Russia Private Consumption: % of GDP

Key information about Russia Private Consumption: % of GDP

• Russia Private Consumption accounted for 50.8 % of its Nominal GDP in Sep 2024, compared with a ratio of 50.9 % in the previous quarter.
• Russia Private Consumption contribution to Nominal GDP ratio is updated quarterly, available from Mar 1993 to Sep 2024, with an average share of 51.1 %.
• The data reached an all-time high of 61.0 % in Mar 1999 and a record low of 42.7 % in Jun 1993.

CEIC calculates Private Consumption as % of Nominal GDP from quarterly Private Consumption Expenditure and quarterly Nominal GDP. Private Consumption Expenditure is calculated as the sum of Household and NPISHs consumption. Federal State Statistics Service provides Private Consumption Expenditure in local currency and Nominal GDP in local currency, based on SNA 2008. Private Consumption as % of Nominal GDP prior to Q1 2011 is based on SNA 1993.


Related information about Russia Private Consumption: % of GDP

• In the latest reports, Russia GDP contracted 2.6 % YoY in Mar 2023.
• Its Nominal GDP reached 494.7 USD bn in Mar 2023.
• Russia GDP Per Capita reached 15,074.8 USD in Dec 2022.
• Its Gross Savings Rate was measured at 30.4 % in Sep 2024.

View Russia's Private Consumption: % of GDP from Mar 1993 to Sep 2024 in the chart:

What was Russia's Private Consumption: % of GDP in Sep 2024?

Russia Private Consumption accounted for 50.8 % of its Nominal GDP in Sep 2024, compared with a ratio of 50.9 % in the previous quarter. See the table below for more data.

Last	Previous	Min	Max	Unit	Frequency	Range
50.8 Sep 2024	50.9 Jun 2024	42.7 Jun 1993	61.0 Mar 1999	%	quarterly	Mar 1993 - Sep 2024

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