ru Russian Federation 2024

Detailed economic analysis and indicators for 2024

Year 2024

Key Economic Indicators (2024)

GDP (Current USD)

$2.07 trillion

↑ 2.22% vs 2023
GDP per Capita

$14,123.89

↑ 2.22% vs 2023
GDP Growth (Annual %)

2.22%

↓ 1.38pp vs 2023
Inflation Rate (CPI %)

N/A

Year-over-Year Comparison

Indicator 2023 2024 Change
GDP (Current USD) $2.02 trillion $2.07 trillion +2.22%
GDP per Capita $13,817.05 $14,123.89 +2.22%
GDP Growth (Annual %) 3.60% 2.22% -1.38pp
Inflation (CPI %) N/A N/A N/A
Unemployment Rate (%) 3.08% 2.53% -0.55pp

All Economic Indicators (2024)

National Accounts
GDP (Current USD)
$2.07 trillion
GDP per Capita
$14,123.89
GDP Growth (Annual %)
2.22%
Gross National Income
N/A
Prices & Employment
Inflation (CPI %)
N/A
Inflation (GDP Deflator %)
N/A
Unemployment Rate (%)
2.53%
Interest Rate (Real %)
N/A
Trade & Investment
Exports (Goods & Services)
N/A
Imports (Goods & Services)
N/A
FDI Inflow
N/A
FDI Outflow
N/A
Balance & Debt
Current Account Balance (% GDP)
N/A
Government Debt (% GDP)
N/A
Data Last Updated
2025-10-23

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Frequently Asked Questions

As of 2024, Russian Federation's Gross Domestic Product (GDP) is $2.07 trillion. This represents the total value of goods and services produced in the country.

The GDP per capita in Russian Federation for 2024 is $14,123.89. GDP per capita is calculated by dividing the country's GDP by its population.

Russian Federation's annual GDP growth rate for 2024 is 2.22%. This indicates the rate at which the country's economy is expanding or contracting.

The unemployment rate in Russian Federation for 2024 is 2.53%. This represents the percentage of the labor force that is unemployed and actively seeking employment.