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Economy of Russia vs Saint Vincent compared: GDP & Debt

Updated on by Georank team

Russia has a GDP of $2.17T compared to $1.16B for Saint Vincent, ranking 11/197 and 186/197 by economy size, respectively.

Russia has $440B in government debt (20.3% of GDP), compared to $1.07B (92.7% of GDP) in Saint Vincent.

Russia vs Saint Vincent GDP by year

Russia
Saint Vincent
1x
Year GDP, current $
Russia Saint Vincent
2024 $2,173,835,806,672 $1,157,207,407
2023 $2,071,505,725,031 $1,072,237,037
2022 $2,291,612,121,335 $989,188,889
2021 $1,829,186,719,575 $888,677,778
2020 $1,493,075,894,362 $864,566,667
2019 $1,693,115,002,708 $910,481,481
2018 $1,657,328,773,461 $884,329,630
2017 $1,574,199,360,089 $844,040,741
2016 $1,276,786,350,881 $814,303,704
2015 $1,363,482,182,198 $786,555,556
2014 $2,059,241,589,895 $770,900,000
2013 $2,292,470,078,346 $764,781,259
2012 $2,208,293,553,878 $730,032,593
2011 $2,045,922,753,398 $713,796,370
2010 $1,524,916,715,224 $720,447,889
2009 $1,222,645,900,056 $714,300,259
2008 $1,660,848,058,303 $732,663,259
2007 $1,299,703,478,482 $713,596,667
2006 $989,932,071,353 $643,501,148
2005 $764,015,973,481 $579,948,926
2004 $591,016,690,732 $549,900,185
2003 $430,347,420,185 $509,090,889
2002 $345,470,494,418 $487,763,852
2001 $306,602,070,621 $462,072,333
2000 $259,710,142,197 $427,946,037
1999 $195,907,128,351 $390,718,519
1998 $270,955,486,862 $373,618,519
1997 $404,928,954,192 $347,770,370
1996 $391,724,890,744 $331,488,889
1995 $395,537,185,735 $316,007,407
1994 $395,077,301,248 $289,437,037
1993 $435,083,713,851 $286,307,407
1992 $460,290,556,901 $277,955,556
1991 $517,962,962,963 $254,829,630
1990 $517,014,446,228 $240,366,667
1989 $506,631,299,735 $214,745,002
1988 $554,828,660,436 $200,726,713
1987 - $175,580,647
1986 - $160,846,657
1985 - $145,641,705
1984 - $135,024,988
1983 - $122,255,350
1982 - $113,759,203
1981 - $102,086,539
1980 - $82,340,340
1979 - $71,096,360
1978 - $60,844,771
1977 - $49,353,162
1976 - $32,792,845
1975 - $33,237,226
1974 - $32,923,703
1973 - $30,165,081
1972 - $27,585,805
1971 - $20,051,922
1970 - $18,450,000
1969 - $16,650,000
1968 - $15,350,000
1967 - $15,835,106
1966 - $16,099,960
1965 - $15,108,296
1964 - $14,758,296
1963 - $13,708,299
1962 - $14,524,964
1961 - $13,999,965
1960 - $13,066,634

Data sources: World Bank | Economy & Growth (1960–2024, retrieved 2026-04-06).

