Gross Domestic Product — Value Standard Local Currency, 2015 prices in Russia
Russia: Gross Domestic Product — Value Standard Local Currency, 2015 prices was 98.13 million million SLC in 2024. ▲ Rising
Gross Domestic Product — Value Standard Local Currency, 2015 prices in Russia, 1991–2024
Source: Food and Agriculture Organization of the United Nations. Measured in million SLC.
Analysis
The most recent figure for gross domestic product — value standard local currency, 2015 prices in Russia is 98.13 million million SLC, measured in 2024. That is the highest value across all 34 years on record.
That represents a change of up 4.3% on the previous year and up 15.8% over ten years.
Over the whole period, gross domestic product — value standard local currency, 2015 prices in Russia peaked at 98.13 million million SLC in 2024 and was at its lowest, 40.76 million million SLC, in 1998.
That places Russia 22nd out of 223 countries with data for 2024, putting it in the top 10%.
The long-run direction has been consistently rising across the 34 years of available data.
Gross Domestic Product — Value Standard Local Currency, 2015 prices in Russia, year by year
| Year | million SLC | Change |
|---|---|---|
| 1991 | 67.43 million million SLC | — |
| 1992 | 57.65 million million SLC | -14.5% |
| 1993 | 52.64 million million SLC | -8.7% |
| 1994 | 45.95 million million SLC | -12.7% |
| 1995 | 44.07 million million SLC | -4.1% |
| 1996 | 42.48 million million SLC | -3.6% |
| 1997 | 43.07 million million SLC | +1.4% |
| 1998 | 40.76 million million SLC | -5.3% |
| 1999 | 43.35 million million SLC | +6.4% |
| 2000 | 47.71 million million SLC | +10.0% |
| 2001 | 50.14 million million SLC | +5.1% |
| 2002 | 52.51 million million SLC | +4.7% |
| 2003 | 56.35 million million SLC | +7.3% |
| 2004 | 60.39 million million SLC | +7.2% |
| 2005 | 64.24 million million SLC | +6.4% |
| 2006 | 69.48 million million SLC | +8.2% |
| 2007 | 75.41 million million SLC | +8.5% |
| 2008 | 79.36 million million SLC | +5.2% |
| 2009 | 73.16 million million SLC | -7.8% |
| 2010 | 76.45 million million SLC | +4.5% |
| 2011 | 79.49 million million SLC | +4.0% |
| 2012 | 82.69 million million SLC | +4.0% |
| 2013 | 84.14 million million SLC | +1.8% |
| 2014 | 84.76 million million SLC | +0.7% |
| 2015 | 83.09 million million SLC | -2.0% |
| 2016 | 83.25 million million SLC | +0.2% |
| 2017 | 84.77 million million SLC | +1.8% |
| 2018 | 87.15 million million SLC | +2.8% |
| 2019 | 89.06 million million SLC | +2.2% |
| 2020 | 86.70 million million SLC | -2.7% |
| 2021 | 91.89 million million SLC | +6.0% |
| 2022 | 90.79 million million SLC | -1.2% |
| 2023 | 94.04 million million SLC | +3.6% |
| 2024 | 98.13 million million SLC | +4.3% |
Russia compared with similar countries
- Russia's 98.13 million million SLC is above the median for high income countries, which is 202,758 million SLC, 484.0× the median. (73 countries reporting)
- Russia's 98.13 million million SLC is above the median for Europe & Central Asia, which is 410,343 million SLC, 239.1× the median. (52 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 48.60 million million SLC | 40.76 million million SLC | 67.43 million million SLC | 9 |
| 2000s | 62.87 million million SLC | 47.71 million million SLC | 79.36 million million SLC | 10 |
| 2010s | 83.48 million million SLC | 76.45 million million SLC | 89.06 million million SLC | 10 |
| 2020s | 92.31 million million SLC | 86.70 million million SLC | 98.13 million million SLC | 5 |
Countries ranked near Russia
- 19 Guinea 116.04 million million SLC compare
- 20 China, mainland 111.29 million million SLC compare
- 21 Nigeria 111.14 million million SLC compare
- 22 Russian Federation 98.13 million million SLC compare
- 24 Myanmar 90.88 million million SLC compare
- 25 Democratic Republic of the Congo 56.14 million million SLC compare
More economy & growth data for Russia
- Africa's Development Dynamics (AfDD) Table 04 - Annual real GDP 1.54 Percent per annum (2029)
- Africa's Development Dynamics (AfDD) Table 02 - Annual real GDP 1.25 Percent per annum (2029)
- Foreign direct investment, net outflows (BoP, current US$), gaps 10.58 billion BoP, current US$ (2025)
- Foreign direct investment, net outflows (BoP, current US$), per unit 0.0041 BoP, current US$ per US$ of GDP (2025)
- Foreign direct investment, net outflows (BoP, current US$), per capita 73.7 BoP, current US$ per person (2025)
