value added in mining, manufacturing (also reported as a separate subgroup), construction, electricity, water, and gas. Value added is the net output of a sector after adding up all outputs and subtracting intermediate inputs. It is calculated without making deductions for depreciation of fabricated assets or depletion and degradation of natural resources. The origin of value added is determined by the International Standard Industrial Classification (ISIC), revision 4. Note: For VAB countries, gross value added at factor cost is used as the denominator.;World Bank national accounts data, and OECD National Accounts data files.;Weighted average;Note: Data for OECD countries are based on ISIC, revision 4.

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.

Claims on other sectors of the domestic economy (% of GDP) in Russia was reported at 90.26 % in 2020, according to the World Bank collection of development indicators, compiled from officially recognized sources. Russia - Claims on other sectors of the domestic economy (% of GDP) - actual values, historical data, forecasts and projections were sourced from the World Bank on June of 2025.

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: Value added in the agricultural sector as percent of GDP: The latest value from 2023 is 3.35 percent, a decline from 3.82 percent in 2022. In comparison, the world average is 9.91 percent, based on data from 166 countries. Historically, the average for Russia from 1989 to 2023 is 5.51 percent. The minimum value, 2.93 percent, was reached in 2012 while the maximum of 15.6 percent was recorded in 1989.

RU: GERD Performed: Private Non-Profit Sector data was reported at 0.727 % in 2020. This records an increase from the previous number of 0.428 % for 2019. RU: GERD Performed: Private Non-Profit Sector data is updated yearly, averaging 0.179 % from Dec 1989 (Median) to 2020, with 32 observations. The data reached an all-time high of 0.727 % in 2020 and a record low of 0.009 % in 1994. RU: GERD Performed: Private Non-Profit Sector data remains active status in CEIC and is reported by Organisation for Economic Co-operation and Development. The data is categorized under Global Database’s Russian Federation – Table RU.OECD.MSTI: Gross Domestic Expenditure on Research and Development: Non OECD Member: Annual.

In response to Russia's large-scale aggression against Ukraine, the OECD Council decided on 8 March 2022 to immediately suspend the participation of Russia and Belarus in OECD bodies. In view of this decision, the OECD suspended its solicitation of official statistics on R&D from Russian authorities, leading to the absence of more recent R&D statistics for this country in the OECD database. Previously collected and compiled indicators are still available.

The business enterprise sector includes all organisations and enterprises whose main activity is connected with the production of goods and services for sale, including those owned by the state, and private non-profit institutions serving the above-mentioned organisations. In practice however, R&D performed in this sector is carried out mostly by industrial research institutes other than enterprises. This particularity reflects the traditional organisation of Russian R&D.

Headcount data include full-time personnel only, and hence are underestimated, while data in full-time equivalents (FTE) are calculated on the basis of both full-time and part-time personnel. This explains why the FTE data are greater than the headcount data.

New budgetary procedures introduced in 2005 have resulted in items previously classified as GBARD being attributed to other headings and have affected the coverage and breakdown by socio-economic objective.

Graph and download economic data for Total Credit to Private Non-Financial Sector, Adjusted for Breaks, for Russia (QRUPAM770A) from Q2 1995 to Q4 2024 about Russia, adjusted, credits, nonfinancial, sector, and private.

The Russian air transportation industry was expected to see numerous challenges due to the Western sanctions imposed due to the war in Ukraine, according to a study from June 2022. Factors like high import dependence, low possibility of restoring supply chains and partnerships, low funding, and workforce issues were estimated to bring additional risks to the sector. To compare, in oil production, available funding, labor force, and the influence of the government were identified as factors contributing to the industry's economic resilience, while import dependence, supply chain disruptions, and a reduction of supplies to existing partners were expected to have a mixed impact because Russia could redirect its oil exports to other countries.

Russia's oil and gas industry accounted for over ** percent of the country's gross domestic product (GDP) in 2024. That constituted a slight decrease compared to the previous year.

Russia Net Capital Inflow (-) /Outflow (+) : Private Sector: Other Sectors data was reported at 9.400 USD bn in Mar 2019. This records a decrease from the previous number of 19.400 USD bn for Dec 2018. Russia Net Capital Inflow (-) /Outflow (+) : Private Sector: Other Sectors data is updated quarterly, averaging 4.900 USD bn from Mar 1994 (Median) to Mar 2019, with 101 observations. The data reached an all-time high of 52.200 USD bn in Dec 2008 and a record low of -16.900 USD bn in Jun 2007. Russia Net Capital Inflow (-) /Outflow (+) : Private Sector: Other Sectors data remains active status in CEIC and is reported by The Central Bank of the Russian Federation. The data is categorized under Global Database’s Russian Federation – Table RU.JBB001: Net Capital Inflow/Outflow: Private Sector.

Graph and download economic data for Nominal Private Sector Final Consumption Expenditure for Russia (NCPNSAXDCRUQ) from Q3 1993 to Q4 2024 about Russia, sector, consumption expenditures, consumption, and private.

Domestic credit to private sector (% of GDP) in Russia was reported at 54.22 % in 2021, according to the World Bank collection of development indicators, compiled from officially recognized sources. Russia - Domestic credit to private sector (% of GDP) - actual values, historical data, forecasts and projections were sourced from the World Bank on June of 2025.

Graph and download economic data for Real Private Sector Final Consumption Expenditure for Russia (NCPRXDCRUA) from 1990 to 2024 about Russia, sector, consumption expenditures, consumption, private, and real.

Claims on other sectors of the domestic economy (% of broad money) of Russian Federation improved by 1.10% from 14.3 % in 2020 to 14.5 % in 2021. Since the 28.21% slump in 2019, claims on other sectors of the domestic economy (% of broad money) shot up by 65.08% in 2021. Claims on other sectors of the domestic economy (IFS line 32S..ZK) include gross credit from the financial system to households, nonprofit institutions serving households, non-financial corporations, state and local governments, and social security funds.

Industrial Production in Russia increased 1.80 percent in May of 2025 over the same month in the previous year. This dataset provides - Russia Industrial Production - actual values, historical data, forecast, chart, statistics, economic calendar and news.

Russia (FDI) Foreign Direct Investment: BoP Data: Outward data was reported at 27.837 USD bn in Dec 2021. This records an increase from the previous number of 20.246 USD bn for Sep 2021. Russia (FDI) Foreign Direct Investment: BoP Data: Outward data is updated quarterly, averaging 4.782 USD bn from Mar 1994 (Median) to Dec 2021, with 112 observations. The data reached an all-time high of 65.550 USD bn in Mar 2013 and a record low of -2.977 USD bn in Sep 2020. Russia (FDI) Foreign Direct Investment: BoP Data: Outward data remains active status in CEIC and is reported by Bank of Russia. The data is categorized under Global Database’s Russian Federation – Table RU.JBB003: Foreign Direct Investments: by Institutional Sectors. [COVID-19-IMPACT]