GeoRank.org/economy/russia/saint-vincent | CC BY

GDP per capita in Russia vs Saint Vincent by year

Russia
GDP per capita

GDP per capita, PPP
Saint Vincent
GDP per capita

GDP per capita, PPP
1x
Year Current $
Russia Saint Vincent
GDP per capita GDP per capita, PPP GDP per capita GDP per capita, PPP
2024 $15,145 $47,405 $11,501 $21,272
2023 $14,403 $44,269 $10,582 $19,820
2022 $15,888 $40,939 $9,694 $18,035
2021 $12,637 $38,638 $8,641 $16,201
2020 $10,280 $31,491 $8,351 $15,337
2019 $11,640 $30,964 $8,741 $15,340
2018 $11,399 $28,629 $8,428 $14,690
2017 $10,835 $25,778 $7,988 $13,575
2016 $8,804 $24,012 $7,657 $13,493
2015 $9,427 $23,994 $7,354 $12,379
2014 $14,277 $25,688 $7,169 $12,136
2013 $15,941 $26,020 $7,072 $11,625
2012 $15,402 $24,274 $6,714 $10,989
2011 $14,305 $22,790 $6,528 $10,774
2010 $10,675 $20,490 $6,552 $10,561
2009 $8,563 $19,390 $6,464 $10,869
2008 $11,635 $20,164 $6,599 $10,902
2007 $9,101 $16,648 $6,398 $10,604
2006 $6,920 $14,912 $5,745 $9,949
2005 $5,323 $11,822 $5,157 $8,986
2004 $4,102 $10,227 $4,873 $8,472
2003 $2,975 $9,255 $4,500 $7,903
2002 $2,378 $8,037 $4,303 $7,250
2001 $2,100 $7,361 $4,071 $6,768
2000 $1,772 $6,825 $3,769 $6,503
1999 $1,331 $5,914 $3,447 $6,266
1998 $1,835 $5,465 $3,301 $6,026
1997 $2,738 $5,700 $3,074 $5,726
1996 $2,644 $5,518 $2,930 $5,440
1995 $2,666 $5,613 $2,795 $5,277
1994 $2,662 $5,734 $2,563 $4,802
1993 $2,931 $6,420 $2,540 $4,769
1992 $3,099 $6,862 $2,471 $4,477
1991 $3,490 $7,858 $2,271 $4,126
1990 $3,494 $8,028 $2,150 $3,960
1989 $3,430 - $1,930 -
1988 $3,778 - $1,814 -
1987 - - $1,596 -
1986 - - $1,472 -
1985 - - $1,342 -
1984 - - $1,254 -
1983 - - $1,144 -
1982 - - $1,074 -
1981 - - $972 -
1980 - - $790 -
1979 - - $687 -
1978 - - $592 -
1977 - - $484 -
1976 - - $324 -
1975 - - $331 -
1974 - - $331 -
1973 - - $306 -
1972 - - $282.1 -
1971 - - $207 -
1970 - - $192.3 -
1969 - - $175.2 -
1968 - - $163.1 -
1967 - - $170 -
1966 - - $174.9 -
1965 - - $166.2 -
1964 - - $164.4 -
1963 - - $154.9 -
1962 - - $166.5 -
1961 - - $163 -
1960 - - $154.8 -

Data sources: World Bank | Economy & Growth (1960–2024, retrieved 2026-04-06).

GeoRank.org/economy/russia/saint-vincent | CC BY

Russia's GDP per capita is $15,145, ranking 68/197, compared to $11,501 in Saint Vincent, ranking 81/197. Adjusted for purchasing power (GDP per capita PPP), Russia ranks 50th at $47,405, while Saint Vincent ranks 92nd at $21,272.

Economic indicators

Russia Saint Vincent
Gross domestic product
$2.17T
2024
$1.16B
2024
GDP rank
11/197
2024
186/197
2024
GDP growth
4.34%
2023-2024
4.06%
2023-2024
GDP per capita
$15,145
2024
$11,501
2024
GDP per capita rank
68/197
2024
81/197
2024
GDP per capita, PPP
$47,405
2024
$21,272
2024
GDP per capita PPP rank
50/197
2024
92/197
2024
Government debt
$440B
2024
$1.07B
2024
Debt-to-GDP ratio
20.3%
2024
92.7%
2024
Government debt per person
$3,067
2024
$10,659
2024
Government debt per person rank
98/185
2024
56/185
2024
Average annual personal income after taxes
$10,464
2026
$12,573
2026
Market capitalization of domestic companies
$650B
2023
n/a
Number of millionaires
426,000
2025
n/a
Number of billionaires
140
2025
n/a
Income share by richest 10%
25.1%
2023
n/a
Income share by poorest 10%
3.1%
2023
n/a
Government expenditure, % of GDP
36.9%
2024
39.1%
2024
Consumer prices inflation
8.4%
2023-2024
3.63%
2023-2024
Central bank interest rate
16%
2025
n/a
Unemployment rate
2.43%
2024
18.8%
2008
Population
141906741
99237

