Russian Federation: GNI, PPP (constant 2021 international $)

Key figures

What the numbers say

In 2023, Russian Federation's GNI, PPP (constant 2021 international $) rose 4.4% on 2022 (from 5.45 trillion to 5.69 trillion).

Across the 10 yearly changes before that (2013 to 2022), the average change was +0.6% and a typical year strayed about 2.7% from that (the standard deviation). This year's change was 1.4 standard deviations above that average, so it was larger than a typical year, though not out of the range seen before.

On record, the biggest yearly rise was 5.6% in 2021 and the biggest yearly fall was 2.6% in 2016. The numbers show how large and when, not why; for the cause, look at what happened in that country in those years.

From 2014 to 2023 the straight-line trend is upward, about 54.63 billion a year. A straight line explains 66% of the movement over 10 observed years.

Worked out from the yearly values above. How the checks work: standard deviation, z-scores and straight-line trends.

How it compares

See how every economy compares in the full ranking.

Closest to Russian Federation in the 2023 ranking

• United Arab Emirates — 2nd of 5: 887.67 billion
• Switzerland — 3rd of 5: 732.7 billion
• Togo — 4th of 5: 26.56 billion

What this measures

This indicator provides values for gross national income (GNI) expressed in constant international dollars, converted by purchasing power parities (PPPs). PPPs account for the different price levels across countries and thus PPP-based comparisons of economic output are more appropriate for comparing the output of economies and the average material well-being of their inhabitants than exchange-rate based comparisons. Gross national income is the total income earned by all residents within an economic territory during an accounting period. It is equal to gross domestic product plus earned income receivable from abroad minus earned income payable abroad. This indicator is expressed in constant prices, meaning the series has been adjusted to account for price changes over time. The reference year for this adjustment is 2021. The PPP conversion factor is a currency conversion factor and a spatial price deflator. PPPs convert different currencies to a common currency and, in the process of conversion, equalize their purchasing power by eliminating the differences in price levels between countries, thereby allowing volume or output comparisons of GDP and its expenditure components.

Regional and income-group figures are computed by the World Bank as a gap-filled total.

All 12 values

GNI, PPP (constant 2021 international $) in nearby economies

• Albania — 53.24 billion (2024)
• Armenia — 63.08 billion (2025)
• Austria — 572.56 billion (2024)
• Belarus — 273.61 billion (2025)
• Belgium — 746.79 billion (2024)
• Bosnia and Herzegovina — 66.37 billion (2025)
• Bulgaria — 214.02 billion (2025)
• Croatia — 171.06 billion (2025)
• Cyprus — 47.62 billion (2025)
• Czechia — 505.5 billion (2024)

More economic policy & debt data for Russian Federation

• Adjusted savings, education expenditure (% of GNI) — 4.43% (2021)
• Adjusted savings, mineral depletion (current US$) — US$15.53 billion (2021)
• Adjusted savings, energy depletion (current US$) — US$148.66 billion (2021)
• General government final consumption expenditure (current US$) — US$489.23 billion (2025)
• General government final consumption expenditure (current LCU) — 40.93 trillion (2025)
• General government final consumption expenditure (% of GDP) — 19.1% (2025)
• Households and NPISHs final consumption expenditure (current US$) — US$1.31 trillion (2025)
• Households and NPISHs final consumption expenditure (current LCU)

Reading data like this

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Questions people ask

What is Russian Federation's GNI, PPP (constant 2021 international $)?

5.69 trillion in 2023, according to the World Bank (World Development Indicators).

How has it changed since 2012?

It is up 10.84% from 5.14 trillion in 2012 (0.94% a year on average, compounded). The highest value was 5.69 trillion in 2023 and the lowest 5.03 trillion in 2016.

Is the latest change in GNI, PPP (constant 2021 international $) unusual for Russian Federation?

In 2023, Russian Federation's GNI, PPP (constant 2021 international $) rose 4.4% on 2022 (from 5.45 trillion to 5.69 trillion). Across the 10 yearly changes before that (2013 to 2022), the average change was +0.6% and a typical year strayed about 2.7% from that (the standard deviation). This year's change was 1.4 standard deviations above that average, so it was larger than a typical year, though not out of the range seen before.

Source

World Bank, World Development Indicators, indicator NY.GNP.MKTP.PP.KD, licensed CC BY 4.0. Original source: International Comparison Program (ICP), World Bank (WB), uri: https://www.worldbank.org/en/programs/icp/data, note: This information is for ICP’s PPPs utilized in WDI, publisher: International Comparison Program (ICP), date accessed: May 30, 2024, date published: May 30, 2024; The Eurostat PPP Progr… 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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