GDP at market prices (constant 2010 US$) in Russia

Russia: GDP at market prices (constant 2010 US$) was 1.61 trillion constant 2010 US$ in 2024. ▲ Rising

Latest (2024)
1.61 trillion constant 2010 US$
Change on year
up 4.3%
World rank
13th
of 208 countries
All-time high
1.61 trillion constant 2010 US$
in 2024
All-time low
666.81 billion constant 2010 US$
in 1998
Years of data
36
1989–2024

GDP at market prices in Russia, 1989–2024

0500.0B1.0T1.5T1989200620241989: 1.2T constant 2010 US$1990: 1.2T constant 2010 US$1991: 1.1T constant 2010 US$1992: 942.6B constant 2010 US$1993: 860.9B constant 2010 US$1994: 752.7B constant 2010 US$1995: 721.5B constant 2010 US$1996: 694.4B constant 2010 US$1997: 704.1B constant 2010 US$1998: 666.8B constant 2010 US$1999: 709.5B constant 2010 US$2000: 780.4B constant 2010 US$2001: 820.2B constant 2010 US$2002: 858.8B constant 2010 US$2003: 921.5B constant 2010 US$2004: 987.8B constant 2010 US$2005: 1.1T constant 2010 US$2006: 1.1T constant 2010 US$2007: 1.2T constant 2010 US$2008: 1.3T constant 2010 US$2009: 1.2T constant 2010 US$2010: 1.3T constant 2010 US$2011: 1.3T constant 2010 US$2012: 1.4T constant 2010 US$2013: 1.4T constant 2010 US$2014: 1.4T constant 2010 US$2015: 1.4T constant 2010 US$2016: 1.4T constant 2010 US$2017: 1.4T constant 2010 US$2018: 1.4T constant 2010 US$2019: 1.5T constant 2010 US$2020: 1.4T constant 2010 US$2021: 1.5T constant 2010 US$2022: 1.5T constant 2010 US$2023: 1.5T constant 2010 US$2024: 1.6T constant 2010 US$

Source: UNESCO Institute for Statistics. Measured in constant 2010 US$.

Analysis

Russia recorded 1.61 trillion constant 2010 US$ for gdp at market prices in 2024. That is the highest value across all 36 years on record.

That represents a change of up 4.3% on the previous year and up 15.9% over ten years.

Over the whole period, gdp at market prices in Russia peaked at 1.61 trillion constant 2010 US$ in 2024 and was at its lowest, 666.81 billion constant 2010 US$, in 1998.

Russia ranks 13th of 208 countries on this measure, in the top 10%.

The long-run direction has been consistently rising across the 36 years of available data.

GDP at market prices (constant 2010 US$) in Russia, year by year

Annual values for GDP at market prices (constant 2010 US$) in Russia, 1989 to 2024.
Year constant 2010 US$ Change
1989 1.20 trillion constant 2010 US$ —
1990 1.16 trillion constant 2010 US$ -3.0%
1991 1.10 trillion constant 2010 US$ -5.0%
1992 942.61 billion constant 2010 US$ -14.5%
1993 860.90 billion constant 2010 US$ -8.7%
1994 752.69 billion constant 2010 US$ -12.6%
1995 721.50 billion constant 2010 US$ -4.1%
1996 694.41 billion constant 2010 US$ -3.8%
1997 704.13 billion constant 2010 US$ +1.4%
1998 666.81 billion constant 2010 US$ -5.3%
1999 709.48 billion constant 2010 US$ +6.4%
2000 780.43 billion constant 2010 US$ +10.0%
2001 820.24 billion constant 2010 US$ +5.1%
2002 858.79 billion constant 2010 US$ +4.7%
2003 921.48 billion constant 2010 US$ +7.3%
2004 987.82 billion constant 2010 US$ +7.2%
2005 1.05 trillion constant 2010 US$ +6.4%
2006 1.14 trillion constant 2010 US$ +8.2%
2007 1.23 trillion constant 2010 US$ +8.5%
2008 1.30 trillion constant 2010 US$ +5.2%
2009 1.20 trillion constant 2010 US$ -7.8%
2010 1.25 trillion constant 2010 US$ +4.5%
2011 1.30 trillion constant 2010 US$ +4.3%
2012 1.36 trillion constant 2010 US$ +4.0%
2013 1.38 trillion constant 2010 US$ +1.8%
2014 1.39 trillion constant 2010 US$ +0.7%
2015 1.36 trillion constant 2010 US$ -2.0%
2016 1.37 trillion constant 2010 US$ +0.2%
2017 1.39 trillion constant 2010 US$ +1.8%
2018 1.43 trillion constant 2010 US$ +2.8%
2019 1.46 trillion constant 2010 US$ +2.2%
2020 1.42 trillion constant 2010 US$ -2.7%
2021 1.51 trillion constant 2010 US$ +5.9%
2022 1.48 trillion constant 2010 US$ -1.4%
2023 1.55 trillion constant 2010 US$ +4.1%
2024 1.61 trillion constant 2010 US$ +4.3%