Spending and national debt comparison by year

Russia
Spending

Debt
Saint Vincent
Spending

Debt
1x
Year % of GDP
Russia Saint Vincent
Government spending Government debt Government spending Government debt
2024 36.9% 20.3% 39.1% 92.7%
2023 35.7% 19.5% 38.9% 89.4%
2022 35.2% 18.5% 36.6% 86.3%
2021 34.9% 16.5% 37.2% 88.4%
2020 39.2% 19.2% 32.9% 80.2%
2019 33.8% 13.7% 29.2% 68.2%
2018 32.6% 13.6% 26.3% 69.4%
2017 34.8% 14.3% 26.6% 69%
2016 36.6% 14.8% 27.1% 79.4%
2015 35.3% 15.3% 27.6% 75.1%
2014 34.9% 15.1% 30.4% 75%
2013 34.7% 12.3% 29.4% 69.9%
2012 34% 11.2% 26.5% 68.1%
2011 33.3% 10.3% 29.4% 64%
2010 35.5% 10.1% 31.1% 61.1%
2009 38.6% 9.92% 31% 57.2%
2008 32% 7.45% 28.4% 50.3%
2007 31.9% 8.03% 27.1% 48.5%
2006 29% 9.8% 26.1% 44.7%
2005 29.5% 14.9% 26.7% 50.5%
2004 29.6% 20.8% 24.9% 58.6%
2003 32.6% 28.3% 26% 55.3%
2002 33.8% 37.6% 25.7% 53.2%
2001 31.5% 44.4% 24.4% 52%
2000 30.7% 55.9% 23.8% 54.3%
1999 34.3% 92.4% 25.2% 52.9%
1998 39.7% 135.2% 25.2% 39.5%
1997 - 51.5% 26% 38.8%
1996 - 51.9% 20.9% 40.7%
1995 - 53.7% 19.9% 46.8%
1994 - 63.5% 22.4% 52.8%
1993 - 92.4% 22.3% 48.1%
1992 - 116% 25.4% 49.6%
1991 - - 25.5% 52.1%
1990 - - 23.1% 53.9%
1989 - - 27.6% -
1988 - - 24.8% -
1987 - - 23.7% -
1986 - - 22.3% -
1985 - - 21.4% -
1984 - - 23.1% -

Data sources: International Monetary Fund (IMF) | Fiscal Monitor (1990–2024, retrieved 2026-02-20); International Monetary Fund (IMF) | Public Finances in Modern History (1984–1996, retrieved 2026-02-20).

GeoRank.org/economy/russia/saint-vincent | CC BY

In 2024, Russia's government spending was $802B, accounting for 36.9% of its GDP, while Saint Vincent spent $453M, or 39.1% of GDP.

Debt-to-GDP ratio is 20.3% in Russia and 92.7% in Saint Vincent, ranking 175/185 and 29/185, respectively.

