GDP Constant Prices in Russia decreased to 32719.96 RUB Billion in the first quarter of 2025 from 40750.78 RUB Billion in the fourth quarter of 2024. This dataset provides - Russia GDP Constant Prices - actual values, historical data, forecast, chart, statistics, economic calendar and news.

The nominal gross domestic product (GDP) of Russia generally increased year-on-year, with a slight decrease in 2020. In 2024, the value of the nominal GDP rose to *** trillion Russian rubles.

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.

Russia Gross Domestic Product (GDP) data was reported at 58,879.423 RUB bn in Dec 2024. This records an increase from the previous number of 50,857.061 RUB bn for Sep 2024. Russia Gross Domestic Product (GDP) data is updated quarterly, averaging 23,909.523 RUB bn from Mar 2011 (Median) to Dec 2024, with 56 observations. The data reached an all-time high of 58,879.423 RUB bn in Dec 2024 and a record low of 13,024.800 RUB bn in Mar 2011. Russia Gross Domestic Product (GDP) 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.AA029: GDP: by Income: SNA 2008: Current Price.

GDP from Construction in Russia decreased to 1117.60 RUB Billion in the first quarter of 2025 from 2643.30 RUB Billion in the fourth quarter of 2024. This dataset provides the latest reported value for - Russia Gdp From Construction - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.

Russia RU: GDP: Gross Value Added at Basic Prices: Agriculture, Forestry, and Fishing data was reported at 5,764,487.604 RUB mn in 2023. This records a decrease from the previous number of 5,929,406.556 RUB mn for 2022. Russia RU: GDP: Gross Value Added at Basic Prices: Agriculture, Forestry, and Fishing data is updated yearly, averaging 1,039,357.254 RUB mn from Dec 1989 (Median) to 2023, with 35 observations. The data reached an all-time high of 5,929,406.556 RUB mn in 2022 and a record low of 89.400 RUB mn in 1989. Russia RU: GDP: Gross Value Added at Basic Prices: Agriculture, Forestry, and Fishing 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: Nominal. Agriculture, forestry, and fishing corresponds to ISIC divisions 1-3 and includes forestry, hunting, and fishing, as well as cultivation of crops and livestock production. 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. Data are in current local currency.;World Bank national accounts data, and OECD National Accounts data files.;;Note: Data for OECD countries are based on ISIC, revision 4.

Russia's gross domestic product (GDP) was estimated to have increased by 1.2 percent in May 2025 compared to the same month of the previous year. In April 2023, the monthly GDP growth was positive for the first time since March 2022. In April 2020, the country’s GDP fell by nearly 10 percent as a result of the crisis caused by the coronavirus (COVID-19) pandemic as well as the oil price crash. Russian economy outlook for 2025 Russia’s annual GDP was projected to increase by 1.35 percent in 2025. The level of prices in the country was expected to continue growing, with the inflation rate forecast at 4.7 percent in that year. Post-pandemic economic recovery in selected countries Countries across the world saw a sharp decrease in GDP in 2020 due to the COVID-19 pandemic. In 2023, the European Commission foresaw an increase in all European Union (EU) members' GDP, ranging from the lowest of 1.1 percent in Sweden and Italy to the highest of five percent in Ireland. In Latin America, the most significant increase in GDP was recorded in Peru, at 5.2 percent in 2022.

Russia RU: GDP: Net Primary Income from Abroad data was reported at -460,763.000 RUB mn in Dec 2015. This records a decrease from the previous number of -442,526.700 RUB mn for Sep 2015. Russia RU: GDP: Net Primary Income from Abroad data is updated quarterly, averaging -128,103.400 RUB mn from Mar 1995 (Median) to Dec 2015, with 84 observations. The data reached an all-time high of 3,925.300 RUB mn in Mar 1995 and a record low of -865,679.200 RUB mn in Jun 2015. Russia RU: GDP: Net Primary Income from Abroad data remains active status in CEIC and is reported by International Monetary Fund. The data is categorized under Global Database’s Russian Federation – Table RU.IMF.IFS: Gross Domestic Product: by Expenditure: Quarterly.

