GDP growth in Russia

Russia: GDP growth was 4.34 in 2024. ◆ Volatile

Latest (2024)
4.34
Change on year
up 6.4%
World rank
12th
of 74 countries
All-time high
10
in 2000
All-time low
-14.53
in 1992
Years of data
35
1990–2024

GDP growth in Russia, 1990–2024

-15-10-505101990200720241990: -31991: -51992: -14.51993: -8.71994: -12.61995: -4.11996: -3.81997: 1.41998: -5.31999: 6.42000: 102001: 5.12002: 4.72003: 7.32004: 7.22005: 6.42006: 8.22007: 8.52008: 5.22009: -7.82010: 4.52011: 4.32012: 42013: 1.82014: 0.7362015: -22016: 0.1942017: 1.82018: 2.82019: 2.22020: -2.72021: 5.92022: -1.42023: 4.12024: 4.3

Source: UNICEF.

Analysis

Russia recorded 4.34 for gdp growth in 2024.

That represents a change of up 6.4% on the previous year and up 490.1% over ten years.

Over the whole period, gdp growth in Russia peaked at 10 in 2000 and was at its lowest, -14.53, in 1992.

Russia ranks 12th of 74 countries on this measure, in the top quarter.

The series is highly variable year to year, so single readings are best treated with caution.

GDP growth in Russia, year by year

Annual values for GDP growth (annual %) in Russia, 1990 to 2024.
Year Value Change
1990 -3
1991 -5.05 +68.2%
1992 -14.53 +187.9%
1993 -8.67 -40.3%
1994 -12.57 +45.0%
1995 -4.14 -67.0%
1996 -3.76 -9.4%
1997 1.4 -137.3%
1998 -5.3 -478.6%
1999 6.4 -220.8%
2000 10 +56.3%
2001 5.1 -49.0%
2002 4.7 -7.8%
2003 7.3 +55.3%
2004 7.2 -1.4%
2005 6.4 -11.1%
2006 8.2 +28.1%
2007 8.5 +3.7%
2008 5.2 -38.8%
2009 -7.8 -250.0%
2010 4.5 -157.7%
2011 4.3 -4.4%
2012 4.02 -6.4%
2013 1.76 -56.4%
2014 0.7363 -58.1%
2015 -1.97 -367.9%
2016 0.1937 -109.8%
2017 1.83 +842.6%
2018 2.81 +53.8%
2019 2.2 -21.7%
2020 -2.65 -220.7%
2021 5.87 -321.1%
2022 -1.44 -124.5%
2023 4.08 -384.3%
2024 4.34 +6.4%

Averages by decade

DecadeAverage LowestHighest Years
1990s -4.92 -14.53 6.4 10
2000s 5.48 -7.8 10 10
2010s 2.04 -1.97 4.5 10
2020s 2.04 -2.65 5.87 5

Countries ranked near Russia

  1. 9 Armenia 5.9 compare
  2. 10 Kazakhstan 5 compare
  3. 11 Kosovo (UNSCR 1244) 4.57 compare
  4. 13 Azerbaijan 4.07 compare
  5. 14 Albania 4.05 compare
  6. 15 Belarus 4.01 compare

See the full ranking of 74 places →

More economy & growth data for Russia

All data for Russia →

Frequently asked questions

What is gdp growth in Russia?
Gdp growth in Russia was 4.34 in 2024, according to UNICEF.
What is the highest gdp growth recorded in Russia?
The highest recorded value was 10 in 2000.
What is the lowest gdp growth recorded in Russia?
The lowest recorded value was -14.53 in 1992.
How does Russia rank for gdp growth?
Russia ranks 12th out of 74 countries with data for 2024.
Is gdp growth rising or falling in Russia?
Over the last ten years it is up 490.1%. The long-run trend across the full record is volatile.
Where does this Russia data come from?
The figures come from UNICEF, published as part of GDP growth (annual %). Statizoid updates them automatically from the source API.

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GDP growth in Russia. Statizoid, drawing on UNICEF. Retrieved 27 August 2026, from https://economy.statizoid.com/stat/gdp-growth-annual-percent-4/russian-federation/

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About this data

Indicator
GDP growth (annual %)
Source
UNICEF
Licence
UNICEF Terms of Use (attribution required)
Coverage
74 places, 3,610 data points, 1961–2024
Last refreshed