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Russia real GDPRussia real GDPRussia real GDP

Russia real GDP

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RUGDPCP chart


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Key data points


Last release
—
Observation period
Q3 2024
Next release
—
Forecast
—
Highest
‪39.27 T‬ RUB on Dec 31, 2023
Lowest
‪26.41 T‬ RUB on Mar 31, 2011

About Russia real GDP


Category
GDP
Source
Federal State Statistics Service
Frequency
Quarterly
Units
RUB

Russia in figures — see more economic indicators tied to RUGDPCP.
RUFYGDPG
Full Year GDP Growth
RUGDP
GDP
RUGDPA
GDP From Agriculture
RUGDPC
GDP From Construction
RUGDPCP
Real GDP
RUGDPMAN
GDP From Manufacturing
RUGDPMIN
GDP From Mining
RUGDPPA
GDP From Public Administration
RUGDPPC
GDP Per Capita
RUGDPPCP
GDP Per Capita PPP
RUGDPQQ
GDP Growth Rate
RUGDPT
GDP From Transport
RUGDPU
GDP From Utilities
RUGDPYY
GDP Growth
RUGFCF
Gross Fixed Capital Formation
RUGNP
Gross National Product
RUMGDPYY
Monthly GDP YoY

Frequently Asked Questions


Real GDP is calculated using a GDP price deflator, which is the difference in prices between the current year and the base year. Then nominal GDP (GDP adjusted for inflation) is divided by this deflator, yielding real GDP. Nominal GDP is usually higher than real GDP because inflation is typically a positive number.
Since GDP measures an economy's output, it is subject to inflationary pressure. So real GDP is a measure of an economy's output adjusted for inflation.
Last quarter Russia real GDP was 36.92 T RUB, and the quarter before it reached 34.67 T RUB.