
Russia: Imports, percent of GDP
* indicates monthly or quarterly data series
| Russia |
Imports of goods and services as percent of GDP |
|---|---|
| Latest value | 15.51 |
| Year | 2025 |
| Measure | percent |
| Data availability | 1989 - 2025 |
| Average | 22.00 |
| Min - Max | 12.99 - 48.25 |
| Source | The World Bank |
| Available for | Data download |
The latest value from 2025 is 15.51 percent, a decline from 17.56 percent in 2024. In comparison, the world average is 47.03 percent, based on data from 135 countries. Historically, the average for Russia from 1989 to 2025 is 22 percent. The minimum value, 12.99 percent, was reached in 1991 while the maximum of 48.25 percent was recorded in 1992.
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* indicates monthly or quarterly data series
| Recent values | Russia: Imports, percent of GDP |
|---|---|
| 2025 | 15.51 |
| 2024 | 17.56 |
| 2023 | 18.57 |
| 2022 | 15.06 |
| 2021 | 20.58 |
| 2020 | 20.44 |
| 2019 | 20.80 |
| 2018 | 20.79 |
The imports of Russia and other countries are calculated as the total amount of goods and services produced abroad and sold at home. Imports are often reported as percent of GDP so that we can evaluate their magnitude relative to the size of the economy.
If imports are about 15 percent or less of GDP the economy is considered relatively closed. That, for example, applies to the U.S. In contrast, many small European countries import over 40 percent of the products they consume. They are considered more open to international trade.
If imports are about 15 percent or less of GDP the economy is considered relatively closed. That, for example, applies to the U.S. In contrast, many small European countries import over 40 percent of the products they consume. They are considered more open to international trade.
Definition: Imports of goods includes change in the economic ownership of goods from non-residents toresidents of the compiling economy, irrespective of physical movement of goods across national borders. Imports of services includes services provided by non-residents to residents. This indicator is expressed as a percentage of Gross Domestic Product (GDP) which is the total income earned through the production of goods and services in an economic territory during an accounting period.
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| Related indicators | Latest | Reference | Measure |
|---|---|---|---|
| Terms of trade | 116.10 | 2024 | percent |
| Trade openness | 33.71 | 2025 | percent |
| Financial openness | -1.248 | 2022 | index points |
| Exports, percent of GDP | 18.20 | 2025 | percent |
| Exports, billion dollars | 466.24 | 2025 | billion U.S. dollars |
| Growth of exports | 3.24 | 2021 | percent |
| Imports, percent of GDP | 15.51 | 2025 | percent |
| Imports, billion dollars | 397.18 | 2025 | billion U.S. dollars |
| Foreign Direct Investment, percent of GDP | 0.90 | 2025 | percent |
| Foreign Direct Investment, billion dollars | -9.35 | 2024 | billion U.S. dollars |
| Portfolio investment inflows, equities | -2,454.79 | 2024 | million dollars (current) |
| Current account, percent of GDP | 1.68 | 2025 | percent |
| Current account, in dollars | 43.06 | 2025 | billion U.S. dollars |
| Current Account, quarterly | 9.05 | 9/2021 | percent |
| Trade balance, percent of GDP | 2.70 | 2025 | percent |
| Trade balance, in dollars | 93.68 | 2024 | billion U.S. dollars |
| Reserves | 608.36 | 2024 | billion U.S. dollars |
| Remittances, percent of GDP | 0.09 | 2024 | percent |
| Remittances | 1,610.64 | 2025 | million U.S. dollars |
| Net errors and omissions | -12,333.75 | 2025 | million USD |
| External debt | 13.33 | 2024 | percent |
| Short-term external debt | 39.85 | 2024 | percent |
| Short-term debt to reserves | 14.04 | 2023 | percent |
| External debt in foreign currencies | 63.35 | 2024 | percent |