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.

Russia GDP for 2023 was 2.021 trillion US dollars, a 10.79% decline from 2022.

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

<li>Russia GDP for 2022 was <strong>2.266 trillion US dollars</strong>, a <strong>22.93% increase</strong> from 2021.</li>
<li>Russia GDP for 2021 was <strong>1.843 trillion US dollars</strong>, a <strong>23.46% increase</strong> from 2020.</li>
<li>Russia GDP for 2020 was <strong>1.493 trillion US dollars</strong>, a <strong>11.81% decline</strong> from 2019.</li>
</ul>GDP at purchaser's prices 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. Dollar figures for GDP are converted from domestic currencies using single year official exchange rates. For a few countries where the official exchange rate does not reflect the rate effectively applied to actual foreign exchange transactions, an alternative conversion factor is used.

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.

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's gross domestic product (GDP) was estimated to grow by 4.1 percent in 2024 compared to the previous year. To compare, in 2022, the country's GDP dropped by around 1.44 percent. 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. Real GDP is adjusted for price changes and is therefore regarded as a key indicator for economic growth. Trade balance of Russia With the exception of 2009, Russia’s GDP was relatively stable year-over-year, however at a higher rate prior to the financial crisis. In 2012, Russia reported a trade surplus, meaning that more goods and services combined were exported than imported. However, Russia primarily profited from exporting goods, earning the majority of its revenues from its trade balance of goods, while the nation posted a trade deficit on its services, its highest loss recorded since 2003. Russia imports and exports its products and services primarily to neighboring countries or countries in Europe. Russia’s most important trade partner is arguably China, potentially due to shared borders and strong political relations between the two nations. China is accountable for roughly 19.2 percent of all of Russia’s imports, however only makes up roughly 8.3 percent of the country’s total exports. China has become an important import partner for many nations around the world as well as a country where larger companies can manufacture goods at a cheaper price.

Russia GOI: Total Rank data was reported at 51.000 NA in 2019. This records a decrease from the previous number of 55.000 NA for 2018. Russia GOI: Total Rank data is updated yearly, averaging 51.000 NA from Dec 2017 (Median) to 2019, with 3 observations. The data reached an all-time high of 55.000 NA in 2018 and a record low of 50.000 NA in 2017. Russia GOI: Total Rank data remains active status in CEIC and is reported by Milken Institute. The data is categorized under Global Database’s Russian Federation – Table RU.Milken: Global Oportunity Index.

Russia GOI: Weighted Rank data was reported at 57.000 NA in 2019. This records an increase from the previous number of 56.000 NA for 2018. Russia GOI: Weighted Rank data is updated yearly, averaging 57.000 NA from Dec 2017 (Median) to 2019, with 3 observations. The data reached an all-time high of 59.000 NA in 2017 and a record low of 56.000 NA in 2018. Russia GOI: Weighted Rank data remains active status in CEIC and is reported by Milken Institute. The data is categorized under Global Database’s Russian Federation – Table RU.Milken: Global Oportunity Index.

NWF: Debt Obligations of Foreign States Without Long Term Credit Rating data was reported at 3.000 USD bn in Feb 2025. This stayed constant from the previous number of 3.000 USD bn for Jan 2025. NWF: Debt Obligations of Foreign States Without Long Term Credit Rating data is updated monthly, averaging 3.000 USD bn from Dec 2013 (Median) to Feb 2025, with 135 observations. The data reached an all-time high of 3.000 USD bn in Feb 2025 and a record low of 3.000 USD bn in Feb 2025. NWF: Debt Obligations of Foreign States Without Long Term Credit Rating data remains active status in CEIC and is reported by Ministry of Finance of the Russian Federation. The data is categorized under Russia Premium Database’s Government and Public Finance – Table RU.FE001: National Wealth Fund: Total Amount.

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 demonstrated the largest gross domestic product (GDP) in Eurasia and the Commonwealth of Independent States (CIS) in 2024, at approximately *** trillion U.S. dollars. To compare, Kazakhstan's GDP was measured at around *** billion U.S. dollars in the same year. Tajikistan had the lowest GDP in Eurasia, at ** billion U.S. dollars. Commonwealth of Independent States The CIS is an organization of post-Soviet states founded after the collapse of the Union of Soviet Socialist Republics (USSR) in 1991. Its official members are Armenia, Azerbaijan, Belarus, Kazakhstan, Kyrgyzstan, Moldova, Russia, Tajikistan, and Uzbekistan. Energy in the CIS Several countries in the CIS are among the leading energy producers and exporters, such as Russia, Kazakhstan, and Azerbaijan. In 2023, the CIS countries exported around *** million barrels of oil daily. The region's overall primary energy consumption exceeded ** exajoules in 2023, which was close to the figure recorded for the Middle East.