Government deficit by year

Deficit/surplus
Russia

Saint Vincent
1x
Year Deficit/surplus, % of GDP
Russia Saint Vincent
2024 -1.6% -12.9%
2023 -2.22% -12%
2022 -1.34% -9.35%
2021 0.78% -7.19%
2020 -3.99% -5.92%
2019 1.93% -3.45%
2018 2.92% -1.65%
2017 -1.47% -1.56%
2016 -3.67% 0.04%
2015 -3.39% -2.01%
2014 -1.07% -2.82%
2013 -1.16% -5.81%
2012 0.38% -1.81%
2011 1.43% -3.5%
2010 -3.19% -3.7%
2009 -5.89% -2.85%
2008 4.55% -1.3%
2007 5.59% -3.07%
2006 7.8% -3.13%
2005 7.6% -4.3%
2004 4.57% -2.71%
2003 1.35% -2.51%
2002 0.67% -2%
2001 2.99% -1.6%
2000 3.11% -0.82%
1999 -3.59% -1.93%
1998 -7.42% -1.81%
1997 - -2.77%
1996 - 1.57%
1995 - 1.08%
1994 - 0.12%
1993 - -1.46%
1992 - -3.25%
1991 - -0.47%
1990 - 1.69%
1989 - -1.92%
1988 - 0.59%
1987 - 1.1%
1986 - 2.32%
1985 - 4.23%
1984 - 2.5%
1983 - -
1982 - -
1981 - -
1980 - -
1979 - -
1978 - -
1977 - -
1976 - -
1975 - -
1974 - -
1973 - -
1972 - -
1971 - -
1970 - -
1969 - -
1968 - -
1967 - -
1966 - -
1965 - -
1964 - -
1963 - -
1962 - -
1961 - -
1960 - -
1959 - -
1958 - -
1957 - -
1956 - -
1955 - -
1954 - -
1953 - -
1952 - -
1951 - -
1950 - -
1949 - -
1948 - -
1947 - -
1946 - -
1945 - -
1944 - -
1943 - -
1942 - -
1941 - -
1940 0.15% -
1939 0.12% -
1938 0.16% -
1937 0.12% -
1936 0.1% -
1935 0.07% -
1934 0.25% -
1933 0.58% -
1932 0.06% -
1931 -1.12% -
1930 -1.62% -
1929 -0.4% -
1928 -0.4% -
1927 - -
1926 - -
1925 - -
1924 - -
1923 - -
1922 - -
1921 - -
1920 - -
1919 - -
1918 - -
1917 - -
1916 - -
1915 - -
1914 - -
1913 - -
1912 0.69% -
1911 1.26% -
1910 1.52% -
1909 -0.15% -
1908 -0.83% -
1907 -0.86% -
1906 -3.19% -
1905 -7.72% -
1904 -5.13% -
1903 1.04% -
1902 -1.57% -
1901 0.14% -
1900 -0.36% -
1899 0.66% -
1898 0.03% -
1897 0.34% -
1896 1.3% -
1895 0.7% -
1894 1.43% -
1893 0.63% -
1892 -1.16% -
1891 -0.97% -
1890 0.01% -
1889 1.34% -
1888 0.88% -
1887 0.14% -
1886 -0.84% -
1885 -0.75% -

Data sources: International Monetary Fund (IMF) | Fiscal Monitor (1990–2024, retrieved 2026-02-20); International Monetary Fund (IMF) | Public Finances in Modern History (1885–1989, retrieved 2026-02-20).

GeoRank.org/economy/russia/saint-vincent | CC BY

In 2024, Russia's government deficit, the difference between spending and revenue, was $34.9B, equivalent to 1.6% of GDP. This compares to Saint Vincent's deficit of $149M, or 12.9% of GDP.

Over the past 27 years, Russia recorded a fiscal deficit in 13 of those years, while Saint Vincent ran a deficit in 26 years. On average, Russia posted an annual surplus equal to 0.21% of GDP, compared to deficit of 3.76% of GDP for Saint Vincent.

