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Europe & Central Asia · High income

Russia: the economy in numbers

Per person: $17,547, or $49,568 at purchasing power parity. Population: 144 million (2025).

$2.56T+1.0%real GDP growth, 2025

GDP in 2025, current US dollars: #8 of 204 economies. IMF forecast for 2026: +0.9%.

GDP per capita
$17,547
2025 · #79 of 204
GDP per capita, PPP
$49,568
2025 · #54 of 197
Inflation
8.7%
2025 · IMF forecast 2026: 6.1%
Government debt
16.6%
2025 · % of GDP, general government
Population
144M
2025 · #9 of 217
Unemployment
2.1%
2025 · ILO estimate
Stock market capitalization
31.8%
2023 · % of GDP · $650B
Life expectancy
73.4 years
2024

GDP

Adjusted for US inflation, in 2025 dollars: $1.51 trillion in 1988, $2.56 trillion in 2025.

Current US dollars; “In 2025 dollars” removes US inflationSource: World Bank, World Development Indicators (CC BY 4.0)

GDP per capita

In 2025 dollars: $10,294 per person in 1988, $17,547 in 2025.

GDP per capitaGDP per capita, PPP (international $)
PPP: purchasing power parity, international dollarsSource: World Bank, World Development Indicators (CC BY 4.0)

Real GDP growth

Average over 2016–2025: 1.8% a year. Years of falling GDP since 1990: 12 of 36.

Shaded: IMF forecasts from 2026Source: World Bank, World Development Indicators (CC BY 4.0)
Source: International Monetary Fund, World Economic Outlook (October 2026)

Inflation

Consumer prices rose 9.2 times from 2000 to 2025. Highest annual inflation: 1,569% in 1992. Years with inflation above 100%: 5. The chart cuts the scale at 100%; “Full scale” shows everything.

Shaded: IMF forecasts from 2026Source: World Bank, World Development Indicators (CC BY 4.0)
Source: International Monetary Fund, World Economic Outlook (October 2026)

Government debt, % of GDP

Highest since 1997: 135.2% of GDP in 1998. IMF forecast for 2031: 30.7%.

General government (IMF)Central government only (World Bank)
Shaded: IMF forecasts from 2026Source: International Monetary Fund, World Economic Outlook (October 2026)
Source: World Bank, World Development Indicators (CC BY 4.0)

Stock market capitalization, % of GDP

In 2023 listed domestic companies were worth $650 billion, or 31.8% of GDP.

Listed domestic companies, end of year (the “Buffett indicator”)Source: World Bank, World Development Indicators (CC BY 4.0)

Population

1960: 120 million · 2025: 144 million.

Source: World Bank, World Development Indicators (CC BY 4.0)

Unemployment rate

1991: 5.1% · 2025: 2.1%.

% of the labor force, ILO modeled estimatesSource: World Bank, World Development Indicators (CC BY 4.0)

Life expectancy at birth

1960: 67.5 years · 2024: 73.4 years.

Source: World Bank, World Development Indicators (CC BY 4.0)

Exports of goods and services

1989: 21.9% · 2025: 18.2%.

% of GDPSource: World Bank, World Development Indicators (CC BY 4.0)

Ruble exchange rate

Official rates of the Bank of Russia: rubles per US dollar since July 1992 and per euro since 1999, weekly.

US dollar, rubles
82.14
November 7, 2026
Euro, rubles
92.19
November 7, 2026
US dollar on 1 January 1998
5.96
first rate after the redenomination
US dollar, first official rate
0.1253
July 1, 1992, in today's rubles
US dollarEuro
Rubles per unit; the rate in effect at the end of each weekSource: Bank of Russia

Before 1 January 1998 the Bank of Russia set its rates in old rubles. The 1998 redenomination replaced 1,000 old rubles with 1 new ruble, so those rates are divided by 1,000 here and the whole history is in today's rubles (30 December 1997: 5,960 old rubles per dollar, 5.96 new).

Rates by year
YearUSD, 31 DecemberUSD, year averageEUR, 31 DecemberEUR, year average
2026 (to November 7)78.8191.19
202578.2383.6292.0994.31
2024101.6892.57106.10100.22
202389.6985.2599.1992.24
202270.3468.5575.6672.53
202174.2973.6584.0787.19
202073.8872.1590.6882.45
201961.9164.7469.3472.50
201869.4762.7179.4673.95
201757.6058.3568.8765.90
201660.6667.0363.8174.23
201572.8860.9679.7067.78
201456.2638.4268.3450.82
201332.7331.8544.9742.31
201230.3731.0940.2339.95
201132.2029.3941.6740.88
201030.4830.3740.3340.30
200930.2431.7243.3944.13
200829.3824.8641.4436.43
200724.5525.5835.9335.02
200626.3327.1934.7034.11
200528.7828.2934.1935.26
200427.7528.8137.8135.82
200329.4530.6936.8234.67
200231.7831.3533.1129.65
200130.1429.1726.4926.13
200028.1628.1226.1426.01
199927.0024.6127.2326.22
199820.659.73
19975.965.79
19965.565.12
19954.644.55
19943.552.19
19931.250.93
1992 (from July 1)0.410.28

Year average: every calendar day counts, each official rate for the days it was in effect. 31 December: the rate in effect on that day.

