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 (2019): China, Germany, and Netherlands
Top 3 Exported Goods (2019): Oil & Mineral Fuels, Items nesoi, and Iron & Steel

Top Industries Source: CIA World Factbook

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

Gross Domestic Product (GDP) [1]

GDP, PPP (current international) $4,281,807,133,724 (2019)
GDP Growth Rate (annual %) 1.342% (2019)
GDP Per Capita, PPP (current international) $29,181 (2019)
Click on a row to display its 5-year graph on the right.

GDP Country Rank 6/196 (2019)

GDP Composition %

Note: GDP composition percentage may exceed 100. Manufacturing is included in the Industry figures and is also reported separately because it plays a critical role in many economies.

Economic Indicators [1]

Inflation, consumer prices (annual %) 4.47% (2019)
External debt stocks, total (DOD, current US$) $490,725,792,645 (2019)
Total tax rate (% of commercial profits) 46.2% (2019)
Real Interest Rate (5 year average %) 4.788% (2019)
Manufacturing, value added (% of GDP) 13.092% (2019)
Current Account Balance (BoP, current US$) $65,337,160,000 (2019)
Click on a row to display its 5-year graph on the right.

Labor and Employment [1]

Labor Force, Total 72,298,425 (2020)
Employment in Agriculture (% of total employment) 5.617% (2020)
Employment in Industry (% of total employment) 26.582% (2020)
Employment in Services (% of total employment) 67.801% (2020)
Unemployment Rate 4.425% (2020)
Click on a row to display its 5-year graph on the right.

Trade [1]

Imports of goods and services (current US$) $352,911,827,266 (2019)
Exports of goods and services (current US$) $481,286,792,703 (2019)
Total Merchandise Trade (% of GDP) 0% (2019)
FDI, net inflows (BoP, current US$) $31,974,770,000 (2019)
Commercial Service Exports (current US$) $61,792,850,000 (2019)
Click on a row to display its 5-year graph on the right.

Economic Snapshot [1]

Note: Percentile ranks are calculated using the latest available data for all countries within the last 5 years.

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

Sources

  1. The World Bank