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Economy of Russia vs Senegal compared: GDP & Debt

Updated on by Georank

Russia has a GDP of $2.56T compared to $37B for Senegal, ranking 8/197 and 107/197 by economy size, respectively.

Russia has $440B in government debt (17.2% of GDP), compared to $48.2B (130.2% of GDP) in Senegal.

Russia vs Senegal GDP by year

Russia
Senegal
1x
Year GDP, current $
Russia Senegal
2025 $2,561,310,169,359 $37,006,536,238
2024 $2,186,462,268,813 $32,169,996,052
2023 $2,046,284,838,151 $30,696,331,296
2022 $2,292,495,097,681 $27,783,332,223
2021 $1,829,186,719,575 $27,520,784,130
2020 $1,493,075,894,362 $24,530,513,038
2019 $1,693,115,002,708 $23,403,995,992
2018 $1,657,328,773,461 $23,116,701,556
2017 $1,574,199,360,089 $20,965,069,573
2016 $1,276,786,350,881 $19,040,312,333
2015 $1,363,482,182,198 $17,774,766,696
2014 $2,059,241,589,895 $19,797,253,440
2013 $2,292,470,078,346 $18,918,667,725
2012 $2,208,293,553,878 $17,660,870,412
2011 $2,045,922,753,398 $17,814,283,639
2010 $1,524,916,715,224 $16,121,315,909
2009 $1,222,645,900,056 $16,145,867,495
2008 $1,660,848,058,303 $16,853,989,628
2007 $1,299,703,478,482 $13,994,218,413
2006 $989,932,071,353 $11,697,918,243
2005 $764,015,973,481 $11,009,033,438
2004 $591,016,690,732 $10,076,816,667
2003 $430,347,420,185 $8,768,721,563
2002 $345,470,494,418 $7,006,402,320
2001 $306,602,070,621 $6,507,824,829
2000 $259,710,142,197 $6,013,185,004
1999 $195,907,128,351 $6,592,834,933
1998 $270,955,486,862 $6,505,607,909
1997 $404,928,954,192 $6,041,478,726
1996 $391,724,890,744 $6,559,712,166
1995 $395,537,185,735 $6,326,342,633
1994 $395,077,301,248 $5,034,588,196
1993 $435,083,713,851 $7,367,986,241
1992 $460,290,556,901 $7,769,817,840
1991 $517,962,962,963 $7,255,210,470
1990 $517,014,446,228 $7,390,967,360
1989 $506,631,299,735 $6,366,039,373
1988 $554,828,660,436 $6,418,419,389
1987 - $6,487,353,103
1986 - $5,392,093,446
1985 - $3,818,944,918
1984 - $3,485,165,432
1983 - $3,569,356,125
1982 - $4,013,951,443
1981 - $4,095,892,781
1980 - $4,510,108,291
1979 - $4,084,877,823
1978 - $3,280,354,921
1977 - $2,938,046,463
1976 - $2,869,777,884
1975 - $2,830,388,405
1974 - $2,099,325,229
1973 - $1,863,398,590
1972 - $1,620,857,104
1971 - $1,339,549,033
1970 - $1,297,407,655
1969 - $1,245,234,931
1968 - $1,309,384,862
1967 - $1,246,480,766
1966 - $1,246,908,186
1965 - $1,210,058,228
1964 - $1,188,930,645
1963 - $1,122,139,862
1962 - $1,085,475,791
1961 - $1,058,975,257
1960 - $1,003,692,370

Data sources: World Bank | Economy & Growth (1960–2025, retrieved 2026-07-08).