Data by year

Show the year-by-year table
YearGDPGDP per capitaPer capita, PPPReal growthInflationGov. debt, % GDPPopulationUnemploymentStock market, % GDPLife expectancyExports, % GDP
20311.0%f4.0%f30.7%f
20301.0%f4.0%f29.1%f
20291.0%f4.0%f27.2%f
20281.0%f4.0%f24.8%f
20270.9%f4.8%f22.2%f
20260.9%f6.1%f19.3%f
2025$2.56T$17,547$49,5681.0%8.7%16.6%144M2.1%18.2%
2024$2.19T$14,962$47,6864.9%8.4%14.8%144M2.4%73.421.9%
2023$2.05T$13,987$44,2994.1%5.9%15.2%144M3.1%31.8%73.322.8%
2022$2.29T$15,626$40,933−1.4%13.7%15.1%144M3.9%23.1%72.527.7%
2021$1.83T$12,425$38,6385.9%6.7%16.5%145M4.7%46.0%69.930.0%
2020$1.49T$10,108$31,491−2.7%3.4%19.2%145M5.6%46.5%71.325.5%
2019$1.69T$11,448$30,9642.2%4.5%13.7%145M4.5%46.7%73.128.4%
2018$1.66T$11,212$28,6292.8%2.9%13.6%145M4.9%34.8%72.730.8%
2017$1.57T$10,659$25,7781.8%3.7%14.3%145M5.2%39.6%72.526.1%
2016$1.28T$8,663$24,0120.2%7.0%14.8%145M5.6%48.7%71.725.9%
2015$1.36T$9,278$23,994−2.0%15.5%15.3%145M5.6%28.8%71.228.7%
2014$2.06T$14,055$25,6880.7%7.8%15.1%144M5.2%18.7%70.727.1%
2013$2.29T$15,941$26,0201.8%6.8%12.3%144M5.5%33.6%70.625.8%
2012$2.21T$15,402$24,2744.0%5.1%11.2%143M5.5%37.4%70.126.9%
2011$2.05T$14,305$22,7904.3%8.4%10.3%143M6.6%38.3%69.728.1%
2010$1.52T$10,675$20,4904.5%6.8%10.1%143M7.4%62.4%68.829.2%
2009$1.22T$8,563$19,390−7.8%11.6%9.9%143M8.3%62.3%68.727.9%
2008$1.66T$11,635$20,1645.2%14.1%7.4%143M6.2%67.931.3%
2007$1.3T$9,101$16,6488.5%9.0%8.0%143M6.0%67.630.2%
2006$990B$6,920$14,9128.2%9.7%9.8%143M7.1%66.733.7%
2005$764B$5,323$11,8226.4%12.7%14.9%144M7.1%65.535.2%
2004$591B$4,102$10,2277.2%10.9%20.8%144M7.8%65.534.4%
2003$430B$2,975$9,2557.3%13.7%28.3%145M8.2%65.035.2%
2002$345B$2,378$8,0374.7%15.8%37.6%145M7.9%65.135.2%
2001$307B$2,100$7,3615.1%21.5%44.4%146M9.0%65.436.9%
2000$260B$1,772$6,82510.0%20.8%55.9%147M10.6%65.544.1%
1999$196B$1,331$5,9146.4%85.7%92.4%147M13.0%66.043.2%
1998$271B$1,835$5,465−5.3%27.7%135.2%148M13.3%67.031.2%
1997$405B$2,738$5,7001.4%14.8%51.5%148M11.8%66.724.7%
1996$392B$2,644$5,518−3.8%47.8%148M9.7%65.926.1%
1995$396B$2,666$5,613−4.1%197.4%148M9.4%64.729.3%
1994$395B$2,662$5,734−12.6%307.7%148M8.1%64.527.8%
1993$435B$2,931$6,420−8.7%874.2%148M5.9%64.938.2%
1992$460B$3,099$6,862−14.5%1,569%149M5.2%66.962.3%
1991$518B$3,490$7,858−5.0%135.6%148M5.1%68.513.3%
1990$517B$3,494$8,028−3.0%148M68.918.2%
1989$507B$3,430148M69.221.9%
1988$555B$3,778147M69.5
1987146M69.4
1986145M69.4
1985144M67.9
1984143M67.2
1983142M67.7
1982141M67.8
1981140M67.3
1980139M67.0
1979138M67.1
1978137M67.4
1977136M67.4
1976135M67.5
1975134M67.7
1974133M68.3
1973133M68.3
1972132M68.3
1971131M68.4
1970130M68.1
1969130M67.9
1968129M68.3
1967128M68.4
1966127M68.6
1965127M68.5
1964125M68.7
1963124M68.3
1962123M67.7
1961121M67.8
1960120M67.5

e: IMF estimate; f: IMF forecast. Inflation: IMF data for 1991–1992, World Bank for the other years.

Nearby economies in Europe & Central Asia

Nearest by distance between capitals, with GDP per capita.

Albania · Andorra · Armenia · Austria · Azerbaijan · Belarus · Belgium · Bosnia and Herzegovina · Bulgaria · Channel Islands · Croatia · Cyprus · Czechia · Denmark · Estonia · Faroe Islands · Finland · France · Georgia · Germany · Gibraltar · Greece · Greenland · Hungary · Iceland · Ireland · Isle of Man · Italy · Kazakhstan · Kosovo · Kyrgyzstan · Latvia · Liechtenstein · Lithuania · Luxembourg · Moldova · Monaco · Montenegro · Netherlands · North Macedonia · Norway · Poland · Portugal · Romania · Russia · San Marino · Serbia · Slovakia · Slovenia · Spain · Sweden · Switzerland · Tajikistan · Turkmenistan · Türkiye · Ukraine · United Kingdom · Uzbekistan

Rankings

Data and methods

Source: World Bank, World Development Indicators (CC BY 4.0)
Source: International Monetary Fund, World Economic Outlook (October 2026)
Source: Bank of Russia