World Factbook
Russia
Rossiyskaya Federatsiya
Last updated: 2026-03-28 (today)
Budget
note
note: central government revenues (excluding grants) and expenditures converted to US dollars at average official exchange rate for year indicated
revenues
$704.613 billion (2023 est.)
expenditures
$635.809 billion (2023 est.)
Exports
note
note: balance of payments - exports of goods and services in current dollars
Exports 2022
$640.878 billion (2022 est.)
Exports 2023
$465.22 billion (2023 est.)
Exports 2024
$475.277 billion (2024 est.)
Imports
note
note: balance of payments - imports of goods and services in current dollars
Imports 2022
$347.384 billion (2022 est.)
Imports 2023
$379.659 billion (2023 est.)
Imports 2024
$381.45 billion (2024 est.)
Industries
complete range of mining and extractive industries producing coal, oil, gas, chemicals, and metals; all forms of machine building from rolling mills to high-performance aircraft and space vehicles; defense industries (including radar, missile production, advanced electronic components), shipbuilding; road and rail transportation equipment; communications equipment; agricultural machinery, tractors, and construction equipment; electric power generating and transmitting equipment; medical and scientific instruments; consumer durables, textiles, foodstuffs, handicrafts
Labor force
72.517 million (2024 est.)
note: number of people ages 15 or older who are employed or seeking work
Public debt
note
note: central government debt as a % of GDP
Public debt 2023
18.5% of GDP (2023 est.)
Remittances
note
note: personal transfers and compensation between resident and non-resident individuals/households/entities
Remittances 2022
0.1% of GDP (2022 est.)
Remittances 2023
0.1% of GDP (2023 est.)
Remittances 2024
0.1% of GDP (2024 est.)
Exchange rates
Currency
Russian rubles (RUB) per US dollar -
Exchange rates 2019
64.738 (2019 est.)
Exchange rates 2020
72.105 (2020 est.)
Exchange rates 2021
73.654 (2021 est.)
Exchange rates 2022
68.485 (2022 est.)
Exchange rates 2023
85.162 (2023 est.)
Debt - external
note
note: present value of external debt in current US dollars
Debt - external 2022
$135.301 billion (2022 est.)
Economic overview
natural resource-rich Eurasian economy; leading energy exporter to Europe and Asia; decreased oil export reliance; endemic corruption, Ukrainian invasion, and lack of green infrastructure limit investment and have led to sanctions
Unemployment rate
note
note: % of labor force seeking employment
Unemployment rate 2022
3.9% (2022 est.)
Unemployment rate 2023
3.1% (2023 est.)
Unemployment rate 2024
2.6% (2024 est.)
Exports - partners
China 33%, India 17%, Turkey 8%, Kazakhstan 4%, Brazil 3% (2023)
note: top five export partners based on percentage share of exports
Imports - partners
China 53%, Turkey 5%, Germany 5%, Kazakhstan 5%, Italy 2% (2023)
note: top five import partners based on percentage share of imports
Real GDP per capita
note
note: data in 2021 dollars
Real GDP per capita 2022
$38,200 (2022 est.)
Real GDP per capita 2023
$39,900 (2023 est.)
Real GDP per capita 2024
$41,700 (2024 est.)
Real GDP growth rate
note
note: annual GDP % growth based on constant local currency
Real GDP growth rate 2022
-1.4% (2022 est.)
Real GDP growth rate 2023
4.1% (2023 est.)
Real GDP growth rate 2024
4.3% (2024 est.)
Agricultural products
wheat, sugar beets, milk, barley, potatoes, sunflower seeds, maize, soybeans, chicken, pork (2023)
note: top ten agricultural products based on tonnage
Exports - commodities
crude petroleum, refined petroleum, natural gas, coal, fertilizers (2023)
note: top five export commodities based on value in dollars
Imports - commodities
cars, packaged medicine, broadcasting equipment, garments, plastic products (2023)
note: top five import commodities based on value in dollars
Current account balance
note
note: balance of payments - net trade and primary/secondary income in current dollars
Current account balance 2022
$237.735 billion (2022 est.)
Current account balance 2023
$49.439 billion (2023 est.)
Current account balance 2024
$62.287 billion (2024 est.)
Taxes and other revenues
12.1% (of GDP) (2023 est.)
note: central government tax revenue as a % of GDP
GDP (official exchange rate)
$2.174 trillion (2024 est.)
note: data in current dollars at official exchange rate
GDP - composition, by end use
note
note: figures may not total 100% due to rounding or gaps in data collection
household consumption
49.4% (2024 est.)
government consumption
18.6% (2024 est.)
investment in inventories
4.2% (2024 est.)
investment in fixed capital
22.1% (2024 est.)
exports of goods and services
21.9% (2024 est.)
imports of goods and services
-17.6% (2024 est.)
Population below poverty line
12.1% (2020 est.)
note: % of population with income below national poverty line
Average household expenditures
on food
25.3% of household expenditures (2023 est.)
on alcohol and tobacco
5.9% of household expenditures (2023 est.)
Inflation rate (consumer prices)
note
note: annual % change based on consumer prices
Inflation rate (consumer prices) 2019
4.5% (2019 est.)
Inflation rate (consumer prices) 2020
3.4% (2020 est.)
Inflation rate (consumer prices) 2021
6.7% (2021 est.)
Industrial production growth rate
4.1% (2024 est.)
note: annual % change in industrial value added based on constant local currency
Real GDP (purchasing power parity)
note
note: data in 2021 dollars
Real GDP (purchasing power parity) 2022
$5.607 trillion (2022 est.)
Real GDP (purchasing power parity) 2023
$5.835 trillion (2023 est.)
Real GDP (purchasing power parity) 2024
$6.089 trillion (2024 est.)
Youth unemployment rate (ages 15-24)
male
8.8% (2024 est.)
note
note: % of labor force ages 15-24 seeking employment
total
9.3% (2024 est.)
female
9.8% (2024 est.)
Reserves of foreign exchange and gold
note
note: holdings of gold (year-end prices)/foreign exchange/special drawing rights in current dollars
Reserves of foreign exchange and gold 2021
$632.242 billion (2021 est.)
Reserves of foreign exchange and gold 2022
$581.71 billion (2022 est.)
Reserves of foreign exchange and gold 2023
$597.217 billion (2023 est.)
GDP - composition, by sector of origin
note
note: figures may not total 100% due to non-allocated consumption not captured in sector-reported data
industry
30.7% (2024 est.)
services
57.5% (2024 est.)
agriculture
2.7% (2024 est.)
Household income or consumption by percentage share
note
note: % share of income accruing to lowest and highest 10% of population
lowest 10%
2.7% (2021 est.)
highest 10%
26.6% (2021 est.)
Gini Index coefficient - distribution of family income
note
note: index (0-100) of income distribution; higher values represent greater inequality
Gini Index coefficient - distribution of family income 2021
35.1 (2021 est.)