Russia is the 154 least corrupt nation out of 180 countries, according to the 2024 Corruption Perceptions Index reported by Transparency International. This dataset provides the latest reported value for - Russia Corruption Rank - 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.

Abstract

Financial inclusion is critical in reducing poverty and achieving inclusive economic growth. When people can participate in the financial system, they are better able to start and expand businesses, invest in their children’s education, and absorb financial shocks. Yet prior to 2011, little was known about the extent of financial inclusion and the degree to which such groups as the poor, women, and rural residents were excluded from formal financial systems.

By collecting detailed indicators about how adults around the world manage their day-to-day finances, the Global Findex allows policy makers, researchers, businesses, and development practitioners to track how the use of financial services has changed over time. The database can also be used to identify gaps in access to the formal financial system and design policies to expand financial inclusion.

Geographic coverage

Sample excludes remote or difficult-to-access areas in the Far North, North Caucasus, and Far East (Nenets autonomous region, Yamalo-Nenetsautonomous region, Chukotsk region) as well as other remote or difficult-to-access districts. The excluded areas represent about 20% of the population.

Analysis unit

Individuals

Universe

The target population is the civilian, non-institutionalized population 15 years and above.

Kind of data

Observation data/ratings [obs]

Sampling procedure

The indicators in the 2017 Global Findex database are drawn from survey data covering almost 150,000 people in 144 economies-representing more than 97 percent of the world's population (see Table A.1 of the Global Findex Database 2017 Report for a list of the economies included). The survey was carried out over the 2017 calendar year by Gallup, Inc., as part of its Gallup World Poll, which since 2005 has annually conducted surveys of approximately 1,000 people in each of more than 160 economies and in over 150 languages, using randomly selected, nationally representative samples. The target population is the entire civilian, noninstitutionalized population age 15 and above. Interview procedure Surveys are conducted face to face in economies where telephone coverage represents less than 80 percent of the population or where this is the customary methodology. In most economies the fieldwork is completed in two to four weeks.

In economies where face-to-face surveys are conducted, the first stage of sampling is the identification of primary sampling units. These units are stratified by population size, geography, or both, and clustering is achieved through one or more stages of sampling. Where population information is available, sample selection is based on probabilities proportional to population size; otherwise, simple random sampling is used. Random route procedures are used to select sampled households. Unless an outright refusal occurs, interviewers make up to three attempts to survey the sampled household. To increase the probability of contact and completion, attempts are made at different times of the day and, where possible, on different days. If an interview cannot be obtained at the initial sampled household, a simple substitution method is used.

Respondents are randomly selected within the selected households. Each eligible household member is listed and the handheld survey device randomly selects the household member to be interviewed. For paper surveys, the Kish grid method is used to select the respondent. In economies where cultural restrictions dictate gender matching, respondents are randomly selected from among all eligible adults of the interviewer's gender.

In economies where telephone interviewing is employed, random digit dialing or a nationally representative list of phone numbers is used. In most economies where cell phone penetration is high, a dual sampling frame is used. Random selection of respondents is achieved by using either the latest birthday or household enumeration method. At least three attempts are made to reach a person in each household, spread over different days and times of day.

The sample size was 2000.

Mode of data collection

Computer Assisted Personal Interview [capi]

Research instrument

The questionnaire was designed by the World Bank, in conjunction with a Technical Advisory Board composed of leading academics, practitioners, and policy makers in the field of financial inclusion. The Bill and Melinda Gates Foundation and Gallup Inc. also provided valuable input. The questionnaire was piloted in multiple countries, using focus groups, cognitive interviews, and field testing. The questionnaire is available in more than 140 languages upon request.

Questions on cash on delivery, saving using an informal savings club or person outside the family, domestic remittances, and agricultural payments are only asked in developing economies and few other selected countries. The question on mobile money accounts was only asked in economies that were part of the Mobile Money for the Unbanked (MMU) database of the GSMA at the time the interviews were being held.

Sampling error estimates

Estimates of standard errors (which account for sampling error) vary by country and indicator. For country-specific margins of error, please refer to the Methodology section and corresponding table in Demirgüç-Kunt, Asli, Leora Klapper, Dorothe Singer, Saniya Ansar, and Jake Hess. 2018. The Global Findex Database 2017: Measuring Financial Inclusion and the Fintech Revolution. Washington, DC: World Bank

The USD/RUB exchange rate rose to 78.2980 on July 11, 2025, up 0.96% from the previous session. Over the past month, the Russian Ruble has strengthened 2.13%, and is up by 10.90% over the last 12 months. Russian Ruble - values, historical data, forecasts and news - updated on July 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.