GeoRank.org/economy/russia/senegal | CC BY

GDP per capita in Russia vs Senegal by year

Russia
GDP per capita

GDP per capita, PPP
Senegal
GDP per capita

GDP per capita, PPP
1x
Year Current $
Russia Senegal
GDP per capita GDP per capita, PPP GDP per capita GDP per capita, PPP
2025 $17,847 - $1,955 -
2024 $15,219 $47,362 $1,739 $5,071
2023 $14,227 $44,269 $1,698 $4,778
2022 $15,894 $40,939 $1,574 $4,530
2021 $12,637 $38,638 $1,598 $4,174
2020 $10,280 $31,491 $1,461 $3,753
2019 $11,640 $30,964 $1,431 $3,648
2018 $11,399 $28,629 $1,453 $3,380
2017 $10,835 $25,778 $1,355 $3,234
2016 $8,804 $24,012 $1,266 $3,101
2015 $9,427 $23,994 $1,218 $2,994
2014 $14,277 $25,688 $1,399 $2,854
2013 $15,941 $26,020 $1,380 $2,769
2012 $15,402 $24,274 $1,327 $2,764
2011 $14,305 $22,790 $1,375 $2,685
2010 $10,675 $20,490 $1,276 $2,663
2009 $8,563 $19,390 $1,309 $2,606
2008 $11,635 $20,164 $1,399 $2,581
2007 $9,101 $16,648 $1,189 $2,499
2006 $6,920 $14,912 $1,017 $2,422
2005 $5,323 $11,822 $980 $2,350
2004 $4,102 $10,227 $918 $2,236
2003 $2,975 $9,255 $818 $2,131
2002 $2,378 $8,037 $669 $2,027
2001 $2,100 $7,361 $637 $2,044
2000 $1,772 $6,825 $603 $1,963
1999 $1,331 $5,914 $678 $1,893
1998 $1,835 $5,465 $685 $1,798
1997 $2,738 $5,700 $651 $1,719
1996 $2,644 $5,518 $723 $1,679
1995 $2,666 $5,613 $715 $1,656
1994 $2,662 $5,734 $584 $1,578
1993 $2,931 $6,420 $878 $1,588
1992 $3,099 $6,862 $951 $1,573
1991 $3,490 $7,858 $913 $1,561
1990 $3,494 $8,028 $957 $1,513
1989 $3,430 - $849 -
1988 $3,778 - $880 -
1987 - - $916 -
1986 - - $784 -
1985 - - $571 -
1984 - - $536 -
1983 - - $564 -
1982 - - $652 -
1981 - - $683 -
1980 - - $772 -
1979 - - $716 -
1978 - - $589 -
1977 - - $540 -
1976 - - $541 -
1975 - - $547 -
1974 - - $417 -
1973 - - $381 -
1972 - - $342 -
1971 - - $291.1 -
1970 - - $290.5 -
1969 - - $287.3 -
1968 - - $311 -
1967 - - $305 -
1966 - - $315 -
1965 - - $314 -
1964 - - $318 -
1963 - - $309 -
1962 - - $307 -
1961 - - $308 -
1960 - - $300 -

Data sources: World Bank | Economy & Growth (1960–2025, retrieved 2026-07-08).

GeoRank.org/economy/russia/senegal | CC BY

Russia's GDP per capita is $17,847, ranking 68/197, compared to $1,955 in Senegal, ranking 160/197. Adjusted for purchasing power (GDP per capita PPP), Russia ranks 50th at $47,362, while Senegal ranks 158th at $5,071.

Economic indicators

Russia Senegal
Gross domestic product
$2.56T
2025
$37B
2025
GDP rank
8/197
2025
107/197
2025
GDP growth
1%
2024-2025
6.68%
2024-2025
GDP per capita
$17,847
2025
$1,955
2025
GDP per capita rank
68/197
2025
160/197
2025
GDP per capita, PPP
$47,362
2024
$5,071
2024
GDP per capita PPP rank
50/197
2024
158/197
2024
Government debt
$440B
2025
$48.2B
2025
Debt-to-GDP ratio
17.2%
2025
130.2%
2025
Government debt per person
$3,068
2025
$2,544
2025
Government debt per person rank
105/185
2025
112/185
2025
Average annual personal income after taxes
$11,183
2026
$1,979
2026
Market capitalization of domestic companies
$650B
2023
n/a
Number of millionaires
447,000
2026
n/a
Number of billionaires
147
2026
n/a
Income share by richest 10%
25.1%
2023
28.8%
2021
Income share by poorest 10%
3.1%
2023
3%
2021
Government expenditure, % of GDP
39.1%
2025
29.2%
2025
Consumer prices inflation
8.7%
2024-2025
1.46%
2024-2025
Central bank interest rate
14.5%
2026
n/a
Unemployment rate
2.13%
2025
5.78%
2024
Population
142643173
19596169

