Price level ratio of PPP conversion factor (GDP) to market exchange in Russia

Russia: Price level ratio of PPP conversion factor (GDP) to market exchange was 0.3141 in 2024. ▼ Falling

Latest (2024)
0.3141
Change on year
down 1.8%
World rank
165th
of 202 countries
All-time high
0.6345
in 2012
All-time low
0.225
in 1999
Years of data
35
1990–2024

Price level ratio of PPP conversion factor (GDP) to market exchange in Russia, 1990–2024

00.20.40.61990200720241990: 0.4351991: 0.4441992: 0.4521993: 0.4571994: 0.4641995: 0.4751996: 0.4791997: 0.481998: 0.3361999: 0.2252000: 0.262001: 0.2852002: 0.2962003: 0.3212004: 0.4012005: 0.452006: 0.4642007: 0.5472008: 0.5772009: 0.4422010: 0.5212011: 0.6282012: 0.6352013: 0.6132014: 0.5472015: 0.3872016: 0.3612017: 0.4132018: 0.3922019: 0.372020: 0.3212021: 0.3222022: 0.3822023: 0.322024: 0.314

Source: UNESCO Institute for Statistics.

Analysis

Russia recorded 0.3141 for price level ratio of ppp conversion factor (gdp) to market exchange in 2024.

The figure is down 1.8% on the previous year and down 42.6% over ten years.

Over the whole period, price level ratio of ppp conversion factor (gdp) to market exchange in Russia peaked at 0.6345 in 2012 and was at its lowest, 0.225, in 1999.

That places Russia 165th out of 202 countries with data for 2024, putting it in the bottom quarter.

The long-run direction has been consistently falling across the 35 years of available data.

Price level ratio of PPP conversion factor (GDP) to market exchange in Russia, year by year

Annual values for Price level ratio of PPP conversion factor (GDP) to market exchange rate in Russia, 1990 to 2024.
Year Value Change
1990 0.4353 —
1991 0.4442 +2.1%
1992 0.4516 +1.7%
1993 0.4565 +1.1%
1994 0.4642 +1.7%
1995 0.4749 +2.3%
1996 0.4792 +0.9%
1997 0.4803 +0.2%
1998 0.3357 -30.1%
1999 0.225 -33.0%
2000 0.2596 +15.4%
2001 0.2853 +9.9%
2002 0.2958 +3.7%
2003 0.3215 +8.7%
2004 0.4011 +24.8%
2005 0.4503 +12.3%
2006 0.4641 +3.1%
2007 0.5467 +17.8%
2008 0.577 +5.6%
2009 0.4416 -23.5%
2010 0.521 +18.0%
2011 0.6277 +20.5%
2012 0.6345 +1.1%
2013 0.6127 -3.4%
2014 0.5472 -10.7%
2015 0.3867 -29.3%
2016 0.3608 -6.7%
2017 0.4135 +14.6%
2018 0.3916 -5.3%
2019 0.3697 -5.6%
2020 0.321 -13.2%
2021 0.3216 +0.2%
2022 0.3815 +18.6%
2023 0.3199 -16.2%
2024 0.3141 -1.8%

Russia compared with similar countries

  • Russia's 0.3141 is below the median for high income countries, which is 0.6595, 48% of the median. (74 countries reporting)
  • Russia's 0.3141 is below the median for Europe & Central Asia, which is 0.5562, 56% of the median. (52 countries reporting)

Averages by decade

DecadeAverage LowestHighest Years
1990s 0.4247 0.225 0.4803 10
2000s 0.4043 0.2596 0.577 10
2010s 0.4865 0.3608 0.6345 10
2020s 0.3316 0.3141 0.3815 5

Countries ranked near Russia

  1. 162 Algeria 0.3208 compare
  2. 163 Guinea-Bissau 0.3155 compare
  3. 164 Cameroon 0.3152 compare
  4. 166 Malaysia 0.3064 compare
  5. 167 Kyrgyzstan 0.302 compare
  6. 168 Tunisia 0.301 compare

See the full ranking of 202 places →

More population data for Russia

All data for Russia →

Frequently asked questions

What is price level ratio of ppp conversion factor (gdp) to market exchange in Russia?
Price level ratio of ppp conversion factor (gdp) to market exchange in Russia was 0.3141 in 2024, according to UNESCO Institute for Statistics.
What is the highest price level ratio of ppp conversion factor (gdp) to market exchange recorded in Russia?
The highest recorded value was 0.6345 in 2012.
What is the lowest price level ratio of ppp conversion factor (gdp) to market exchange recorded in Russia?
The lowest recorded value was 0.225 in 1999.
How does Russia rank for price level ratio of ppp conversion factor (gdp) to market exchange?
Russia ranks 165th out of 202 countries with data for 2024.
Is price level ratio of ppp conversion factor (gdp) to market exchange rising or falling in Russia?
Over the last ten years it is down 42.6%. The long-run trend across the full record is falling.
Where does this Russia data come from?
The figures come from UNESCO Institute for Statistics, published as part of Price level ratio of PPP conversion factor (GDP) to market exchange rate. Statizoid updates them automatically from the source API.

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Price level ratio of PPP conversion factor (GDP) to market exchange in Russia. Statizoid, drawing on UNESCO Institute for Statistics. Retrieved 12 November 2026, from https://population.statizoid.com/stat/price-level-ratio-of-ppp-conversion-factor-gdp-to-market-exchange-rate-2/russian-federation/

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About this data

Indicator
Price level ratio of PPP conversion factor (GDP) to market exchange rate
Source
UNESCO Institute for Statistics
Licence
CC BY-SA 3.0 IGO (UNESCO Institute for Statistics)
Coverage
202 places, 6,811 data points, 1990–2024
Last refreshed

February 2026 Data Release