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Economy of Russia vs Tajikistan compared: GDP & Debt

Updated on by Georank team

Russia has a GDP of $2.17T compared to $14.2B for Tajikistan, ranking 11/197 and 145/197 by economy size, respectively.

Russia has $440B in government debt (20.3% of GDP), compared to $3.54B (24.9% of GDP) in Tajikistan.

Russia vs Tajikistan GDP by year

Russia
Tajikistan
1x
Year GDP, current $
Russia Tajikistan
2024 $2,173,835,806,672 $14,204,575,549
2023 $2,071,505,725,031 $12,244,169,293
2022 $2,291,612,121,335 $10,713,525,200
2021 $1,829,186,719,575 $8,937,805,347
2020 $1,493,075,894,362 $8,133,963,551
2019 $1,693,115,002,708 $8,300,813,599
2018 $1,657,328,773,461 $7,764,999,999
2017 $1,574,199,360,089 $7,536,402,853
2016 $1,276,786,350,881 $6,992,416,097
2015 $1,363,482,182,198 $8,271,431,485
2014 $2,059,241,589,895 $9,112,605,459
2013 $2,292,470,078,346 $8,448,411,318
2012 $2,208,293,553,878 $7,633,036,903
2011 $2,045,922,753,398 $6,522,756,255
2010 $1,524,916,715,224 $5,642,221,099
2009 $1,222,645,900,056 $4,979,472,364
2008 $1,660,848,058,303 $5,161,299,725
2007 $1,299,703,478,482 $3,719,524,541
2006 $989,932,071,353 $2,830,213,849
2005 $764,015,973,481 $2,312,352,021
2004 $591,016,690,732 $2,076,176,869
2003 $430,347,420,185 $1,555,318,261
2002 $345,470,494,418 $1,221,106,220
2001 $306,602,070,621 $1,080,772,551
2000 $259,710,142,197 $860,541,842
1999 $195,907,128,351 $1,086,612,290
1998 $270,955,486,862 $1,320,199,582
1997 $404,928,954,192 $921,518,033
1996 $391,724,890,744 $1,043,654,822
1995 $395,537,185,735 $1,231,561,860
1994 $395,077,301,248 $1,522,001,206
1993 $435,083,713,851 $1,646,623,195
1992 $460,290,556,901 $1,908,554,572
1991 $517,962,962,963 $2,536,585,366
1990 $517,014,446,228 $2,629,395,066
1989 $506,631,299,735 -
1988 $554,828,660,436 -

Data sources: World Bank | Economy & Growth (1988–2024, retrieved 2026-04-06).

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

GDP per capita in Russia vs Tajikistan by year

Russia
GDP per capita

GDP per capita, PPP
Tajikistan
GDP per capita

GDP per capita, PPP
1x
Year Current $
Russia Tajikistan
GDP per capita GDP per capita, PPP GDP per capita GDP per capita, PPP
2024 $15,145 $47,405 $1,341 $5,406
2023 $14,403 $44,269 $1,178 $4,964
2022 $15,888 $40,939 $1,052 $4,514
2021 $12,637 $38,638 $897 $3,986
2020 $10,280 $31,491 $834 $3,654
2019 $11,640 $30,964 $871 $3,460
2018 $11,399 $28,629 $834 $3,069
2017 $10,835 $25,778 $829 $3,017
2016 $8,804 $24,012 $789 $2,914
2015 $9,427 $23,994 $957 $2,975
2014 $14,277 $25,688 $1,082 $3,152
2013 $15,941 $26,020 $1,028 $2,919
2012 $15,402 $24,274 $952 $2,679
2011 $14,305 $22,790 $834 $2,456
2010 $10,675 $20,490 $737 $2,291
2009 $8,563 $19,390 $665 $2,171
2008 $11,635 $20,164 $703 $2,120
2007 $9,101 $16,648 $517 $1,966
2006 $6,920 $14,912 $401 $1,810
2005 $5,323 $11,822 $334 $1,673
2004 $4,102 $10,227 $306 $1,550
2003 $2,975 $9,255 $233.6 $1,396
2002 $2,378 $8,037 $187 $1,257
2001 $2,100 $7,361 $168.7 $1,139
2000 $1,772 $6,825 $136.9 $1,036
1999 $1,331 $5,914 $175 $947
1998 $1,835 $5,465 $213.7 $905
1997 $2,738 $5,700 $150.1 $855
1996 $2,644 $5,518 $172 $836
1995 $2,666 $5,613 $207 $1,006
1994 $2,662 $5,734 $261.3 $1,148
1993 $2,931 $6,420 $287.6 $1,454
1992 $3,099 $6,862 $338 $1,721
1991 $3,490 $7,858 $458 $2,417
1990 $3,494 $8,028 $487 $2,583
1989 $3,430 - - -
1988 $3,778 - - -

