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Economy of Russia vs Tanzania compared: GDP & Debt

Updated on by Georank

Russia has a GDP of $2.56T compared to $90.1B for Tanzania, ranking 8/197 and 83/197 by economy size, respectively.

Russia has $440B in government debt (17.2% of GDP), compared to $44.8B (49.7% of GDP) in Tanzania.

Russia vs Tanzania GDP by year

Russia
Tanzania
1x
Year GDP, current $
Russia Tanzania
2025 $2,561,310,169,359 $90,143,496,090
2024 $2,186,462,268,813 $79,235,713,445
2023 $2,046,284,838,151 $79,030,935,638
2022 $2,292,495,097,681 $75,749,121,847
2021 $1,829,186,719,575 $70,655,628,148
2020 $1,493,075,894,362 $66,068,737,786
2019 $1,693,115,002,708 $61,026,731,926
2018 $1,657,328,773,461 $57,003,712,892
2017 $1,574,199,360,089 $53,274,884,533
2016 $1,276,786,350,881 $49,774,409,374
2015 $1,363,482,182,198 $47,413,919,817
2014 $2,059,241,589,895 $49,986,726,461
2013 $2,292,470,078,346 $45,648,857,242
2012 $2,208,293,553,878 $39,650,394,363
2011 $2,045,922,753,398 $34,657,140,096
2010 $1,524,916,715,224 $32,012,892,919
2009 $1,222,645,900,056 $29,400,573,554
2008 $1,660,848,058,303 $27,947,821,398
2007 $1,299,703,478,482 $21,860,434,823
2006 $989,932,071,353 $18,619,859,795
2005 $764,015,973,481 $18,395,383,647
2004 $591,016,690,732 $16,673,062,473
2003 $430,347,420,185 $15,211,487,709
2002 $345,470,494,418 $14,129,651,896
2001 $306,602,070,621 $13,563,990,022
2000 $259,710,142,197 $13,371,767,082
1999 $195,907,128,351 $12,704,334,196
1998 $270,955,486,862 $12,172,790,056
1997 $404,928,954,192 $11,158,197,942
1996 $391,724,890,744 $9,433,528,150
1995 $395,537,185,735 $7,631,431,840
1994 $395,077,301,248 $6,550,480,484
1993 $435,083,713,851 $6,182,872,708
1992 $460,290,556,901 $6,681,997,469
1991 $517,962,962,963 $7,197,768,159
1990 $517,014,446,228 $6,184,384,225
1989 $506,631,299,735 $6,418,799,007
1988 $554,828,660,436 $7,406,614,407
1987 - $7,824,193,222
1986 - $10,840,864,521
1985 - $15,328,295,175
1984 - $12,906,635,133
1983 - $14,049,883,809
1982 - $13,927,383,240
1981 - $13,161,540,378
1980 - $11,409,228,087
1979 - $9,804,637,491
1978 - $9,261,675,710
1977 - $7,732,598,995
1976 - $6,472,511,988
1975 - $5,729,917,840
1974 - $4,977,337,978
1973 - $4,144,104,535
1972 - $3,472,787,266
1971 - $3,050,673,517
1970 - $2,851,419,386
1969 - $5,142,066,811
1968 - $4,895,251,824
1967 - $4,565,132,048
1966 - $4,377,998,825
1965 - $3,817,226,546
1964 - $3,748,840,925
1963 - $3,456,579,293
1962 - $3,101,589,993
1961 - $2,826,179,031
1960 - $2,651,729,807

