Macro‑Economic Monitor

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Russia economy

Russia’s economy grew 1.0% in 2025, slower than the world as a whole (2.9%). Consumer prices rose 8.7% in 2025, and 2.1% of the labour force was out of work.

IndicatorLatestYear
Real GDP growth1.0%2025
Inflation (consumer prices)8.7%2025
Unemployment2.1%2025
GDP (US dollars)$2.56 tn2025
GDP per person (US dollars)$17,5472025
GDP per person (PPP, international dollars)$47,3622024
Current account balance, % of GDP1.7%2025
Budget balance, % of GDP1.6%2024
Extreme poverty, % of people below $3.00 a day0.1%2023
Population144 m2025
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Source: World Bank, World Development Indicators (CC BY 4.0). Data release 2026-10-22. Figures are revised by their publishers.