Russia GDP Per Capita 2024

[ Nominal GDP Per Capita in USD ]

Year -

$14,889.02

Source: world bank Nominal/PPP
Summary:

Russia GDP Per Capita expanded from 1988 to 2024, increasing from $3,778.02 to $14,889.02 .The compound annual growth rate (CAGR) averaged 3.88% over the period. The economy recorded its peak level in 2013 and its lowest level in 1999. Growth volatility remained high. The maximum drawdown reached 64.78%, indicating the largest cyclical decline from peak levels. The country experienced 8 recession episode(s) during the observed period.

Latest GDP Per Capita of Russia 2024 – Nominal vs PPP

MetricNominal GDP (Current USD)GDP (PPP, Int$)
Latest Year20242024
Latest GDP Per Capita$ 14,889.02 dollars$ 47,404.96 Int dollars
Growth (YoY)5.153%7.085%
Net Change vs Previous Year$ 729.63 dollars$ 3,136.23 Int dollars
% of World GDP Per Capita13.42%23.74%
MeaningNominal GDP Per Capita (Current USD, exchange-rate based)GDP (PPP, cost-of-living adjusted)
Russia GDP | Russia GDP Growth

Russia Annual GDP Per Capita From 1960 to 2024

Source: Worldbank Nominal PPP

NominalPPP
YearDollar $Net Chg $% ChgInt $Net Chg $% Chg
1960------
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1987------
19883778.02-----
19893429.65-348.37-9.221 %---
19903494.0664.411.878 %8027.79--
19913490.45-3.61-0.103 %7857.85-169.93-2.117 %
19923098.8-391.65-11.221 %6862.41-995.44-12.668 %
19932930.67-168.13-5.426 %6419.54-442.88-6.454 %
19942662.1-268.57-9.164 %5734.42-685.11-10.672 %
19952665.783.680.138 %5613.28-121.14-2.113 %
19962643.93-21.85-0.82 %5517.86-95.42-1.7 %
19972737.5793.643.542 %5699.95182.093.3 %
19981834.86-902.71-32.975 %5465.06-234.89-4.121 %
19991330.76-504.1-27.474 %5914.33449.278.221 %
20001771.59440.8433.127 %6825.39911.0715.404 %
20012100.35328.7618.557 %7361.36535.977.853 %
20022377.53277.1813.197 %8037.47676.119.185 %
20032975.12597.5925.135 %9254.541217.0615.142 %
20044102.361127.2437.889 %10226.77972.2310.505 %
20055323.461221.0929.766 %11822.351595.5815.602 %
20066920.21596.7429.995 %14912.233089.8926.136 %
20079101.242181.0431.517 %16648.241736.0111.642 %
200811635.282534.0427.843 %20163.613515.3721.116 %
20098562.82-3072.46-26.406 %19389.94-773.67-3.837 %
201010674.992112.1724.667 %20490.131100.195.674 %
201114305.333630.3434.008 %22789.542299.4211.222 %
201215401.851096.527.665 %24273.521483.976.512 %
201315941.45539.63.503 %26019.731746.217.194 %
201414055.47-1885.98-11.831 %25688.23-331.5-1.274 %
20159277.71-4777.76-33.992 %23994.01-1694.21-6.595 %
20168663.16-614.56-6.624 %24012.418.390.077 %
201710658.911995.7523.037 %25777.91765.57.352 %
201811211.89552.975.188 %28628.562850.6611.059 %
201911447.7235.812.103 %30963.852335.298.157 %
202010108.33-1339.37-11.7 %31490.8526.951.702 %
202112425.032316.722.919 %38638.437147.6322.697 %
202215619.613194.5825.711 %40938.992300.565.954 %
202314159.39-1460.23-9.349 %44268.733329.748.133 %
202414889.02729.635.153 %47404.963136.237.085 %

Russia Economic Phases (1988 - 2024)

From 1988 to 2024, Russia economy moved through multiple cyclical phases marked by alternating periods of rapid expansion and contraction.

  • Contraction (1993–1994) indicating temporary slowdown
  • Crisis (1998–1999) indicating severe economic downturn
  • High Growth (2000–2008) indicating robust economic expansion
  • High Growth (2010–2012) indicating robust economic expansion
  • Crisis (2014–2015) indicating severe economic downturn
  • High Growth (2017–2018) indicating robust economic expansion
  • High Growth (2021–2022) indicating robust economic expansion
  • High Growth (2024–2024) indicating robust economic expansion

The most remarkable growth occurred in 2004 with an increase of 37.889%, while the largest decline was in 2015 at -33.992%.