Russian Federation's export volume index (2015 = 100) was 100.1 in 2024, the latest year in the World Bank's World Development Indicators. That is up 6.6% from 93.9 in 2014 (0.64% a year on average, compounded).
Key figures
| Value | Year | |
|---|---|---|
| Latest | 100.1 | 2024 |
| Five years earlier | 109.4 | 2019 |
| Ten years earlier | 93.9 | 2014 |
| Highest | 112.9 | 2018 |
| Lowest | 81.2 | 2005 |
| Average since 2015 | 106.16 | 2015–2024 |
| First recorded | 81.2 | 2005 |
What the numbers say
In 2024, Russian Federation's export volume index (2015 = 100) rose 4.6 on 2023 (from 95.5 to 100.1).
Across the 18 yearly changes before that (2006 to 2023), the average change was +0.79 and a typical year strayed about 4.9 from that (the standard deviation). This year's change was 0.8 standard deviations above that average, so it was an ordinary year: it sits within the range of normal year-to-year movement.
On record, the biggest yearly rise was 6.2 in 2010 and the biggest yearly fall was 14.4 in 2023. The numbers show how large and when, not why; for the cause, look at what happened in that country in those years.
From 2015 to 2024 there is no clear straight-line trend: a straight line explains 2% of the movement over 10 observed years, so the value is moving around more than it is heading anywhere.
Worked out from the yearly values above. How the checks work: standard deviation, z-scores and straight-line trends.
How it compares
In 2024, Russian Federation had the 135th highest value of the 203 economies reporting that year. Higher is not always better: for some indicators the lowest value is the one to aim for. See the full ranking.
| Value | Year | |
|---|---|---|
| Russian Federation | 100.1 | 2024 |
| World | 117.6 | 2024 |
Closest to Russian Federation in the 2024 ranking
- Sweden — 132nd of 203: 101.1
- Lesotho — 133rd of 203: 101
- Zambia — 134th of 203: 100.7
- Cabo Verde — 136th of 203: 99.5
- Slovak Republic — 137th of 203: 99.3
- Estonia — 138th of 203: 99.1
What this measures
Export volume indexes are derived from UNCTAD's volume index series and are the ratio of the export value indexes to the corresponding unit value indexes. Unit value indexes are based on data reported by countries that demonstrate consistency under UNCTAD quality controls, supplemented by UNCTAD's estimates using the previous year's trade values at the Standard International Trade Classification three-digit level as weights.
All 20 values
| Year | Export volume index (2015 = 100) |
|---|---|
| 2024 | 100.1 |
| 2023 | 95.5 |
| 2022 | 109.9 |
| 2021 | 112.8 |
| 2020 | 109.2 |
| 2019 | 109.4 |
| 2018 | 112.9 |
| 2017 | 107.9 |
| 2016 | 103.9 |
| 2015 | 100 |
| 2014 |
Export volume index (2015 = 100) in nearby economies
More trade data for Russian Federation
- Tariff rate, applied, simple mean, manufactured products (%) — 5.44% (2021)
- Tariff rate, most favored nation, simple mean, manufactured products (%) — 6.46% (2021)
- Tariff rate, applied, weighted mean, manufactured products (%) — 4.16% (2021)
- Tariff rate, most favored nation, weighted mean, manufactured products (%) — 4.71% (2021)
- Tariff rate, applied, simple mean, all products (%) — 5.51% (2021)
- Tariff rate, most favored nation, simple mean, all products (%) — 6.86% (2021)
- Tariff rate, applied, weighted mean, all products (%) — 4.17% (2021)
- Tariff rate, most favored nation, weighted mean, all products (%)
Reading data like this
Questions people ask
- What is Russian Federation's export volume index (2015 = 100)?
- 100.1 in 2024, according to the World Bank (World Development Indicators).
- How has it changed since 2005?
- It is up 23.28% from 81.2 in 2005 (1.11% a year on average, compounded). The highest value was 112.9 in 2018 and the lowest 81.2 in 2005.
- How does Russian Federation rank?
- 135th highest of 203 economies with data for 2024.
- Is the latest change in export volume index (2015 = 100) unusual for Russian Federation?
- In 2024, Russian Federation's export volume index (2015 = 100) rose 4.6 on 2023 (from 95.5 to 100.1). Across the 18 yearly changes before that (2006 to 2023), the average change was +0.79 and a typical year strayed about 4.9 from that (the standard deviation). This year's change was 0.8 standard deviations above that average, so it was an ordinary year: it sits within the range of normal year-to-year movement.
Source
World Bank, World Development Indicators, indicator TX.QTY.MRCH.XD.WD, licensed CC BY 4.0. Original source: UN Conference on Trade and Development (UNCTAD) Figures are fetched from the World Bank API and refreshed monthly; see the series on data.worldbank.org. The full definition and method are in the World Bank's metadata glossary. Comparisons use the same World Bank release.
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