Gross Domestic Product — Value US$, annual growth rate (US annual) in Russia
Russia: Gross Domestic Product — Value US$, annual growth rate (US annual) was 4.16 % change on previous year in 2024. ◆ Volatile
Gross Domestic Product — Value US$, annual growth rate in Russia, 1992–2024
Source: Statizoid (derived). Measured in % change on previous year.
Analysis
Russia recorded 4.16 % change on previous year for gross domestic product — value us$, annual growth rate 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$, annual growth rate in Russia peaked at 37.32 % change on previous year in 2004 and was at its lowest, -33.79 % change on previous year, in 2015.
Russia ranks 146th of 236 countries on this measure, in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Gross Domestic Product — Value US$, annual growth rate (US annual) in Russia, 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% |
Russia compared with similar countries
- Russia's 4.16 % change on previous year is below the median for high income countries, which is 4.61 % change on previous year, 90% of the median. (73 countries reporting)
- Russia's 4.16 % change on previous year is below the median for Europe & Central Asia, which is 5.92 % change on previous year, 70% of the median. (52 countries reporting)
Biggest year-on-year movements
Years where Gross Domestic Product — Value US$, annual growth rate (US annual) in Russia changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 1998 | -1109.5% | 3.28 % change on previous year | -33.09 % change on previous year |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | -11.42 % change on previous year | -33.09 % change on previous year | 3.28 % change on previous year | 8 |
| 2000s | 21.71 % change on previous year | -26.38 % change on previous year | 37.32 % change on previous year | 10 |
| 2010s | 4.98 % change on previous year | -33.79 % change on previous year | 32.86 % change on previous year | 10 |
| 2020s | 5.48 % change on previous year | -11.81 % change on previous year | 23.46 % change on previous year | 5 |
Countries ranked near Russia
- 143 Jordan 4.43 % change on previous year compare
- 144 Djibouti 4.32 % change on previous year compare
- 145 Sweden 4.21 % change on previous year compare
- 146 Russian Federation 4.16 % change on previous year compare
- 148 Cameroon 4.15 % change on previous year compare
- 149 Hungary 4.15 % change on previous year compare
More economy & growth data for Russia
- Real gdp growth, annual growth rate -80.07 % change on previous year (2025)
- Africa's Development Dynamics (AfDD) Table 04 - Annual real GDP 1.54 Percent per annum (2029)
- Africa's Development Dynamics (AfDD) Table 02 - Annual real GDP 1.25 Percent per annum (2029)
- SDRs holdings, US dollar, annual growth rate 5.55 % change on previous year (2025)
- SDRs holdings, US dollar, per unit of GDP 0.0094 units per US$ of GDP (2025)
- SDRs holdings, US dollar, per capita 168.19 units per person (2025)
- SDRs holdings, SDR, annual growth rate 0.5132 % change on previous year (2025)
- SDRs holdings, SDR, per unit of GDP 0.0069 units per US$ of GDP (2025)
- SDRs holdings, SDR, per capita 122.81 units per person (2025)
- IMF holdings of currency, US dollar, annual growth rate 5.01 % change on previous year (2025)
Frequently asked questions
- What is gross domestic product — value us$, annual growth rate in Russia?
- Gross domestic product — value us$, annual growth rate in Russia was 4.16 % change on previous year in 2024, according to Statizoid (derived).
- What is the highest gross domestic product — value us$, annual growth rate recorded in Russia?
- The highest recorded value was 37.32 % change on previous year in 2004.
- What is the lowest gross domestic product — value us$, annual growth rate recorded in Russia?
- The lowest recorded value was -33.79 % change on previous year in 2015.
- How does Russia rank for gross domestic product — value us$, annual growth rate?
- Russia ranks 146th out of 236 countries with data for 2024.
- Is gross domestic product — value us$, annual growth rate rising or falling in Russia?
- Over the last ten years it is up 140.9%. The long-run trend across the full record is volatile.
- Where does this Russia 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.