- Foreign direct investment, net inflows (BoP, current US$), gaps filled 22.93 billion BoP, current US$ (2025)
- Foreign direct investment, net inflows (BoP, current US$), annual 345.24 % change on previous year (2025)
- Foreign direct investment, net inflows (BoP, current US$), per unit 0.009 BoP, current US$ per US$ of GDP (2025)
- Foreign direct investment, net inflows (BoP, current US$), per capita 159.78 BoP, current US$ per person (2025)
- Total reserves (includes gold, current US$), annual growth rate 1.87 % change on previous year (2024)
Frequently asked questions
- What is gross domestic product — value standard local currency, 2015 prices in Russia?
- Gross domestic product — value standard local currency, 2015 prices in Russia was 98.13 million million SLC in 2024, according to Food and Agriculture Organization of the United Nations.
- What is the highest gross domestic product — value standard local currency, 2015 prices recorded in Russia?
- The highest recorded value was 98.13 million million SLC in 2024.
- What is the lowest gross domestic product — value standard local currency, 2015 prices recorded in Russia?
- The lowest recorded value was 40.76 million million SLC in 1998.
- How does Russia rank for gross domestic product — value standard local currency, 2015 prices?
- Russia ranks 22nd out of 223 countries with data for 2024.
- Is gross domestic product — value standard local currency, 2015 prices rising or falling in Russia?
- Over the last ten years it is up 15.8%. The long-run trend across the full record is rising.
- Where does this Russia data come from?
- The figures come from Food and Agriculture Organization of the United Nations, published as part of Gross Domestic Product — Value Standard Local Currency, 2015 prices. Statizoid updates them automatically from the source API.
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About this data
The FAOSTAT Macro Indicators database provides a selection of country-level macro indicators relating to total economy (Gross Domestic Product, Gross Fixed Capital Formation); agriculture activity; agriculture, forestry and fishing activity; total manufacturing activity; manufacturing of food products and beverages activity; manufacturing activity of tobacco products; and manufacturing activity of food, beverage and tobacco products.It releases time series for a selection of National Accounts variables, including gross domestic product, gross fixed capital formation, industry-level value added and gross output. The database also proposes additional indicators such as gross domestic product per capita, year-on-year growth rates and measures of industry contribution to gross domestic product. All data relating to Gross Domestic Product, Gross Fixed Capital Formation, agriculture, forestry and fishing activity, and to total manufacturing activity originates from the United Nations Statistics Division (UNSD) National Accounts Estimates of Main Aggregates database, which consists of a complete and consistent set of time series of the main National Accounts aggregates of all UN Members States and other territories in the world for which National Accounts information is available. The UNSD database's content is based on the countries' official National Accounts data reported to UNSD through the annual National Accounts Questionnaire, supplemented with data estimates for any years and countries with incomplete or inconsistent information (See http://unstats.un.org/unsd/snaama/Introduction.asp). Data series relating to the sub-industry Agriculture activity are obtained from the UNSD national accounts Official Country Data databases while series on the Manufacturing activity of food and beverages products, manufacturing activity of tobacco products and manufacturing activity of food, beverages and tobacco products originates from the United Nations Industrial Development Organization (UNIDO) INDSTAT2 database. In order to ensure that sub-industry series are consistent in levels with National Accounts based series, which is needed to support comparability across industries (agriculture vs. agro-industry and sub-industries), UNIDO originating series are rescaled on UNSD National Accounts Estimates of Main Aggregates data series (See Section 17.5 for a more detailed description of the data processing steps).