Inflation comparison by year

Inflation
Russia

Saint Vincent
1x
Year Consumer prices inflation
Russia Saint Vincent
2024 8.4% 3.63%
2023 5.9% 4.56%
2022 13.7% 5.66%
2021 6.7% 1.57%
2020 3.4% -0.63%
2019 4.5% 0.91%
2018 2.9% 2.32%
2017 3.7% 2.15%
2016 7% -0.15%
2015 15.5% -1.73%
2014 7.8% 0.19%
2013 6.8% 0.81%
2012 5.1% 2.6%
2011 8.4% 3.19%
2010 6.8% 0.75%
2009 11.6% 0.42%
2008 14.1% 10.1%
2007 9% 7.24%
2006 9.7% 2.74%
2005 12.7% 3.73%
2004 10.9% 2.96%
2003 13.7% 0.21%
2002 15.8% 1.86%
2001 21.5% 0.9%
2000 20.8% 0.17%
1999 85.7% 1.01%
1998 27.7% 2.14%
1997 14.8% 0.44%

Data sources: International Monetary Fund (IMF) | World Economic Outlook (1997–2024, retrieved 2026-02-20); World Bank | Economy & Growth (1997–2024, retrieved 2026-04-06).

GeoRank.org/economy/russia/saint-vincent | CC BY

Over the past 28 years, Russia has recorded an average annual inflation rate of 13.4%, compared with 2.13% in Saint Vincent. In 2024, inflation was 8.4% in Russia and 3.63% in Saint Vincent.

Top exports between countries

Russia
Export category Export value
Business & finance services $14M
IT & IP services $4.51M
Chemicals & pharma $1.04M
Transport & tourism services $295K
Manufacturing & construction services $51K
Saint Vincent
Export category Export value

Balance of trade

Russia Saint Vincent
Current account balance
$63.4B
2024
-$157M
2024
Current account balance ranking
12/190
2024
93/190
2024
Current account balance, % of GDP
+2.91%
2024
-13.5%
2024
Goods imports
$302B
2024
$445M
2024
Goods exports
$434B
2024
$59.2M
2024
Service imports
$81.5B
2024
$196M
2024
Service exports
$43.1B
2024
$366M
2024
Imports of goods and services, % of GDP
17.6%
2024
n/a
Exports of goods and services, % of GDP
21.9%
2024
15.3%
2025

Economic freedom indices

The indices of economic freedom below are issued by the Heritage Foundation. Higher scores indicate stronger economic health.

Russia Saint Vincent
Economic freedom 50.3 60
Economic freedom ranking 161/197 98/197
Property rights 18.6 65.2
Government integrity 22.8 63.3
Judicial effectiveness 22.8 76.9
Tax burden 81.9 82
Government spending 61.3 56.2
Fiscal health 94.4 2.8
Business freedom 51.4 67.3
Labor freedom 59.1 60.1
Monetary freedom 61.8 77.3
Trade freedom 69.4 58.8
Investment freedom 30 70
Financial freedom 30 40

Economic freedom comparison by year

Russia
Saint Vincent
1x
Year Economic freedom index
Russia Saint Vincent
2026 50.3 60
2025 51.6 60.1
2024 52 59.8
2023 53.8 63.5
2022 56.1 65.7
2021 61.5 66.3
2020 61 66.8
2019 58.9 65.8
2018 58.2 67.7
2017 57.1 65.2
2016 50.6 68.8
2015 52.1 68
2014 51.9 67
2013 51.1 66.7
2012 50.5 66.5
2011 50.5 66.9
2010 50.3 66.9
2009 50.8 64.3
2008 49.8 -
2007 52.2 -
2006 52.4 -
2005 51.3 -
2004 52.8 -
2003 50.8 -
2002 48.7 -
2001 49.8 -
2000 51.8 -
1999 54.5 -
1998 52.8 -
1997 48.6 -
1996 51.6 -
1995 51.1 -

Data sources: The Heritage Foundation | Economic Freedom Index (1995–2026, retrieved 2026-03-09).

GeoRank.org/economy/russia/saint-vincent | CC BY

The Economic Freedom Index for Russia is 50.3, ranking 161/197, compared to 60 for Saint Vincent, ranking 98/197. The chart above displays a comparison of annual changes in economic freedom indexes.