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

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

GDP per capita in Russia vs Tanzania by year

Russia
GDP per capita

GDP per capita, PPP
Tanzania
GDP per capita

GDP per capita, PPP
1x
Year Current $
Russia Tanzania
GDP per capita GDP per capita, PPP GDP per capita GDP per capita, PPP
2025 $17,847 - $1,278 -
2024 $15,219 $47,362 $1,156 $4,221
2023 $14,227 $44,269 $1,186 $4,019
2022 $15,894 $40,939 $1,171 $3,800
2021 $12,637 $38,638 $1,125 $3,493
2020 $10,280 $31,491 $1,084 $3,291
2019 $11,640 $30,964 $1,031 $2,982
2018 $11,399 $28,629 $992 $2,728
2017 $10,835 $25,778 $957 $2,472
2016 $8,804 $24,012 $925 $2,435
2015 $9,427 $23,994 $911 $2,317
2014 $14,277 $25,688 $993 $2,221
2013 $15,941 $26,020 $935 $2,176
2012 $15,402 $24,274 $837 $2,083
2011 $14,305 $22,790 $753 $2,211
2010 $10,675 $20,490 $715 $2,069
2009 $8,563 $19,390 $674 $1,972
2008 $11,635 $20,164 $657 $1,908
2007 $9,101 $16,648 $528 $1,820
2006 $6,920 $14,912 $462 $1,707
2005 $5,323 $11,822 $469 $1,598
2004 $4,102 $10,227 $438 $1,482
2003 $2,975 $9,255 $410 $1,379
2002 $2,378 $8,037 $391 $1,302
2001 $2,100 $7,361 $385 $1,229
2000 $1,772 $6,825 $390 $1,164
1999 $1,331 $5,914 $382 $1,120
1998 $1,835 $5,465 $375 $1,082
1997 $2,738 $5,700 $353 $1,059
1996 $2,644 $5,518 $305 $1,026
1995 $2,666 $5,613 $251.2 $981
1994 $2,662 $5,734 $222.5 $958
1993 $2,931 $6,420 $218.2 $959
1992 $3,099 $6,862 $243.4 $955
1991 $3,490 $7,858 $268.8 $952
1990 $3,494 $8,028 $236.9 $925
1989 $3,430 - $252.3 -
1988 $3,778 - $299 -
1987 - - $326 -
1986 - - $466 -
1985 - - $681 -
1984 - - $593 -
1983 - - $667 -
1982 - - $683 -
1981 - - $665 -
1980 - - $595 -
1979 - - $527 -
1978 - - $515 -
1977 - - $446 -
1976 - - $387 -
1975 - - $355 -
1974 - - $320 -
1973 - - $276.1 -
1972 - - $239.8 -
1971 - - $218.4 -
1970 - - $211.3 -
1969 - - $394 -
1968 - - $388 -
1967 - - $374 -
1966 - - $370 -
1965 - - $333 -
1964 - - $337 -
1963 - - $320 -
1962 - - $295.7 -
1961 - - $277.4 -
1960 - - $267.8 -

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

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

Russia's GDP per capita is $17,847, ranking 68/197, compared to $1,278 in Tanzania, ranking 171/197. Adjusted for purchasing power (GDP per capita PPP), Russia ranks 50th at $47,362, while Tanzania ranks 165th at $4,221.

Economic indicators

Russia Tanzania
Gross domestic product
$2.56T
2025
$90.1B
2025
GDP rank
8/197
2025
83/197
2025
GDP growth
1%
2024-2025
5.85%
2024-2025
GDP per capita
$17,847
2025
$1,278
2025
GDP per capita rank
68/197
2025
171/197
2025
GDP per capita, PPP
$47,362
2024
$4,221
2024
GDP per capita PPP rank
50/197
2024
165/197
2024
Government debt
$440B
2025
$44.8B
2025
Debt-to-GDP ratio
17.2%
2025
49.7%
2025
Government debt per person
$3,068
2025
$635
2025
Government debt per person rank
105/185
2025
159/185
2025
Average annual personal income after taxes
$11,183
2026
$1,203
2026
Market capitalization of domestic companies
$650B
2023
$9.78B
2025
Number of millionaires
447,000
2026
n/a
Number of billionaires
147
2026
1
2026
Income share by richest 10%
25.1%
2023
33.1%
2018
Income share by poorest 10%
3.1%
2023
2.9%
2018
Government expenditure, % of GDP
39.1%
2025
19.9%
2025
Consumer prices inflation
8.7%
2024-2025
3.33%
2024-2025
Central bank interest rate
14.5%
2026
5.75%
2025
Unemployment rate
2.13%
2025
2.43%
2024
Population
142643173
73639263

