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.

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.

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.

Graph and download economic data for Gross Domestic Product Per Capita for Russian Federation (PCAGDPRUA646NWDB) from 1988 to 2024 about Russia, per capita, and GDP.

Yearly (annual) dataset of the Russia GDP per Capita, including historical data, latest releases, and long-term trends from 1989-12-31 to 2024-12-31. Available for free download in CSV format.

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

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.

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

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

Actual value and historical data chart for Russia GDP Per Capita Growth Annual Percent

In 2021, the BRICS countries with the highest estimated GDP per capita were Russia and China, with between 12,000 and 13,000 U.S. dollars per person. Brazil and South Africa's GDP per capita are thought to be closer to the 7,000 mark, while India's GDP per capita is just over 2,000 U.S. dollars. This a significant contrast to figures for overall GDP, where China has the largest economy by a significant margin, while India's is the second largest. The reason for this disparity is due to population size. For example, both China's population and overall GDP are roughly 10 times larger than those of Russia, which results in them having a comparable GDP per capita. Additionally, India's population is 23 times larger than South Africa's, but it's GDP is just seven times larger; this results in South Africa having a higher GDP per capita than India, despite it being the smallest of the BRICS economies.

GDP per capita (current US$) in Russia was reported at 14889 USD in 2024, according to the World Bank collection of development indicators, compiled from officially recognized sources. Russia - GDP per capita - actual values, historical data, forecasts and projections were sourced from the World Bank on November of 2025.

Actual value and historical data chart for Russia GDP Per Capita Current Lcu

Real GDP per capita of Russian Federation improved by 4.56% from 10,562 US dollars in 2023 to 11,043 US dollars in 2024. Since the 1.10% reduction in 2022, real GDP per capita surged by 9.13% in 2024. 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.

Russia had the highest gross domestic product (GDP) per capita based on purchasing-power-parity (PPP) in Eurasia in 2024, at approximately ****** 2017 international U.S. dollars. It was followed by Kazakhstan and Belarus. The lowest figure in the CIS region was estimated in Tajikistan.

GDP per capita of Russian Federation leapt by 5.15% from 14,159 US dollars in 2023 to 14,889 US dollars in 2024. Since the 11.70% drop in 2020, GDP per capita rocketed by 47.29% in 2024. 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.

GDP per capita (constant 2015 US$) in Russia was reported at 11043 USD in 2024, according to the World Bank collection of development indicators, compiled from officially recognized sources. Russia - GDP per capita (constant 2000 US$) - actual values, historical data, forecasts and projections were sourced from the World Bank on November of 2025.

Key information about Russia Real GDP Growth

• The Gross Domestic Product (GDP) in Russia expanded 1.3 % YoY in Jun 2025, following a growth of 1.5 % in the previous quarter.
• Real GDP Growth YoY data in Russia is updated quarterly, available from Mar 1996 to Jun 2025, with an average rate of 0.8 %.
• The data reached an all-time high of 12.0 % in Dec 1981 and a record low of -0.2 % in Dec 2015.

CEIC calculates quarterly Real GDP Growth from quarterly Real GDP. The Federal State Statistics Service provides Real GDP in local currency at 2021 prices, based on SNA 2008. Real GDP Growth prior to Q1 2012 is calculated from Real GDP at 2008 prices and prior to Q1 2004 from Real GDP at 2003 prices, both based on SNA 1993.


Related information about Russia Real GDP Growth

• In the latest reports, Nominal GDP of Russia reached 612.6 USD bn in Jun 2025.
• Its GDP deflator (implicit price deflator) increased 3.6 % in Jun 2025.
• GDP Per Capita in Russia reached 13,817.0 USD in Dec 2023.
• Its Gross Savings Rate was measured at 26.1 % in Jun 2025.
• For Nominal GDP contributions, Investment accounted for 25.1 % in Jun 2025.
• Public Consumption accounted for 20.1 % in Jun 2025.
• Private Consumption accounted for 53.8 % in Jun 2025.

GDP per capita (LCU) of Russian Federation jumped by 14.25% from 1,205,842 LCU in 2023 to 1,377,729 LCU in 2024. Since the 1.65% fall in 2020, GDP per capita (LCU) shot up by 89.03% in 2024. 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.