Gross Domestic Product — Value Standard Local Currency in Russian Federation
Russian Federation: Gross Domestic Product — Value Standard Local Currency was 195.03 million million SLC in 2024. ◆ Volatile
Gross Domestic Product — Value Standard Local Currency in Russian Federation, 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 in Russian Federation is 195.03 million million SLC, measured in 2024. That is the highest value across all 34 years on record.
The figure is up 14.0% on the previous year and up 146.8% over ten years.
Over the whole period, gross domestic product — value standard local currency in Russian Federation peaked at 195.03 million million SLC in 2024 and was at its lowest, 1,306 million SLC, in 1991.
That places Russian Federation 22nd out of 218 countries with data for 2024, putting it in the top 10%.
The series is highly variable year to year, so single readings are best treated with caution.
Gross Domestic Product — Value Standard Local Currency in Russian Federation, year by year
| Year | million SLC | Change |
|---|---|---|
| 1991 | 1,306 million SLC | — |
| 1992 | 17,750 million SLC | +1259.0% |
| 1993 | 160,176 million SLC | +802.4% |
| 1994 | 570,386 million SLC | +256.1% |
| 1995 | 1.44 million million SLC | +152.2% |
| 1996 | 2.02 million million SLC | +40.6% |
| 1997 | 2.36 million million SLC | +16.7% |
| 1998 | 2.65 million million SLC | +12.3% |
| 1999 | 4.86 million million SLC | +83.4% |
| 2000 | 7.36 million million SLC | +51.5% |
| 2001 | 9.01 million million SLC | +22.4% |
| 2002 | 10.91 million million SLC | +21.1% |
| 2003 | 13.34 million million SLC | +22.3% |
| 2004 | 17.19 million million SLC | +28.9% |
| 2005 | 21.82 million million SLC | +26.9% |
| 2006 | 27.18 million million SLC | +24.6% |
| 2007 | 33.57 million million SLC | +23.5% |
| 2008 | 41.68 million million SLC | +24.2% |
| 2009 | 39.19 million million SLC | -6.0% |
| 2010 | 46.76 million million SLC | +19.3% |
| 2011 | 60.11 million million SLC | +28.6% |
| 2012 | 68.10 million million SLC | +13.3% |
| 2013 | 72.99 million million SLC | +7.2% |
| 2014 | 79.03 million million SLC | +8.3% |
| 2015 | 83.09 million million SLC | +5.1% |
| 2016 | 85.62 million million SLC | +3.0% |
| 2017 | 91.84 million million SLC | +7.3% |
| 2018 | 103.86 million million SLC | +13.1% |
| 2019 | 109.61 million million SLC | +5.5% |
| 2020 | 107.66 million million SLC | -1.8% |
| 2021 | 135.77 million million SLC | +26.1% |
| 2022 | 155.35 million million SLC | +14.4% |
| 2023 | 171.04 million million SLC | +10.1% |
| 2024 | 195.03 million million SLC | +14.0% |
Russian Federation compared with similar countries
- Russian Federation's 195.03 million million SLC is above the median for high income countries, which is 257,567 million SLC, 757.2× the median. (72 countries reporting)
- Russian Federation's 195.03 million million SLC is above the median for Europe & Central Asia, which is 507,692 million SLC, 384.1× the median. (52 countries reporting)
Biggest year-on-year movements
Years where Gross Domestic Product — Value Standard Local Currency in Russian Federation changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 1992 | +1259.0% | 1,306 million SLC | 17,750 million SLC |
| 1993 | +802.4% | 17,750 million SLC | 160,176 million SLC |
| 1994 | +256.1% | 160,176 million SLC | 570,386 million SLC |
| 1995 | +152.2% | 570,386 million SLC | 1.44 million million SLC |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 1.56 million million SLC | 1,306 million SLC | 4.86 million million SLC | 9 |
| 2000s | 22.12 million million SLC | 7.36 million million SLC | 41.68 million million SLC | 10 |
| 2010s | 80.10 million million SLC | 46.76 million million SLC | 109.61 million million SLC | 10 |
| 2020s | 152.97 million million SLC | 107.66 million million SLC | 195.03 million million SLC | 5 |
Countries ranked near Russian Federation
- 19 United Republic of Tanzania 211.61 million million SLC compare
- 20 Uganda 210.60 million million SLC compare
- 21 Democratic Republic of the Congo 197.86 million million SLC compare
- 23 Cambodia 190.94 million million SLC compare
- 24 Myanmar 151.04 million million SLC compare
- 25 Sudan 146.85 million million SLC compare
More economy & growth data for Russian Federation
- 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 in Russian Federation?
- Gross domestic product — value standard local currency in Russian Federation was 195.03 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 recorded in Russian Federation?
- The highest recorded value was 195.03 million million SLC in 2024.
- What is the lowest gross domestic product — value standard local currency recorded in Russian Federation?
- The lowest recorded value was 1,306 million SLC in 1991.
- How does Russian Federation rank for gross domestic product — value standard local currency?
- Russian Federation ranks 22nd out of 218 countries with data for 2024.
- Is gross domestic product — value standard local currency rising or falling in Russian Federation?
- Over the last ten years it is up 146.8%. The long-run trend across the full record is volatile.
- Where does this Russian Federation 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. 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).