ru Russian Federation 2016

Detailed economic analysis and indicators for 2016

Year 2016

Key Economic Indicators (2016)

GDP (Current USD)

$1.28 trillion

↓ 6.36% vs 2015
GDP per Capita

$8,663.16

↓ 6.62% vs 2015
GDP Growth (Annual %)

0.19%

↑ 2.17pp vs 2015
Inflation Rate (CPI %)

7.04%

↓ 8.49pp vs 2015

Year-over-Year Comparison

Indicator 2015 2016 Change
GDP (Current USD) $1.36 trillion $1.28 trillion -6.36%
GDP per Capita $9,277.71 $8,663.16 -6.62%
GDP Growth (Annual %) -1.97% 0.19% +2.17pp
Inflation (CPI %) 15.53% 7.04% -8.49pp
Unemployment Rate (%) 5.62% 5.59% -0.02pp

All Economic Indicators (2016)

National Accounts
GDP (Current USD)
$1.28 trillion
GDP per Capita
$8,663.16
GDP Growth (Annual %)
0.19%
Gross National Income
$1.24 trillion
Prices & Employment
Inflation (CPI %)
7.04%
Inflation (GDP Deflator %)
2.84%
Unemployment Rate (%)
5.59%
Interest Rate (Real %)
9.48%
Trade & Investment
Exports (Goods & Services)
N/A
Imports (Goods & Services)
N/A
FDI Inflow
N/A
FDI Outflow
N/A
Balance & Debt
Current Account Balance (% GDP)
1.92%
Government Debt (% GDP)
N/A
Data Last Updated
2025-10-23

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Frequently Asked Questions

As of 2016, Russian Federation's Gross Domestic Product (GDP) is $1.28 trillion. This represents the total value of goods and services produced in the country.

The GDP per capita in Russian Federation for 2016 is $8,663.16. GDP per capita is calculated by dividing the country's GDP by its population.

The Consumer Price Index (CPI) inflation rate in Russian Federation for 2016 is 7.04%. This measures the annual percentage change in the cost of consumer goods and services.

Russian Federation's annual GDP growth rate for 2016 is 0.19%. This indicates the rate at which the country's economy is expanding or contracting.

The unemployment rate in Russian Federation for 2016 is 5.59%. This represents the percentage of the labor force that is unemployed and actively seeking employment.