Russia: Economy

Economic Trivia

Russia has been the world's leading producer since 2011.

Trade Source: United Nations Comtrade
Note: Top 3 trade partners are calculated by imports + exports.

Top 3 Trade Partners (2015): China, Netherlands, and Germany
Top 3 Exported Goods (2015): Oil & Mineral Fuels, Iron & Steel, and Items nesoi

Top Industries Source: CIA World Factbook

Complete Range of Mining and Extractive Industries Producing Coal; Oil; Gas; Chemicals

Gross Domestic Product (GDP) Source: The World Bank

GDP, PPP (current international) $3,579,826,387,385 (2015)
GDP Growth Rate (annual %) -3.727% (2015)
GDP Per Capita, PPP (current international) $24,451 (2015)
Click on a row to display its 5-year graph on the right.

GDP Country Rank 6/193 (2015)

Economic Indicators Source: The World Bank

Inflation, consumer prices (annual %) 15.525% (2015)
External debt stocks, total (DOD, current US$) $542,976,713,000 (2011)
Total tax rate (% of commercial profits) 47% (2015)
Real Interest Rate (5 year average %) 7.462% (2015)
Manufacturing, value added (% of GDP) 5.893% (2015)
Current Account Balance (BoP, current US$) $68,999,690,000 (2015)
Click on a row to display its 5-year graph on the right.

Labor and Employment Source: The World Bank

Labor Force, Total 76,754,167 (2014)
Employment in Agriculture (% of total employment) 6.7% (2014)
Employment in Industry (% of total employment) 27.5% (2014)
Employment in Services (% of total employment) 65.8% (2014)
Unemployment Rate 5.1% (2014)
Click on a row to display its 5-year graph on the right.
Imports of goods and services (current US$) $281,197,025,815 (2015)
Exports of goods and services (current US$) $391,596,663,478 (2015)
Total Merchandise Trade (% of GDP) 43.308% (2014)
FDI, net inflows (BoP, current US$) $6,478,400,000 (2015)
Commercial Service Exports (current US$) $64,817,970,000 (2014)
Click on a row to display its 5-year graph on the right.

How to interpret the graph: The purpose of this graph is to take a snapshot of a country’s economy in comparison to other economies. For example, Russia’s Exports rank is higher than (please wait...) of the countries in the dataset. For Exports, FDI and GDP measures, a higher rank (closer to 100%) indicates a stronger economy. Conversely, for Unemployment and Inflation, a lower rank (closer to 0%) indicates a stronger economy.

Due to unavailable data the following indicators have been omitted:
  • Exports
  • FDI, net inflows
  • GDP Growth Rate
  • GDP Per Capita
  • Inflation
  • Unemployment

Glossary