Spending and national debt comparison by year

Russia
Spending

Debt
Tanzania
Spending

Debt
1x
Year % of GDP
Russia Tanzania
Government spending Government debt Government spending Government debt
2025 39.1% 17.2% 19.9% 49.7%
2024 36.7% 14.8% 19.1% 49.9%
2023 36.1% 15.2% 19% 47.8%
2022 35.1% 15.1% 19.1% 44.9%
2021 34.9% 16.5% 18.4% 43.4%
2020 39.2% 19.2% 17.4% 41.3%
2019 33.8% 13.7% 17.3% 40.4%
2018 32.6% 13.6% 17.3% 42%
2017 34.8% 14.3% 16.4% 40.1%
2016 36.6% 14.8% 16.9% 39.8%
2015 35.3% 15.3% 17.2% 39.5%
2014 34.9% 15.1% 17.3% 36.4%
2013 34.7% 12.3% 18.8% 32.7%
2012 34% 11.2% 19.6% 30%
2011 33.3% 10.3% 19% 28.4%
2010 35.5% 10.1% 19.8% 27.6%
2009 38.6% 9.92% 19.6% 23.9%
2008 32% 7.45% 18.1% 21.6%
2007 31.9% 8.03% 17.8% 23.8%
2006 29% 9.8% 17.6% 17.4%
2005 29.5% 14.9% 18.3% 25.4%
2004 29.6% 20.8% 17% 44.5%
2003 32.6% 28.3% 15.4% 44.4%
2002 33.8% 37.6% 13.6% 47.4%
2001 31.5% 44.4% 12.4% 50.8%
2000 30.7% 55.9% 12.3% 55.4%
1999 34.3% 92.4% 12.8% 62.9%
1998 39.7% 135.2% 11.4% 62.2%
1997 - 51.5% 12.8% 73.4%
1996 - 51.9% 13.4% 89.6%
1995 - 53.7% 15.6% 111.1%
1994 - 63.5% 16.8% 126%
1993 - 92.4% 16.4% 129.2%
1992 - 116% 17.6% 117.6%
1991 - - 14.2% 106.5%

Data sources: International Monetary Fund (IMF) | Fiscal Monitor (1991–2025, retrieved 2026-07-08); International Monetary Fund (IMF) | Public Finances in Modern History (1991–2000, retrieved 2026-07-08).

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

In 2025, Russia's government spending was $1T, accounting for 39.1% of its GDP, while Tanzania spent $18B, or 19.9% of GDP.

Debt-to-GDP ratio is 17.2% in Russia and 49.7% in Tanzania, ranking 175/185 and 105/185, respectively.

Government deficit by year

Deficit/surplus
Russia

Tanzania
1x
Year Deficit/surplus, % of GDP
Russia Tanzania
2025 -3.9% -3.04%
2024 -1.59% -3.03%
2023 -2.24% -3.67%
2022 -1.34% -3.92%
2021 0.78% -3.55%
2020 -3.99% -2.56%
2019 1.93% -2.06%
2018 2.92% -2.01%
2017 -1.47% -1.14%
2016 -3.67% -2.08%
2015 -3.39% -3.17%
2014 -1.07% -2.91%
2013 -1.16% -3.76%
2012 0.38% -4%
2011 1.43% -3.51%
2010 -3.19% -4.74%
2009 -5.89% -4.46%
2008 4.55% -1.92%
2007 5.59% -1.44%
2006 7.8% -3.38%
2005 7.6% -3.28%
2004 4.57% -2.43%
2003 1.35% -1.77%
2002 0.67% -0.73%
2001 2.99% -0.41%
2000 3.11% -0.73%
1999 -3.59% -1.14%
1998 -7.42% 0.13%
1997 - -0.03%
1996 - 1.57%
1995 - -2.12%
1994 - -3.74%
1993 - -2.02%
1992 - -4.96%
1991 - 0.6%
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 (1991–2025, retrieved 2026-07-08); International Monetary Fund (IMF) | Public Finances in Modern History (1885–1940, retrieved 2026-07-08).

