Merchandise trade as a proportion of GDP (%) in Russia
Russia: Merchandise trade as a proportion of GDP (%) was 33.7% in 2024. ▼ Falling
Merchandise trade as a proportion of GDP in Russia, 2000–2024
Source: United Nations Statistics Division, SDG Global Database. Measured in %.
Analysis
In 2024, merchandise trade as a proportion of gdp in Russia stood at 33.7%. That is the lowest value across all 25 years on record.
That represents a change of down 4.0% on the previous year and down 13.7% over ten years.
Over the whole period, merchandise trade as a proportion of gdp in Russia peaked at 57.7% in 2000 and was at its lowest, 33.7%, in 2024.
Russia ranks 183rd of 220 countries on this measure, in the bottom quarter.
The long-run direction has been consistently falling across the 25 years of available data.
Merchandise trade as a proportion of GDP (%) in Russia, year by year
| Year | % | Change |
|---|---|---|
| 2000 | 57.7% | — |
| 2001 | 50.8% | -12.0% |
| 2002 | 48.7% | -4.1% |
| 2003 | 49.3% | +1.1% |
| 2004 | 47.5% | -3.6% |
| 2005 | 48.3% | +1.8% |
| 2006 | 47.3% | -2.2% |
| 2007 | 44.5% | -5.9% |
| 2008 | 46.0% | +3.4% |
| 2009 | 40.5% | -11.9% |
| 2010 | 42.6% | +5.1% |
| 2011 | 41.3% | -2.9% |
| 2012 | 39.2% | -5.3% |
| 2013 | 37.6% | -3.8% |
| 2014 | 39.1% | +3.8% |
| 2015 | 39.2% | +0.3% |
| 2016 | 37.1% | -5.4% |
| 2017 | 37.6% | +1.4% |
| 2018 | 41.8% | +11.3% |
| 2019 | 39.8% | -4.8% |
| 2020 | 38.4% | -3.4% |
| 2021 | 43.5% | +13.2% |
| 2022 | 37.9% | -12.8% |
| 2023 | 35.1% | -7.3% |
| 2024 | 33.7% | -4.0% |
Russia compared with similar countries
- Russia's 33.7% is below the median for high income countries, which is 56.9%, 59% of the median. (73 countries reporting)
- Russia's 33.7% is below the median for Europe & Central Asia, which is 63.9%, 53% of the median. (50 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 48.0% | 40.5% | 57.7% | 10 |
| 2010s | 39.5% | 37.1% | 42.6% | 10 |
| 2020s | 37.7% | 33.7% | 43.5% | 5 |
Countries ranked near Russia
- 180 Bolivia (Plurinational State of) 34.6% compare
- 181 New Zealand 34.3% compare
- 182 Chad 33.8% compare
- 183 Russian Federation 33.7% compare
- 185 Guinea-Bissau 33.0% compare
- 186 Egypt 33.0% 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 merchandise trade as a proportion of gdp in Russia?
- Merchandise trade as a proportion of gdp in Russia was 33.7% in 2024, according to United Nations Statistics Division, SDG Global Database.
- What is the highest merchandise trade as a proportion of gdp recorded in Russia?
- The highest recorded value was 57.7% in 2000.
- What is the lowest merchandise trade as a proportion of gdp recorded in Russia?
- The lowest recorded value was 33.7% in 2024.
- How does Russia rank for merchandise trade as a proportion of gdp?
- Russia ranks 183rd out of 220 countries with data for 2024.
- Is merchandise trade as a proportion of gdp rising or falling in Russia?
- Over the last ten years it is down 13.7%. The long-run trend across the full record is falling.
- Where does this Russia data come from?
- The figures come from United Nations Statistics Division, SDG Global Database, published as part of Merchandise trade as a proportion of GDP (%). Statizoid updates them automatically from the source API.
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