Inflation, consumer prices in Russia
Russia: Inflation, consumer prices was 8.43 in 2024. ◆ Volatile
Latest (2024)
8.43
Change on year
up 43.8%
World rank
10th
of 70 countries
All-time high
874.25
in 1993
All-time low
2.88
in 2018
Years of data
32
1993–2024
Inflation, consumer prices in Russia, 1993–2024
Source: UNICEF.
Analysis
Russia recorded 8.43 for inflation, consumer prices in 2024.
Compared with earlier readings it is up 43.8% on the previous year and up 7.9% over ten years.
Over the whole period, inflation, consumer prices in Russia peaked at 874.25 in 1993 and was at its lowest, 2.88, in 2018.
Russia ranks 10th of 70 countries on this measure, in the top quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Inflation, consumer prices in Russia, year by year
| Year | Value | Change |
|---|---|---|
| 1993 | 874.25 | — |
| 1994 | 307.72 | -64.8% |
| 1995 | 197.41 | -35.8% |
| 1996 | 47.75 | -75.8% |
| 1997 | 14.76 | -69.1% |
| 1998 | 27.69 | +87.6% |
| 1999 | 85.75 | +209.7% |
| 2000 | 20.8 | -75.7% |
| 2001 | 21.48 | +3.3% |
| 2002 | 15.79 | -26.5% |
| 2003 | 13.66 | -13.5% |
| 2004 | 10.89 | -20.3% |
| 2005 | 12.69 | +16.5% |
| 2006 | 9.67 | -23.8% |
| 2007 | 9.01 | -6.8% |
| 2008 | 14.11 | +56.7% |
| 2009 | 11.65 | -17.5% |
| 2010 | 6.85 | -41.2% |
| 2011 | 8.44 | +23.2% |
| 2012 | 5.07 | -39.9% |
| 2013 | 6.75 | +33.1% |
| 2014 | 7.82 | +15.8% |
| 2015 | 15.53 | +98.6% |
| 2016 | 7.04 | -54.7% |
| 2017 | 3.68 | -47.7% |
| 2018 | 2.88 | -21.9% |
| 2019 | 4.47 | +55.4% |
| 2020 | 3.38 | -24.4% |
| 2021 | 6.69 | +97.9% |
| 2022 | 13.74 | +105.3% |
| 2023 | 5.87 | -57.3% |
| 2024 | 8.43 | +43.8% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 222.19 | 14.76 | 874.25 | 7 |
| 2000s | 13.97 | 9.01 | 21.48 | 10 |
| 2010s | 6.85 | 2.88 | 15.53 | 10 |
| 2020s | 7.62 | 3.38 | 13.74 | 5 |
Countries ranked near Russia
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)
- GDP (current US$), annual growth rate 17.14 % change on previous year (2025)
- GDP (current US$), per capita 17,847 current US$ per person (2025)
- GDP (current LCU), annual growth rate 5.9 % change on previous year (2025)
- GDP (current LCU), per unit of GDP 83.65 current LCU per US$ of GDP (2025)
- GDP (current LCU), per capita 1.49 million current LCU per person (2025)
- GDP (constant 2015 US$), annual growth rate 1 % change on previous year (2025)
- GDP (constant 2015 US$), per unit of GDP 0.6392 constant 2015 US$ per US$ of GDP (2025)
- GDP (constant 2015 US$), per capita 11,408 constant 2015 US$ per person (2025)
Frequently asked questions
- What is inflation, consumer prices in Russia?
- Inflation, consumer prices in Russia was 8.43 in 2024, according to UNICEF.
- What is the highest inflation, consumer prices recorded in Russia?
- The highest recorded value was 874.25 in 1993.
- What is the lowest inflation, consumer prices recorded in Russia?
- The lowest recorded value was 2.88 in 2018.
- How does Russia rank for inflation, consumer prices?
- Russia ranks 10th out of 70 countries with data for 2024.
- Is inflation, consumer prices rising or falling in Russia?
- Over the last ten years it is up 7.9%. The long-run trend across the full record is volatile.
- Where does this Russia data come from?
- The figures come from UNICEF, published as part of Inflation, consumer prices (annual %). Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 32 observations, free to reuse under UNICEF Terms of Use (attribution required).