Spending and national debt comparison by year

Russia
Spending

Debt
Senegal
Spending

Debt
1x
Year % of GDP
Russia Senegal
Government spending Government debt Government spending Government debt
2025 39.1% 17.2% 29.2% 130.2%
2024 36.7% 14.8% 33.5% 132.4%
2023 36.1% 15.2% 35.5% 118.4%
2022 35.1% 15.1% 36.1% 104.7%
2021 34.9% 16.5% 33.7% 98.7%
2020 39.2% 19.2% 29.6% 90.1%
2019 33.8% 13.7% 34.3% 81.5%
2018 32.6% 13.6% 22.6% 61.5%
2017 34.8% 14.3% 22.5% 61.1%
2016 36.6% 14.8% 24% 47.5%
2015 35.3% 15.3% 22.9% 44.5%
2014 34.9% 15.1% 23.1% 42.4%
2013 34.7% 12.3% 22.1% 36.9%
2012 34% 11.2% 23% 34.5%
2011 33.3% 10.3% 23.3% 32.9%
2010 35.5% 10.1% 21.7% 34.6%
2009 38.6% 9.92% 21.1% 29.9%
2008 32% 7.45% 20.9% 19.1%
2007 31.9% 8.03% 22.2% 19%
2006 29% 9.8% 21.3% 17.5%
2005 29.5% 14.9% 18.7% 36.1%
2004 29.6% 20.8% 18.1% 38%
2003 32.6% 28.3% 17.1% 42.9%
2002 33.8% 37.6% 15.5% 52%
2001 31.5% 44.4% 15.7% 53.2%
2000 30.7% 55.9% 14% 57.5%
1999 34.3% 92.4% 14.6% 15%
1998 39.7% 135.2% 13.5% 18.8%
1997 - 51.5% 14.1% 67.8%
1996 - 51.9% 15.4% 0.07%
1995 - 53.7% 14.4% 65.3%
1994 - 63.5% 15.9% 77.3%
1993 - 92.4% - -
1992 - 116% - -

Data sources: International Monetary Fund (IMF) | Fiscal Monitor (1994–2025, retrieved 2026-07-08); International Monetary Fund (IMF) | Public Finances in Modern History (1992–1996, retrieved 2026-07-08).

GeoRank.org/economy/russia/senegal | CC BY

In 2025, Russia's government spending was $1T, accounting for 39.1% of its GDP, while Senegal spent $10.8B, or 29.2% of GDP.

Debt-to-GDP ratio is 17.2% in Russia and 130.2% in Senegal, ranking 175/185 and 10/185, respectively.

