Gross Domestic Product — Value US$, annual growth rate in Russian Federation
Russian Federation: Gross Domestic Product — Value US$, annual growth rate was 4.16 % change on previous year in 2024. ◆ Volatile
Gross Domestic Product — Value US$, annual growth rate in Russian Federation, 1992–2024
Source: Statizoid (derived). Measured in % change on previous year.
Analysis
The most recent figure for gross domestic product — value us$, annual growth rate in Russian Federation is 4.16 % change on previous year, measured in 2024.
That represents a change of up 136.3% on the previous year and up 140.9% over ten years.
Over the whole period, gross domestic product — value us$, annual growth rate in Russian Federation peaked at 37.32 % change on previous year in 2004 and was at its lowest, -33.79 % change on previous year, in 2015.
That places Russian Federation 146th out of 236 countries with data for 2024, putting it in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Gross Domestic Product — Value US$, annual growth rate in Russian Federation, year by year
| Year | % change on previous year | Change |
|---|---|---|
| 1992 | -12.55 % change on previous year | — |
| 1993 | -6.54 % change on previous year | -47.9% |
| 1994 | -10.84 % change on previous year | +65.8% |
| 1995 | -2.09 % change on previous year | -80.7% |
| 1996 | -1.84 % change on previous year | -11.8% |
| 1997 | 3.28 % change on previous year | -277.8% |
| 1998 | -33.09 % change on previous year | -1109.5% |
| 1999 | -27.7 % change on previous year | -16.3% |
| 2000 | 32.57 % change on previous year | -217.6% |
| 2001 | 18.06 % change on previous year | -44.6% |
| 2002 | 12.68 % change on previous year | -29.8% |
| 2003 | 24.89 % change on previous year | +96.4% |
| 2004 | 37.32 % change on previous year | +49.9% |
| 2005 | 29.29 % change on previous year | -21.5% |
| 2006 | 29.57 % change on previous year | +1.0% |
| 2007 | 31.29 % change on previous year | +5.8% |
| 2008 | 27.79 % change on previous year | -11.2% |
| 2009 | -26.38 % change on previous year | -195.0% |
| 2010 | 24.72 % change on previous year | -193.7% |
| 2011 | 32.86 % change on previous year | +32.9% |
| 2012 | 7.94 % change on previous year | -75.9% |
| 2013 | 3.81 % change on previous year | -52.0% |
| 2014 | -10.17 % change on previous year | -366.9% |
| 2015 | -33.79 % change on previous year | +232.1% |
| 2016 | -6.36 % change on previous year | -81.2% |
| 2017 | 23.29 % change on previous year | -466.4% |
| 2018 | 5.28 % change on previous year | -77.3% |
| 2019 | 2.16 % change on previous year | -59.1% |
| 2020 | -11.81 % change on previous year | -647.1% |
| 2021 | 23.46 % change on previous year | -298.6% |
| 2022 | 23.06 % change on previous year | -1.7% |
| 2023 | -11.46 % change on previous year | -149.7% |
| 2024 | 4.16 % change on previous year | -136.3% |
Biggest year-on-year movements
Years where Gross Domestic Product — Value US$, annual growth rate in Russian Federation changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 1998 | -1109.5% | 3.28 % change on previous year | -33.09 % change on previous year |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | -11.42 % change on previous year | -33.09 % change on previous year | 3.28 % change on previous year | 8 |
| 2000s | 21.71 % change on previous year | -26.38 % change on previous year | 37.32 % change on previous year | 10 |
| 2010s | 4.98 % change on previous year | -33.79 % change on previous year | 32.86 % change on previous year | 10 |
| 2020s | 5.48 % change on previous year | -11.81 % change on previous year | 23.46 % change on previous year | 5 |
Countries ranked near Russian Federation
- 143 Jordan 4.43 % change on previous year compare
- 144 Djibouti 4.32 % change on previous year compare
- 145 Sweden 4.21 % change on previous year compare
- 146 Russia 4.16 % change on previous year compare
- 148 Cameroon 4.15 % change on previous year compare
- 149 Hungary 4.15 % change on previous year compare
More economy & growth data for Russian Federation
- Gross Fixed Capital Formation Deflator — Value Standard Local 8.22 % change on previous year (2024)
- Gross Fixed Capital Formation Deflator — Value US$, 2015 prices -1.14 % change on previous year (2024)
- Gross Domestic Product — Value Standard Local Currency, 2015 prices 4.34 % change on previous year (2024)
- Gross Domestic Product — Value US$, 2015 prices, annual growth rate 4.34 % change on previous year (2024)
- Gross Fixed Capital Formation — Value Standard Local Currency, annual 14.71 % change on previous year (2024)
- Gross Fixed Capital Formation — Value US$, annual growth rate 4.8 % change on previous year (2024)
- Gross Fixed Capital Formation — Value Standard Local Currency, 2015 6 % change on previous year (2024)
- Gross Fixed Capital Formation — Value US$, 2015 prices, annual growth 6 % change on previous year (2024)
- Gross Fixed Capital Formation — Annual growth US$, 2015 prices 6 % (2024)
- Gross Fixed Capital Formation — Annual growth US$ 4.8 % (2024)
Frequently asked questions
- What is gross domestic product — value us$, annual growth rate in Russian Federation?
- Gross domestic product — value us$, annual growth rate in Russian Federation was 4.16 % change on previous year in 2024, according to Statizoid (derived).
- What is the highest gross domestic product — value us$, annual growth rate recorded in Russian Federation?
- The highest recorded value was 37.32 % change on previous year in 2004.
- What is the lowest gross domestic product — value us$, annual growth rate recorded in Russian Federation?
- The lowest recorded value was -33.79 % change on previous year in 2015.
- How does Russian Federation rank for gross domestic product — value us$, annual growth rate?
- Russian Federation ranks 146th out of 236 countries with data for 2024.
- Is gross domestic product — value us$, annual growth rate rising or falling in Russian Federation?
- Over the last ten years it is up 140.9%. The long-run trend across the full record is volatile.
- Where does this Russian Federation data come from?
- The figures come from Statizoid (derived), published as part of Gross Domestic Product — Value US$, annual growth rate. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 33 observations, free to reuse under Derived by Statizoid from the sources named on the page.
How this figure is calculated
The year-on-year percentage change in Gross Domestic Product — Value US$. Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.
Computed from
- Gross Domestic Product — Value US$ Food and Agriculture Organization of the United Nations
Statizoid computes this series; the underlying measurements belong to the publishers named above. The arithmetic is applied to every country and year where both inputs report, and nothing is estimated unless the page says so.
About this data
The year-on-year percentage change in Gross Domestic Product — Value US$. Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.