Other economic metrics

Russia Saint Vincent
Services, % of GDP
57.5%
2024
66.4%
2024
Industry, % of GDP
30.7%
2024
15.4%
2024
Agriculture, forestry, and fishing, % of GDP
2.74%
2024
3.55%
2024
GNI, Atlas method
$2.24T
2024
$1.11B
2024
GNI per capita, PPP
$46,780
2024
$21,150
2024
Total reserves including gold
$597B
2023
$317M
2024
Total reserves ranking
6/177
2023
167/177
2024
Net foreign direct investment
$9.37B
2024
-$74M
2024
Net inflows of foreign direct investment
-$9.35B
2024
$139M
2024
Net outflows of foreign direct investment
-$170M
2024
-$1.92M
2024
Servicing debt to the IMF, % of GNI
2.65%
2024
3.84%
2024
Poverty at national poverty lines
12.1%
2020
n/a
Gross capital formation, % of GDP
26.3%
2024
n/a

GDP per capita map

1x

Data sources: World Bank | Economy & Growth (1985–2024, retrieved 2026-04-06); U.S. Census Bureau (1985–2024, retrieved 2026-02-08).

GeoRank.org/economy/russia/saint-vincent | CC BY

Compare countries by 7 more topics

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Data sources:

  1. World Bank | Economy & Growth (1960–2024, retrieved 2026-04-06)
  2. International Monetary Fund (IMF) | Fiscal Monitor (1990–2024, retrieved 2026-02-20)
  3. International Monetary Fund (IMF) | Public Finances in Modern History (1885–1996, retrieved 2026-02-20)
  4. The Heritage Foundation | Economic Freedom Index (1995–2026, retrieved 2026-03-09)
  5. U.S. Census Bureau (1985–2024, retrieved 2026-02-08)
  6. TradeMap (2021, retrieved 2026-02-08)
  7. United Nations | World Population Prospects (2026, retrieved 2026-03-10)
  8. LivingCost (2026, retrieved 2025-10-14)

Creative Commons Attribution (CC BY) — you’re free to copy, share, remix, adapt, and use even commercially as long as you give appropriate credit and clearly indicate if you made changes. Other sources may be subject to different license terms.

The current account balance is the sum of net trade in goods and services, net earnings from cross-border investments, and net transfer payments. It reflects a country's economic transactions with the rest of the world and is a fundamental component of the balance of payments. A surplus indicates that a country exports more than it imports, while a deficit shows the opposite.

Gross National Income (GNI) measures a country's total income. It encompasses income earned by residents, businesses, and foreign sources, defined as employee compensation and investment profits. GNI adds product taxes not included elsewhere and subtracts subsidies. It accounts for income from residents working abroad but excludes earnings from foreigners within the country.

A negative value for Net Foreign Direct Investment indicates a country is a net receiver of investments, as foreign inflows exceed outflows after Balance of Payments adjustments. A positive value indicates a net provider, with outflows exceeding inflows. Inflows are credits (increasing foreign claims on domestic assets), while outflows are debits (increasing domestic assets abroad).

Foreign direct investment (FDI, net inflows) shows how much capital foreign investors bring into a country after accounting for any funds that flow back in the opposite direction. It represents the net value of overseas companies establishing, expanding, or financing businesses in the reporting country. A positive number means more capital entered the country than was withdrawn, while a negative number means foreign investors pulled out more than they invested.

Foreign direct investment (FDI, net outflows) shows how much capital residents of a country invest abroad after accounting for any funds that flow back in the opposite direction. It represents the net value of domestic companies establishing, expanding, or financing businesses in other countries. A positive number means more capital was invested abroad than withdrawn, while a negative number means residents pulled back more than they invested.

Principal and interest payments to the IMF in currency, goods, or services on long-term debt expressed as a share of GNI.

Formerly gross domestic investment, gross capital formation measures the share of a country’s economic output invested in fixed assets, including buildings, machinery, and infrastructure. It indicates how much of the economy is devoted to building productive capacity.