Government deficit by year

Deficit/surplus
Russia

Senegal
1x
Year Deficit/surplus, % of GDP
Russia Senegal
2025 -3.9% -7.9%
2024 -1.59% -13.4%
2023 -2.24% -14.8%
2022 -1.34% -16.1%
2021 0.78% -13.7%
2020 -3.99% -9.62%
2019 1.93% -13.9%
2018 2.92% -3.66%
2017 -1.47% -2.97%
2016 -3.67% -3.27%
2015 -3.39% -3.66%
2014 -1.07% -3.9%
2013 -1.16% -4.34%
2012 0.38% -4.18%
2011 1.43% -4.92%
2010 -3.19% -3.94%
2009 -5.89% -3.66%
2008 4.55% -3.53%
2007 5.59% -2.8%
2006 7.8% -3.67%
2005 7.6% -0.26%
2004 4.57% 0.18%
2003 1.35% -0.52%
2002 0.67% 0.19%
2001 2.99% -1.44%
2000 3.11% 0.78%
1999 -3.59% -0.62%
1998 -7.42% 0.93%
1997 - 0.98%
1996 - 0.92%
1995 - 2.41%
1994 - 5.9%
1993 - -
1992 - -
1991 - -
1990 - -
1989 - -
1988 - -
1987 - -
1986 - -
1985 - -
1984 - -
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 (1994–2025, retrieved 2026-07-08); International Monetary Fund (IMF) | Public Finances in Modern History (1885–1940, retrieved 2026-07-08).

GeoRank.org/economy/russia/senegal | CC BY

In 2025, Russia's government deficit, the difference between spending and revenue, was $100B, equivalent to 3.9% of GDP. This compares to Senegal's deficit of $2.92B, or 7.9% of GDP.

Over the past 28 years, Russia recorded a fiscal deficit in 14 of those years, while Senegal ran a deficit in 24 years. On average, Russia posted an annual surplus equal to 0.06% of GDP, compared to deficit of 4.95% of GDP for Senegal.

Inflation comparison by year

Inflation
Russia

Senegal
1x
Year Consumer prices inflation
Russia Senegal
2025 8.7% 1.46%
2024 8.4% 0.8%
2023 5.9% 5.94%
2022 13.7% 9.7%
2021 6.7% 2.18%
2020 3.4% 2.54%
2019 4.5% 1.76%
2018 2.9% 0.46%
2017 3.7% 1.32%
2016 7% 0.84%
2015 15.5% 0.14%
2014 7.8% -1.09%
2013 6.8% 0.71%
2012 5.1% 1.42%
2011 8.4% 3.4%
2010 6.8% 1.23%
2009 11.6% -2.25%
2008 14.1% 7.35%
2007 9% 5.85%
2006 9.7% 2.11%
2005 12.7% 1.71%
2004 10.9% 0.51%
2003 13.7% -0.05%
2002 15.8% 2.34%
2001 21.5% 2.97%
2000 20.8% 0.73%
1999 85.7% 0.83%
1998 27.7% 1.16%
1997 14.8% 1.75%

Data sources: International Monetary Fund (IMF) | World Economic Outlook (1997–2025, retrieved 2026-07-08); World Bank | Economy & Growth (1997–2025, retrieved 2026-07-08).

GeoRank.org/economy/russia/senegal | CC BY

Over the past 29 years, Russia has recorded an average annual inflation rate of 13.2%, compared with 1.99% in Senegal. In 2025, inflation was 8.7% in Russia and 1.46% in Senegal.

Top exports between countries

Russia
Export category Export value
Raw materials & minerals $1.06B
Raw agricultural goods $96.8M
Metals $38.2M
Wood & paper products $16.2M
Processed food, beverages & tobacco $3.42M
Machinery & equipment $3.38M
Chemicals & pharma $702K
Miscellaneous $383K
Transport & tourism services $124K
Business & finance services $119K
Senegal
Export category Export value
Raw agricultural goods $155K
Wood & paper products $63K
Machinery & equipment $7K
Chemicals & pharma $6K
Precious metals & jewellery $2K
Raw materials & minerals $2K

Balance of trade

Russia Senegal
Current account balance
$43.1B
2025
-$6.07B
2023
Current account balance ranking
14/190
2025
168/190
2023
Current account balance, % of GDP
+1.68%
2025
-19.8%
2023
Goods imports
$305B
2025
$10.8B
2023
Goods exports
$422B
2025
$5.52B
2023
Service imports
$94.8B
2025
$4.08B
2023
Service exports
$46.3B
2025
$1.48B
2023
Imports of goods and services, % of GDP
15.5%
2025
38.6%
2025
Exports of goods and services, % of GDP
18.2%
2025
32.5%
2025

