Russia’s Exports as a Share of GDP, 2023–2024

Exports of goods and services as a share of GDP; %, 2023 and 2024.

What the Data Shows

Russia’s exports of goods and services are compared as a share of GDP in 2023 and 2024. Each value uses national GDP as the denominator. The export share falls from 22.8% to 21.9%. The decline is 0.9 percentage points across the two annual observations.

Data table

Unit: percent of GDP · Period: 2023–2024

RankEntryValuePeriod
1202322.8%2023
2202421.9%2024

Sources

Source 1: Exports of goods and services (% of GDP)

Publisher: World Bank WDI

Dataset/table: World Development Indicators

Units: percent of GDP

Date checked: 2026-07-18

Evidence: Supports Russia’s 2023 and 2024 export-share-of-GDP observations.

Data notes & caveats

Exports cover goods and services under the national-accounts definition. Each percentage uses Russia’s GDP for that year.

Methodology

The same WDI exports-to-GDP indicator is compared across 2023 and 2024; the later percentage minus the earlier percentage gives the change.

Source consistency notes

Both values use one WDI indicator, national scope, annual frequency and percent-of-GDP basis.

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