Economy of Russia
Summary
Russia has a developing market-oriented mixed economy considered high-income and highly industrialized. It has the ninth-largest economy in the world by nominal GDP and the fourth-largest economy by GDP (PPP). Due to a volatile currency exchange rate, its GDP measured in nominal terms fluctuates sharply. Russia was the last major economy to join the World Trade Organization (WTO), becoming a member in 2012.
Originally created by KoyaanisQatsi
7/7/2001, 1:27:21 PM
Modified
5/17/2026, 9:02:44 PM
Recent revisions
Rescuing 0 sources and tagging 1 as dead.) #IABot (v2.0.9.5
Updating per request at [[Talk:Economy of Russia#Russia's gini coefficient 2023 and other data]].
Updating per request at [[Talk:Economy of Russia#Fix Russia gdp real value imf for 2026]].
/* Full transition to market economy, prices liberalization and privatization (1991–1997) */ adding citation
running exact terms in parallel
it was re-worded to bring it in accordance to other articles, this citation style is causing readability issues.
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Updated average wage
Inflation (CPI) is meant to reflect current fiscal year data and, potentially, two forecasted years
unchanged since 2025
Down from 2025 and moderating into 2026
GDP growth rates are typically current fiscal + 2 forcasted years
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Updated average salary to 2025 December
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Updated the growth forecast figures according to the IMF WEO April 2026 Report
Russia’s Nominal GDP per capita is $18,526 thous ranking 66th
Russia GDP PPP per capita is $52,479 thous ranking 43rd
According to the IMF WEO April Report Russia GDP (PPP) was $7.525 trillion.