GDP from Agriculture in Russia decreased to 663.40 RUB Billion in the first quarter of 2025 from 1338.10 RUB Billion in the fourth quarter of 2024. This dataset provides the latest reported value for - Russia Gdp From Agriculture - 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 National Accounts: GDP by Expenditure: Current Prices: Gross Domestic Product: Total for Russia (RUSGDPNADSMEI) from 2003 to 2020 about Russia and GDP.

Graph and download economic data for National Accounts: GDP by Expenditure: Constant Prices: Government Final Consumption Expenditure for Russia (NAEXKP03RUQ652S) from Q1 2003 to Q4 2016 about Russia, consumption expenditures, consumption, government, real, and GDP.

Graph and download economic data for National Accounts: GDP by Expenditure: Constant Prices: Gross Domestic Product: Total for Russia (NAEXKP01RUQ652S) from Q1 2003 to Q3 2021 about Russia, real, and GDP.

Russia GDP: Net Exports: Imports data was reported at 10,496.000 RUB bn in Dec 2024. This records an increase from the previous number of 9,064.500 RUB bn for Sep 2024. Russia GDP: Net Exports: Imports data is updated quarterly, averaging 4,768.650 RUB bn from Mar 2011 (Median) to Dec 2024, with 56 observations. The data reached an all-time high of 10,496.000 RUB bn in Dec 2024 and a record low of 2,386.200 RUB bn in Mar 2011. Russia GDP: Net Exports: Imports 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.AA002: GDP: by Expenditure: SNA 2008: Current Price.

Graph and download economic data for National Accounts: GDP by Expenditure: Constant Prices: Less: Imports of Goods and Services for Russia (NAEXKP07RUA652S) from 2003 to 2016 about Russia, imports, goods, services, real, and GDP.

Graph and download economic data for National Accounts: GDP by Expenditure: Constant Prices: Gross Domestic Product: Total for Russia (NAEXKP01RUA652S) from 2003 to 2020 about Russia, real, and GDP.

GDP from Transport in Russia decreased to 1833.50 RUB Billion in the first quarter of 2025 from 2128.30 RUB Billion in the fourth quarter of 2024. This dataset provides the latest reported value for - Russia Gdp From Transport - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.

Russia GDP: 2011p: Annual: GVA: Education data was reported at 1,296.265 RUB bn in 2016. This records a decrease from the previous number of 1,309.349 RUB bn for 2015. Russia GDP: 2011p: Annual: GVA: Education data is updated yearly, averaging 1,316.128 RUB bn from Dec 2011 (Median) to 2016, with 6 observations. The data reached an all-time high of 1,401.247 RUB bn in 2011 and a record low of 1,296.265 RUB bn in 2016. Russia GDP: 2011p: Annual: GVA: Education 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.AA024: GDP: by Industry: SNA 2008: 2011 Price. Changed from OKVED to OKVED2 Rebased from 2011p to 2016p Replacement series ID: 388292457

GDP from Mining in Russia decreased to 3663.50 RUB Billion in the first quarter of 2025 from 4140.50 RUB Billion in the fourth quarter of 2024. This dataset provides the latest reported value for - Russia Gdp From Mining - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.

Russia RU: GDP: Net Current Transfer from Abroad data was reported at -403,684.835 RUB mn in 2020. This records an increase from the previous number of -659,043.381 RUB mn for 2019. Russia RU: GDP: Net Current Transfer from Abroad data is updated yearly, averaging -146,007.532 RUB mn from Dec 1994 (Median) to 2020, with 27 observations. The data reached an all-time high of 14,804.006 RUB mn in 1999 and a record low of -659,043.381 RUB mn in 2019. Russia RU: GDP: Net Current Transfer from Abroad 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: Nominal. Net secondary income (from abroad) comprises transfers of income between residents of the reporting country and the rest of the world that carry no provisions for repayment. Net secondary income is equal to the unrequited transfers of income from nonresidents to residents minus the unrequited transfers from residents to nonresidents. Data are in current local currency.; ; World Bank national accounts data, and OECD National Accounts data files.; ;

GDP from Public Administration in Russia increased to 2843.30 RUB Billion in the first quarter of 2025 from 2604.80 RUB Billion in the fourth quarter of 2024. This dataset provides the latest reported value for - Russia Gdp From Public Administration - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.