ru Russian Federation 2023

Detailed economic analysis and indicators for 2023

Year 2023

Key Economic Indicators (2023)

GDP (Current USD)

$2.02 trillion

↓ 10.79% vs 2022
GDP per Capita

$13,817.05

↓ 10.54% vs 2022
GDP Growth (Annual %)

3.60%

↑ 5.67pp vs 2022
Inflation Rate (CPI %)

N/A

Year-over-Year Comparison

Indicator 2022 2023 Change
GDP (Current USD) $2.27 trillion $2.02 trillion -10.79%
GDP per Capita $15,445.24 $13,817.05 -10.54%
GDP Growth (Annual %) -2.07% 3.60% +5.67pp
Inflation (CPI %) N/A N/A N/A
Unemployment Rate (%) 3.87% 3.08% -0.79pp

All Economic Indicators (2023)

National Accounts
GDP (Current USD)
$2.02 trillion
GDP per Capita
$13,817.05
GDP Growth (Annual %)
3.60%
Gross National Income
$1.99 trillion
Prices & Employment
Inflation (CPI %)
N/A
Inflation (GDP Deflator %)
7.07%
Unemployment Rate (%)
3.08%
Interest Rate (Real %)
4.25%
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)
2.48%
Government Debt (% GDP)
N/A
Data Last Updated
2025-10-23

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Frequently Asked Questions

As of 2023, Russian Federation's Gross Domestic Product (GDP) is $2.02 trillion. This represents the total value of goods and services produced in the country.

The GDP per capita in Russian Federation for 2023 is $13,817.05. GDP per capita is calculated by dividing the country's GDP by its population.

Russian Federation's annual GDP growth rate for 2023 is 3.60%. This indicates the rate at which the country's economy is expanding or contracting.

The unemployment rate in Russian Federation for 2023 is 3.08%. This represents the percentage of the labor force that is unemployed and actively seeking employment.