According to the IMF World Economic Outlook (April 2024), Russia's nominal GDP in 2024 is projected to be around $2,057 billion at current prices. Based on PPP, Russia's GDP in 2024 is forecast at 5,473 billion international dollars.

Russia has the fifth-largest economy by GDP (nominal) and second by GDP (PPP) in Europe, the 11th largest by nominal GDP in the world, and sixth by GDP (PPP).

  • Nominal
  • PPP

Projections by IMF

Year GDP (billions of $/Int. $)
NominalPPP
20231,997.035,180.14
20242,056.845,472.88
20252,090.525,670.31
20262,117.245,849.39
20272,148.686,034.35
20282,182.016,225.28
20292,211.466,423.54

Estimates by World Bank

Year GDP Nominal (billions of $) GDP PPP (billions Int. $) Share (%) to World Rank/Total
CurrentConstant (2015) CurrentConstant (2017)NominalPPPNominalPPP
1960--------
1961--------
1962--------
1963--------
1964--------
1965--------
1966--------
1967--------
1968--------
1969--------
1970--------
1971--------
1972--------
1973--------
1974--------
1975--------
1976--------
1977--------
1978--------
1979--------
1980--------
1981--------
1982--------
1983--------
1984--------
1985--------
1986--------
1987--------
1988554.71---2.86-7/163-
1989506.501,197.41--2.50-8/163-
1990516.811,161.491,187.863,178.792.264.049/1784/162
1991517.961,102.871,166.053,018.362.173.769/1785/164
1992460.29942.611,019.332,579.761.813.149/17910/167
1993435.08860.90953.032,356.131.682.8212/18110/168
1994395.08752.69851.032,059.971.422.3813/18310/170
1995395.54721.50832.881,974.621.272.2113/19211/180
1996391.73694.41817.531,900.471.232.0516/19212/180
1997404.93704.13843.111,927.071.282.0016/19212/181
1998270.96666.81807.031,824.940.8591.8519/19412/181
1999195.91709.48870.681,941.730.5981.9022/19512/182
2000259.71780.431,000.582,135.910.7672.0320/19912/188
2001306.60820.241,074.592,244.840.9122.0816/20111/189
2002345.47858.791,167.902,350.350.9892.1616/20610/190
2003430.35921.481,338.662,521.921.102.3416/20610/190
2004591.02987.821,473.342,703.501.342.3916/20610/191
2005764.021,051.041,696.732,876.521.602.5514/20610/191
2006989.931,137.232,133.193,112.401.912.9312/2077/192
20071,299.701,233.892,377.453,376.952.233.0111/2077/192
20081,660.851,298.062,878.203,552.552.593.459/2086/194
20091,222.651,196.812,768.603,275.452.013.2912/2086/195
20101,524.921,250.662,927.003,422.852.293.2611/2096/195
20112,045.921,304.443,259.323,570.032.773.419/2126/196
20122,208.291,356.943,480.303,713.692.923.468/2106/194
20132,292.471,380.763,741.783,778.882.953.558/2115/196
20142,059.241,390.923,763.533,806.712.583.449/2126/195
20151,363.481,363.483,526.243,731.611.813.1512/2106/195
20161,276.791,366.123,538.983,738.841.673.0412/2106/194
20171,574.201,391.073,807.103,807.101.933.1112/2106/194
20181,657.331,430.124,231.843,913.981.923.2512/2106/194
20191,693.111,461.554,412.884,000.011.933.2311/2096/194
20201,493.081,422.774,395.493,893.861.753.2611/2096/193
20211,836.891,502.654,965.704,112.471.903.3510/2035/193
20222,240.421,471.545,326.854,027.362.233.258/1855/184