Russia RU: GDP: Real: Gross Value Added at Basic Prices

1990 - 2024 | Yearly | RUB mn | World Bank

Russia RU: GDP: Real: Gross Value Added at Basic Prices data was reported at 92,672,353.850 RUB mn in 2024. This records an increase from the previous number of 88,766,599.855 RUB mn for 2023. Russia RU: GDP: Real: Gross Value Added at Basic Prices data is updated yearly, averaging 67,896,433.235 RUB mn from Dec 1990 (Median) to 2024, with 35 observations. The data reached an all-time high of 92,672,353.850 RUB mn in 2024 and a record low of 37,652,136.505 RUB mn in 1998. Russia RU: GDP: Real: Gross Value Added at Basic Prices data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Russian Federation – Table RU.World Bank.WDI: Gross Domestic Product: Real. Gross value added at basic prices reflects the price of products receivable by the producer exclusive of taxes payable on products and inclusive of subsidies receivable on products, less intermediate consumption valued at purchasers' prices. This indicator is expressed in constant prices, meaning the series has been adjusted to account for price changes over time. The reference year for this adjustment varies by country. This series is expressed in local currency units.;Country official statistics, National Statistical Organizations and/or Central Banks; National Accounts data files, Organisation for Economic Co-operation and Development (OECD); Staff estimates, World Bank (WB);;

View Russia's Russia RU: GDP: Real: Gross Value Added at Basic Prices from 1990 to 2024 in the chart:

Russia Russia RU: GDP: Real: Gross Value Added at Basic Prices

What was Russia's Russia RU: GDP: Real: Gross Value Added at Basic Prices in 2024?

Last Previous Min Max Unit Frequency Range
92,672,353.850 2024 88,766,599.855 2023 37,652,136.505 1998 92,672,353.850 2024 RUB mn yearly 1990 - 2024

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Russia Key Series

National Accounts Last Frequency Range
Forecast: GDP PPP Per Capita (PPP Intl $) 36,685.650 2027 yearly 1992 - 2027
Forecast: Nominal GDP Per Capita (USD) 16,021.710 2028 yearly 1992 - 2028
Forecast: Real GDP Growth (%) 0.740 2028 yearly 1993 - 2028
GDP Deflator Growth (%) 3.6 Jun 2025 quarterly Mar 1996 - Jun 2025
GDP per Capita (USD) 13,817.046 2023 yearly 1992 - 2023
Gross Fixed Capital Formation (USD mn) 129,742.577 Jun 2025 quarterly Mar 1993 - Jun 2025
Gross National Product (GNP) (USD mn) 2,144,940.238 2024 yearly 1988 - 2024
Gross Savings Rate (%) 26.1 Jun 2025 quarterly Mar 1993 - Jun 2025
Investment: % of GDP (%) 25.1 Jun 2025 quarterly Mar 1993 - Jun 2025
Nominal GDP (USD mn) 612,639.1 Jun 2025 quarterly Mar 1993 - Jun 2025
Nominal GDP Growth (%) 7.166 Sep 2025 quarterly Mar 1994 - Sep 2025
Private Consumption Expenditure (USD mn) 329,427.247 Jun 2025 quarterly Mar 1993 - Jun 2025
Private Consumption: % of GDP (%) 53.8 Jun 2025 quarterly Mar 1993 - Jun 2025
Public Consumption Expenditure (USD mn) 123,191.421 Jun 2025 quarterly Mar 1993 - Jun 2025
Public Consumption: % of GDP (%) 20.1 Jun 2025 quarterly Mar 1993 - Jun 2025
Real GDP Growth (%) 1.3 Jun 2025 quarterly Mar 1996 - Jun 2025
Total Trade of Goods & Services: % of Nominal GDP (%) 34.393 Jun 2025 quarterly Mar 1995 - Jun 2025
Production Last Frequency Range
Gold Production (kg) 310,000.000 2024 yearly 1992 - 2024
Industrial Production Index Growth (%) -0.7 Nov 2025 monthly Jan 2014 - Nov 2025
Minerals Production (Metric Ton) 1,560,243,470.000 2023 yearly 2016 - 2023
Motor Vehicle Production (Unit) 982,665.000 2024 yearly 1997 - 2024
Silver Production (Metric Ton) 1,200.000 2024 yearly 1992 - 2024
Sales, Orders, Inventory & Shipments Last Frequency Range
New Orders Growth (%) -12.5 Aug 2025 monthly Jan 2018 - Aug 2025
Construction and Properties Last Frequency Range
House Prices Growth (%) 3.9 Sep 2025 quarterly Mar 2006 - Sep 2025
Nominal Residential Property Price Index (2010=100) 215.519 Jun 2025 quarterly Mar 2001 - Jun 2025
Nominal Residential Property Price Index Growth (%) 16.249 Jun 2025 quarterly Mar 2002 - Jun 2025
Real Residential Property Price Index (2010=100) 76.346 Jun 2025 quarterly Mar 2001 - Jun 2025
Real Residential Property Price Index Growth (%) 5.845 Jun 2025 quarterly Mar 2002 - Jun 2025
Government and Public Finance Last Frequency Range
Consolidated Fiscal Balance: % of GDP (%) -4.4 Sep 2025 quarterly Dec 1993 - Sep 2025
Forecast: Government Expenditure (RUB bn) 106,028.796 2030 yearly 1998 - 2030
Forecast: Government Net Debt (RUB bn) 92,496.165 2030 yearly 1997 - 2030
Forecast: Government Revenue (RUB bn) 100,148.407 2030 yearly 1998 - 2030
Government Debt: % of GDP (%) 15.2 Sep 2025 quarterly Dec 2011 - Sep 2025
Tax Revenue (USD mn) 398,009.914 Sep 2025 monthly Jan 1996 - Sep 2025
National Government Debt (USD mn) 440,079.7 Nov 2025 monthly May 2009 - Nov 2025
Consolidated Fiscal Balance (USD mn) -5,525.734 Oct 2025 monthly Jan 1993 - Oct 2025
Tax Revenue: % of GDP (%) 23.0 Sep 2025 quarterly Mar 1996 - Sep 2025

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