Data sources: World Bank | Economy & Growth (1988–2024, retrieved 2026-04-06).

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

Russia's GDP per capita is $15,145, ranking 68/197, compared to $1,341 in Tajikistan, ranking 166/197. Adjusted for purchasing power (GDP per capita PPP), Russia ranks 50th at $47,405, while Tajikistan ranks 157th at $5,406.

Economic indicators

Russia Tajikistan
Gross domestic product
$2.17T
2024
$14.2B
2024
GDP rank
11/197
2024
145/197
2024
GDP growth
4.34%
2023-2024
8.4%
2023-2024
GDP per capita
$15,145
2024
$1,341
2024
GDP per capita rank
68/197
2024
166/197
2024
GDP per capita, PPP
$47,405
2024
$5,406
2024
GDP per capita PPP rank
50/197
2024
157/197
2024
Government debt
$440B
2024
$3.54B
2024
Debt-to-GDP ratio
20.3%
2024
24.9%
2024
Government debt per person
$3,067
2024
$335
2024
Government debt per person rank
98/185
2024
175/185
2024
Average annual personal income after taxes
$10,464
2026
$2,591
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
28.2%
2024
Income share by poorest 10%
3.1%
2023
2.9%
2024
Government expenditure, % of GDP
36.9%
2024
27.7%
2024
Consumer prices inflation
8.4%
2023-2024
3.5%
2023-2024
Central bank interest rate
16%
2025
7.75%
2025
Unemployment rate
2.43%
2024
0.08%
2016
Population
141906741
11038274

Spending and national debt comparison by year

Russia
Spending

Debt
Tajikistan
Spending

Debt
1x
Year % of GDP
Russia Tajikistan
Government spending Government debt Government spending Government debt
2024 36.9% 20.3% 27.7% 24.9%
2023 35.7% 19.5% 28% 29.9%
2022 35.2% 18.5% 27.4% 31.8%
2021 34.9% 16.5% 27.6% 42%
2020 39.2% 19.2% 29.2% 50.9%
2019 33.8% 13.7% 28.8% 43.2%
2018 32.6% 13.6% 30.9% 46.3%
2017 34.8% 14.3% 33.8% 46.3%
2016 36.6% 14.8% 32.7% 42.2%
2015 35.3% 15.3% 31.9% 35%
2014 34.9% 15.1% 27.5% 27.9%
2013 34.7% 12.3% 27.7% 29.3%
2012 34% 11.2% 24.7% 32.5%
2011 33.3% 10.3% 24.3% 35.5%
2010 35.5% 10.1% 25.9% 36.8%
2009 38.6% 9.92% 23.6% 36.9%
2008 32% 7.45% 20.2% 30.2%
2007 31.9% 8.03% 20.3% 34.3%
2006 29% 9.8% 21.6% 36.8%
2005 29.5% 14.9% 22.9% 45.8%
2004 29.6% 20.8% 20.2% 49.4%
2003 32.6% 28.3% 19.1% 69.8%
2002 33.8% 37.6% 19.1% 98.3%
2001 31.5% 44.4% 17.3% 99.4%
2000 30.7% 55.9% 18.1% 111.4%
1999 34.3% 92.4% 17.5% 107.8%
1998 39.7% 135.2% 17.1% 96.6%
1997 - 51.5% - -
1996 - 51.9% - -
1995 - 53.7% - -
1994 - 63.5% - -
1993 - 92.4% - -
1992 - 116% - -

Data sources: International Monetary Fund (IMF) | Fiscal Monitor (1997–2024, retrieved 2026-02-20); International Monetary Fund (IMF) | Public Finances in Modern History (1992–1996, retrieved 2026-02-20).