Economic freedom indices

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

Russia Senegal
Economic freedom 50.3 53.2
Economic freedom ranking 161/197 140/197
Property rights 18.6 57.4
Government integrity 22.8 47.3
Judicial effectiveness 22.8 50.5
Tax burden 81.9 68.8
Government spending 61.3 63.1
Fiscal health 94.4 0
Business freedom 51.4 55.2
Labor freedom 59.1 54.4
Monetary freedom 61.8 74.3
Trade freedom 69.4 67
Investment freedom 30 60
Financial freedom 30 40

Economic freedom comparison by year

Russia
Senegal
1x
Year Economic freedom index
Russia Senegal
2026 50.3 53.2
2025 51.6 56.4
2024 52 55.4
2023 53.8 57.7
2022 56.1 60
2021 61.5 58
2020 61 58
2019 58.9 56.3
2018 58.2 55.7
2017 57.1 55.9
2016 50.6 58.1
2015 52.1 57.8
2014 51.9 55.4
2013 51.1 55.5
2012 50.5 55.4
2011 50.5 55.7
2010 50.3 54.6
2009 50.8 56.3
2008 49.8 58.3
2007 52.2 58.1
2006 52.4 56.2
2005 51.3 57.9
2004 52.8 58.9
2003 50.8 58.1
2002 48.7 58.6
2001 49.8 58.7
2000 51.8 58.9
1999 54.5 60.6
1998 52.8 59.7
1997 48.6 58.1
1996 51.6 58.2
1995 51.1 -

Data sources: The Heritage Foundation | Economic Freedom Index (1995–2026, retrieved 2026-07-08).

GeoRank.org/economy/russia/senegal | CC BY

The Economic Freedom Index for Russia is 50.3, ranking 161/197, compared to 53.2 for Senegal, ranking 140/197. The chart above displays a comparison of annual changes in economic freedom indexes.

Other economic metrics

Russia Senegal
Services, % of GDP
58.9%
2025
46.3%
2025
Industry, % of GDP
29.7%
2025
26.1%
2025
Agriculture, forestry, and fishing, % of GDP
3.06%
2025
17.1%
2025
GNI, Atlas method
$2.33T
2025
$33.6B
2025
GNI per capita, PPP
$49,220
2025
$5,100
2025
Total reserves including gold
$608B
2024
n/a
Total reserves ranking
6/177
2024
n/a
Net foreign direct investment
-$12.4B
2025
-$4.72B
2023
Net inflows of foreign direct investment
-$9.35B
2024
$2.02B
2024
Net outflows of foreign direct investment
-$170M
2024
$48.1M
2024
Servicing debt to the IMF, % of GNI
2.63%
2024
11.3%
2024
Poverty at national poverty lines
7.2%
2024
37.5%
2021
Gross capital formation, % of GDP
25.9%
2025
26.9%
2025

GDP per capita map

1x

Data sources: World Bank | Economy & Growth (1985–2025, retrieved 2026-07-08); U.S. Census Bureau (1985–2025, retrieved 2026-07-08).

GeoRank.org/economy/russia/senegal | CC BY

Compare countries by 7 more topics

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Data sources:

  1. World Bank | Economy & Growth (1960–2025, retrieved 2026-07-08)
  2. International Monetary Fund (IMF) | Fiscal Monitor (1994–2025, retrieved 2026-07-08)
  3. International Monetary Fund (IMF) | Public Finances in Modern History (1885–1996, retrieved 2026-07-08)
  4. The Heritage Foundation | Economic Freedom Index (1995–2026, retrieved 2026-07-08)
  5. U.S. Census Bureau (1985–2025, retrieved 2026-07-08)
  6. TradeMap (2021–2023, retrieved 2026-07-08)
  7. United Nations | World Population Prospects (2026, retrieved 2026-07-08)
  8. LivingCost (2026, retrieved 2026-07-08)

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.