Since the beginning of the 21st century, the BRICS countries have been considered the five foremost developing economies in the world. Originally, the term BRIC was used by economists when talking about the emerging economies of Brazil, Russia, India, and China, however these countries have held annual summits since 2009, and the group has expanded to include South Africa since 2010. China has the largest GDP of the BRICS country, at 16.86 trillion U.S. dollars in 2021, while the others are all below three trillion. Combined, the BRICS bloc has a GDP over 25.85 trillion U.S. dollars in 2022, which is slightly more than the United States. BRICS economic development China has consistently been the largest economy of this bloc, and its rapid growth has seen it become the second largest economy in the world, behind the U.S.. China's growth has also been much faster than the other BRICS countries; for example, when compared with the second largest BRICS economy, its GDP was less than double the size of Brazil's in 2000, but is almost six times larger than India's in 2021. Since 2000, the country with the second largest GDP has fluctuated between Brazil, Russia, and India, due to a variety of factors, although India has held this position since 2015 (when the other two experienced recession), and it's growth rate is on track to surpass China's in the coming decade. South Africa has consistently had the smallest economy of the BRICS bloc, and it has just the third largest economy in Africa; its inclusion in this group is due to the fact that it is the most advanced and stable major economy in Africa, and it holds strategic importance due to the financial potential of the continent in the coming decades. Future developments It is predicted that China's GDP will overtake that of the U.S. by the end of the 2020s, to become the largest economy in the world, while some also estimate that India will also overtake the U.S. around the middle of the century. Additionally, the BRICS group is more than just an economic or trading bloc, and its New Development Bank was established in 2014 to invest in sustainable infrastructure and renewable energy across the globe. While relations between its members were often strained or of less significance in the 20th century, their current initiatives have given them a much greater international influence. The traditional great powers represented in the Group of Seven (G7) have seen their international power wane in recent decades, while BRICS countries have seen theirs grow, especially on a regional level. Today, the original BRIC countries combine with the Group of Seven (G7), to make up 11 of the world's 12 largest economies, but it is predicted that they will move further up on this list in the coming decades.

In 2025, the United States had the largest economy in the world, with a gross domestic product of over 30 trillion U.S. dollars. China had the second largest economy, at around 19.23 trillion U.S. dollars. Recent adjustments in the list have seen Germany's economy overtake Japan's to become the third-largest in the world in 2023, while Brazil's economy moved ahead of Russia's in 2024. Global gross domestic product Global gross domestic product amounts to almost 110 trillion U.S. dollars, with the United States making up more than one-quarter of this figure alone. The 12 largest economies in the world include all Group of Seven (G7) economies, as well as the four largest BRICS economies. The U.S. has consistently had the world's largest economy since the interwar period, and while previous reports estimated it would be overtaken by China in the 2020s, more recent projections estimate the U.S. economy will remain the largest by a considerable margin going into the 2030s.The gross domestic product of a country is calculated by taking spending and trade into account, to show how much the country can produce in a certain amount of time, usually per year. It represents the value of all goods and services produced during that year. Those countries considered to have emerging or developing economies account for almost 60 percent of global gross domestic product, while advanced economies make up over 40 percent.

The average for 2021 based on 196 countries was 656013 sq. km. The highest value was in Russia: 16376870 sq. km and the lowest value was in Monaco: 2 sq. km. The indicator is available from 1961 to 2022. Below is a chart for all countries where data are available.

TE: Russia: Enjoy Japanese Pop Culture data was reported at 7.000 Person in Mar 2018. This records a decrease from the previous number of 21.000 Person for Dec 2017. TE: Russia: Enjoy Japanese Pop Culture data is updated quarterly, averaging 7.000 Person from Mar 2014 (Median) to Mar 2018, with 17 observations. The data reached an all-time high of 21.000 Person in Dec 2017 and a record low of 5.000 Person in Sep 2015. TE: Russia: Enjoy Japanese Pop Culture data remains active status in CEIC and is reported by Ministry of Land, Infrastructure, Transport and Tourism. The data is categorized under Global Database’s Japan – Table JP.Q032: Tourism and Leisure: Satisfaction Rating Visiting to Japan.

Russia scored 22 points out of 100 on the 2024 Corruption Perceptions Index reported by Transparency International. This dataset provides the latest reported value for - Russia Corruption Index - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.