Gross Domestic Product — Value US$ in Russia
Russia: Gross Domestic Product — Value US$ was 2.09 million million USD in 2024. ◆ Volatile
Gross Domestic Product — Value US$ in Russia, 1991–2024
Source: Food and Agriculture Organization of the United Nations. Measured in million USD.
Analysis
In 2024, gross domestic product — value us$ in Russia stood at 2.09 million million USD.
The figure is up 4.2% on the previous year and up 1.6% over ten years.
Over the whole period, gross domestic product — value us$ in Russia peaked at 2.29 million million USD in 2013 and was at its lowest, 197,303 million USD, in 1999.
Russia ranks 13th of 236 countries on this measure, in the top 10%.
The series is highly variable year to year, so single readings are best treated with caution.
Gross Domestic Product — Value US$ in Russia, year by year
| Year | million USD | Change |
|---|---|---|
| 1991 | 563,806 million USD | — |
| 1992 | 493,038 million USD | -12.6% |
| 1993 | 460,814 million USD | -6.5% |
| 1994 | 410,880 million USD | -10.8% |
| 1995 | 402,296 million USD | -2.1% |
| 1996 | 394,881 million USD | -1.8% |
| 1997 | 407,824 million USD | +3.3% |
| 1998 | 272,882 million USD | -33.1% |
| 1999 | 197,303 million USD | -27.7% |
| 2000 | 261,567 million USD | +32.6% |
| 2001 | 308,801 million USD | +18.1% |
| 2002 | 347,948 million USD | +12.7% |
| 2003 | 434,560 million USD | +24.9% |
| 2004 | 596,725 million USD | +37.3% |
| 2005 | 771,495 million USD | +29.3% |
| 2006 | 999,623 million USD | +29.6% |
| 2007 | 1.31 million million USD | +31.3% |
| 2008 | 1.68 million million USD | +27.8% |
| 2009 | 1.23 million million USD | -26.4% |
| 2010 | 1.54 million million USD | +24.7% |
| 2011 | 2.05 million million USD | +32.9% |
| 2012 | 2.21 million million USD | +7.9% |
| 2013 | 2.29 million million USD | +3.8% |
| 2014 | 2.06 million million USD | -10.2% |
| 2015 | 1.36 million million USD | -33.8% |
| 2016 | 1.28 million million USD | -6.4% |
| 2017 | 1.57 million million USD | +23.3% |
| 2018 | 1.66 million million USD | +5.3% |
| 2019 | 1.69 million million USD | +2.2% |
| 2020 | 1.49 million million USD | -11.8% |
| 2021 | 1.84 million million USD | +23.5% |
| 2022 | 2.27 million million USD | +23.1% |
| 2023 | 2.01 million million USD | -11.5% |
| 2024 | 2.09 million million USD | +4.2% |
Russia compared with similar countries
- Russia's 2.09 million million USD is above the median for high income countries, which is 95,350 million USD, 21.9× the median. (73 countries reporting)
- Russia's 2.09 million million USD is above the median for Europe & Central Asia, which is 97,163 million USD, 21.5× the median. (52 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 400,414 million USD | 197,303 million USD | 563,806 million USD | 9 |
| 2000s | 794,488 million USD | 261,567 million USD | 1.68 million million USD | 10 |
| 2010s | 1.77 million million USD | 1.28 million million USD | 2.29 million million USD | 10 |
| 2020s | 1.94 million million USD | 1.49 million million USD | 2.27 million million USD | 5 |
Countries ranked near Russia
- 10 Canada 2.21 million million USD compare
- 11 Brazil 2.18 million million USD compare
- 12 Australia and New Zealand 2.09 million million USD compare
- 13 Russian Federation 2.09 million million USD compare
- 15 Republic of Korea 1.87 million million USD compare
- 16 Mexico 1.85 million million USD 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$), annual growth rate 1.87 % change on previous year (2024)
Frequently asked questions
- What is gross domestic product — value us$ in Russia?
- Gross domestic product — value us$ in Russia was 2.09 million million USD in 2024, according to Food and Agriculture Organization of the United Nations.
- What is the highest gross domestic product — value us$ recorded in Russia?
- The highest recorded value was 2.29 million million USD in 2013.
- What is the lowest gross domestic product — value us$ recorded in Russia?
- The lowest recorded value was 197,303 million USD in 1999.
- How does Russia rank for gross domestic product — value us$?
- Russia ranks 13th out of 236 countries with data for 2024.
- Is gross domestic product — value us$ rising or falling in Russia?
- Over the last ten years it is up 1.6%. The long-run trend across the full record is volatile.
- 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 US$. 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).