Russian Federation Economy

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With a nominal GDP $1.85 trillion, Russia is the ninth largest economy in the world. In the past 20 years, Russia has undergone massive changes, going to a market-based, globally-integrated economy from a centrally-planned economy. Nonetheless, Russia is still considered to have a developing economy by the IMF and World Bank. Russia has an abundance of natural resources, including coal, natural gas, oil, and precious metals.

Major Russian Federation Indicators

Period Value % Chg Prev
Government Assets and Liabilities (View all 1)
Russia General Government Gross Debt (NSA) 2023 19.00% of GDP 7.95%
View and sort all 186 Russian Federation Indicators
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