Russia compared with similar countries

  • Russia's 1.61 trillion constant 2010 US$ is above the median for high income countries, which is 73.34 billion constant 2010 US$, 22.0× the median. (80 countries reporting)
  • Russia's 1.61 trillion constant 2010 US$ is above the median for Europe & Central Asia, which is 69.56 billion constant 2010 US$, 23.2× the median. (54 countries reporting)

Averages by decade

DecadeAverage LowestHighest Years
1980s 1.20 trillion constant 2010 US$ 1.20 trillion constant 2010 US$ 1.20 trillion constant 2010 US$ 1
1990s 831.69 billion constant 2010 US$ 666.81 billion constant 2010 US$ 1.16 trillion constant 2010 US$ 10
2000s 1.03 trillion constant 2010 US$ 780.43 billion constant 2010 US$ 1.30 trillion constant 2010 US$ 10
2010s 1.37 trillion constant 2010 US$ 1.25 trillion constant 2010 US$ 1.46 trillion constant 2010 US$ 10
2020s 1.51 trillion constant 2010 US$ 1.42 trillion constant 2010 US$ 1.61 trillion constant 2010 US$ 5

Countries ranked near Russia

  1. 10 South Korea 1.92 trillion constant 2010 US$ compare
  2. 11 Canada 1.83 trillion constant 2010 US$ compare
  3. 12 Australia 1.67 trillion constant 2010 US$ compare
  4. 14 Spain 1.42 trillion constant 2010 US$ compare
  5. 15 Mexico 1.35 trillion constant 2010 US$ compare
  6. 16 Turkey 1.30 trillion constant 2010 US$ compare

See the full ranking of 208 places →

More population data for Russia

All data for Russia →

Frequently asked questions

What is gdp at market prices in Russia?
Gdp at market prices in Russia was 1.61 trillion constant 2010 US$ in 2024, according to UNESCO Institute for Statistics.
What is the highest gdp at market prices recorded in Russia?
The highest recorded value was 1.61 trillion constant 2010 US$ in 2024.
What is the lowest gdp at market prices recorded in Russia?
The lowest recorded value was 666.81 billion constant 2010 US$ in 1998.
How does Russia rank for gdp at market prices?
Russia ranks 13th out of 208 countries with data for 2024.
Is gdp at market prices rising or falling in Russia?
Over the last ten years it is up 15.9%. The long-run trend across the full record is rising.
Where does this Russia data come from?
The figures come from UNESCO Institute for Statistics, published as part of GDP at market prices (constant 2010 US$). Statizoid updates them automatically from the source API.

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GDP at market prices in Russia. Statizoid, drawing on UNESCO Institute for Statistics. Retrieved 11 November 2026, from https://population.statizoid.com/stat/gdp-at-market-prices-constant-2010-us/russian-federation/

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About this data

Indicator
GDP at market prices (constant 2010 US$)
Unit
constant 2010 US$
Source
UNESCO Institute for Statistics
Licence
CC BY-SA 3.0 IGO (UNESCO Institute for Statistics)
Coverage
208 places, 10,104 data points, 1970–2024
Last refreshed

February 2026 Data Release