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

In 2024, Russia's government spending was $802B, accounting for 36.9% of its GDP, while Tajikistan spent $3.93B, or 27.7% of GDP.

Debt-to-GDP ratio is 20.3% in Russia and 24.9% in Tajikistan, ranking 175/185 and 166/185, respectively.

Government deficit by year

Deficit/surplus
Russia

Tajikistan
1x
Year Deficit/surplus, % of GDP
Russia Tajikistan
2024 -1.6% 0.28%
2023 -2.22% -0.93%
2022 -1.34% -0.23%
2021 0.78% -0.64%
2020 -3.99% -4.34%
2019 1.93% -2.04%
2018 2.92% -2.69%
2017 -1.47% -5.65%
2016 -3.67% -2.91%
2015 -3.39% -1.96%
2014 -1.07% 0.92%
2013 -1.16% -0.73%
2012 0.38% 0.41%
2011 1.43% 0.6%
2010 -3.19% -2.71%
2009 -5.89% -0.2%
2008 4.55% 1.94%
2007 5.59% 2.13%
2006 7.8% 2%
2005 7.6% -2.83%
2004 4.57% -2.32%
2003 1.35% -1.74%
2002 0.67% -2.4%
2001 2.99% -2.11%
2000 3.11% -4.51%
1999 -3.59% -4.03%
1998 -7.42% -5.09%
1997 - -
1996 - -
1995 - -
1994 - -
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 (1998–2024, retrieved 2026-02-20); International Monetary Fund (IMF) | Public Finances in Modern History (1885–1940, retrieved 2026-02-20).

GeoRank.org/economy/russia/tajikistan | 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 Tajikistan's surplus of $39.2M, or 0.28% of GDP.

Over the past 27 years, Russia recorded a fiscal deficit in 13 of those years, while Tajikistan ran a deficit in 20 years. On average, Russia posted an annual surplus equal to 0.21% of GDP, compared to deficit of 1.55% of GDP for Tajikistan.

Inflation comparison by year

Inflation
Russia

Tajikistan
1x
Year Consumer prices inflation
Russia Tajikistan
2024 8.4% 3.5%
2023 5.9% 3.7%
2022 13.7% 6.6%
2021 6.7% 9%
2020 3.4% 8.6%
2019 4.5% 7.8%
2018 2.9% 3.8%
2017 3.7% 7.3%
2016 7% 5.9%
2015 15.5% 5.8%
2014 7.8% 6.1%
2013 6.8% 5%
2012 5.1% 5.8%
2011 8.4% 12.4%
2010 6.8% 6.5%
2009 11.6% 6.4%
2008 14.1% 20.4%
2007 9% 13.2%
2006 9.7% 10%
2005 12.7% 7.3%
2004 10.9% 7.2%
2003 13.7% 16.4%
2002 15.8% 12.2%
2001 21.5% 38.6%
2000 20.8% 32.9%
1999 85.7% 27.5%
1998 27.7% 43.2%
1997 14.8% 88%

Data sources: International Monetary Fund (IMF) | World Economic Outlook (1997–2024, retrieved 2026-02-20).

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

Over the past 28 years, Russia has recorded an average annual inflation rate of 13.4%, compared with 15% in Tajikistan. In 2024, inflation was 8.4% in Russia and 3.5% in Tajikistan.

