About Russia

Russia is the 4th
largest economy in the world



GDP purchasing power parity

Growth of modern Russia in numbers
1999-2023

International reserves
of Russia has increased
more than 45 times.
542bn
x 45
12bn
2023
1999
Total value of assets
of Russian banking system
has risen more than 28 times.
1,690bn
x 28
59bn
2023
1999
Public debt.
% of GDP
15.0%
x 6
92.1%
2023
1999
Capitalization of the Russian
Stock Market has grown
14 times.
574bn
x 14
40bn
2023
1999
The lowest level
of public debt
among the BRICS
countries -
15 % of GDP
GDP per capita has increased more than 9 times.
12,610
x 9
1,346
2023
1999
Average nominal monthly
wage grew 14 times.
794
x 14
57
2023
1999
Strong labor market.
Low unemployment rate. %
3.2%
x 4
13%
2023
1999
Sources: IMF, Cеntral Bank of Russia, Rosstat, Moscow Exchange, Ministry of Finance of the Russian Federation, Russian Federal Treasury