Top exports between countries

Russia
Export category Export value
Transport & tourism services $498M
Raw materials & minerals $371M
Processed food, beverages & tobacco $215M
Wood & paper products $143M
Metals $112M
Miscellaneous $86.7M
Chemicals & pharma $76.8M
Machinery & equipment $65.7M
Business & finance services $23.1M
IT & IP services $19.6M
Tajikistan
Export category Export value
Textiles & consumer goods $52.4M
Machinery & equipment $39.8M
Raw agricultural goods $17M
Metals $12.8M
Chemicals & pharma $10.2M
Animal & marine products $3.04M
Wood & paper products $2.05M
Raw materials & minerals $2.02M
Processed food, beverages & tobacco $197K
Weapons & explosives $11K

Balance of trade

Russia Tajikistan
Current account balance
$63.4B
2024
$887M
2024
Current account balance ranking
12/190
2024
54/190
2024
Current account balance, % of GDP
+2.91%
2024
+6.24%
2024
Goods imports
$302B
2024
$5.94B
2024
Goods exports
$434B
2024
$1.42B
2024
Service imports
$81.5B
2024
$971M
2024
Service exports
$43.1B
2024
$195M
2024
Imports of goods and services, % of GDP
17.6%
2024
48.4%
2023
Exports of goods and services, % of GDP
21.9%
2024
17.2%
2023

Economic freedom indices

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

Russia Tajikistan
Economic freedom 50.3 52.5
Economic freedom ranking 161/197 147/197
Property rights 18.6 28.4
Government integrity 22.8 18.5
Judicial effectiveness 22.8 10.1
Tax burden 81.9 94.2
Government spending 61.3 77
Fiscal health 94.4 98.6
Business freedom 51.4 60.6
Labor freedom 59.1 43.4
Monetary freedom 61.8 72.6
Trade freedom 69.4 72.2
Investment freedom 30 25
Financial freedom 30 30

Economic freedom comparison by year

Russia
Tajikistan
1x
Year Economic freedom index
Russia Tajikistan
2026 50.3 52.5
2025 51.6 51.5
2024 52 51.3
2023 53.8 50.6
2022 56.1 49.7
2021 61.5 55.2
2020 61 52.2
2019 58.9 55.6
2018 58.2 58.3
2017 57.1 58.2
2016 50.6 51.3
2015 52.1 52.7
2014 51.9 52
2013 51.1 53.4
2012 50.5 53.4
2011 50.5 53.5
2010 50.3 53
2009 50.8 54.6
2008 49.8 54.4
2007 52.2 53.6
2006 52.4 52.6
2005 51.3 50.4
2004 52.8 48.7
2003 50.8 46.5
2002 48.7 47.3
2001 49.8 46.8
2000 51.8 44.8
1999 54.5 41.2
1998 52.8 41.1
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/tajikistan | CC BY

The Economic Freedom Index for Russia is 50.3, ranking 161/197, compared to 52.5 for Tajikistan, ranking 147/197. The chart above displays a comparison of annual changes in economic freedom indexes.

Other economic metrics

Russia Tajikistan
Services, % of GDP
57.5%
2024
34.7%
2023
Industry, % of GDP
30.7%
2024
33.6%
2023
Agriculture, forestry, and fishing, % of GDP
2.74%
2024
22.9%
2023
GNI, Atlas method
$2.24T
2024
$17.5B
2024
GNI per capita, PPP
$46,780
2024
$7,100
2024
Total reserves including gold
$597B
2023
$3.3B
2023
Total reserves ranking
6/177
2023
117/177
2023
Net foreign direct investment
$9.37B
2024
-$190M
2024
Net inflows of foreign direct investment
-$9.35B
2024
$291M
2024
Net outflows of foreign direct investment
-$170M
2024
$101M
2024
Servicing debt to the IMF, % of GNI
2.65%
2024
3.07%
2024
Poverty at national poverty lines
12.1%
2020
19.8%
2024
Gross capital formation, % of GDP
26.3%
2024
31.7%
2023

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/tajikistan | CC BY

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Data sources:

  1. World Bank | Economy & Growth (1985–2024, retrieved 2026-04-06)
  2. International Monetary Fund (IMF) | Fiscal Monitor (1997–2024, 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 (2021–2023, 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.