GeoRank.org/economy/russia/tanzania | 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 Tanzania's deficit of $2.74B, or 3.04% of GDP.

Over the past 28 years, Russia recorded a fiscal deficit in 14 of those years, while Tanzania ran a deficit in 27 years. On average, Russia posted an annual surplus equal to 0.06% of GDP, compared to deficit of 2.53% of GDP for Tanzania.

Inflation comparison by year

Inflation
Russia

Tanzania
1x
Year Consumer prices inflation
Russia Tanzania
2025 8.7% 3.33%
2024 8.4% 3.06%
2023 5.9% 3.8%
2022 13.7% 4.35%
2021 6.7% 3.69%
2020 3.4% 3.29%
2019 4.5% 3.46%
2018 2.9% 3.49%
2017 3.7% 5.32%
2016 7% 5.17%
2015 15.5% 5.59%
2014 7.8% 6.13%
2013 6.8% 7.87%
2012 5.1% 16%
2011 8.4% 12.7%
2010 6.8% 6.2%
2009 11.6% 12.1%
2008 14.1% 10.3%
2007 9% 7.03%
2006 9.7% 7.25%
2005 12.7% 5.03%
2004 10.9% 4.74%
2003 13.7% 5.3%
2002 15.8% 5.32%
2001 21.5% 5.15%
2000 20.8% 5.92%
1999 85.7% 7.89%
1998 27.7% 12.8%
1997 14.8% 16.1%

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/tanzania | CC BY

Over the past 29 years, Russia has recorded an average annual inflation rate of 13.2%, compared with 6.84% in Tanzania. In 2025, inflation was 8.7% in Russia and 3.33% in Tanzania.

Top exports between countries

Russia
Export category Export value
Raw agricultural goods $101M
Raw materials & minerals $38.7M
Miscellaneous $6.39M
Wood & paper products $3.94M
Metals $3.07M
Processed food, beverages & tobacco $2.94M
Machinery & equipment $1.5M
Chemicals & pharma $675K
Business & finance services $195K
Manufacturing & construction services $100K
Tanzania
Export category Export value
Processed food, beverages & tobacco $5.71M
Raw agricultural goods $3.23M
Raw materials & minerals $1.99M
Animal & marine products $186K
Chemicals & pharma $89K
Wood & paper products $66K
Textiles & consumer goods $58K
Machinery & equipment $19K
Precious metals & jewellery $8K
Metals $5K

Balance of trade

Russia Tanzania
Current account balance
$43.1B
2025
-$2.38B
2024
Current account balance ranking
14/190
2025
144/190
2024
Current account balance, % of GDP
+1.68%
2025
-3%
2024
Goods imports
$305B
2025
$14.2B
2024
Goods exports
$422B
2025
$9.12B
2024
Service imports
$94.8B
2025
$2.8B
2024
Service exports
$46.3B
2025
$6.85B
2024
Imports of goods and services, % of GDP
15.5%
2025
20%
2025
Exports of goods and services, % of GDP
18.2%
2025
19%
2025

Economic freedom indices

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

Russia Tanzania
Economic freedom 50.3 59
Economic freedom ranking 161/197 106/197
Property rights 18.6 45.2
Government integrity 22.8 40.9
Judicial effectiveness 22.8 29.6
Tax burden 81.9 80.4
Government spending 61.3 89.1
Fiscal health 94.4 75
Business freedom 51.4 48.1
Labor freedom 59.1 62.3
Monetary freedom 61.8 73.4
Trade freedom 69.4 58.8
Investment freedom 30 55
Financial freedom 30 50

Economic freedom comparison by year

Russia
Tanzania
1x
Year Economic freedom index
Russia Tanzania
2026 50.3 59
2025 51.6 59.3
2024 52 59.1
2023 53.8 60
2022 56.1 59.5
2021 61.5 61.3
2020 61 61.7
2019 58.9 60.2
2018 58.2 59.9
2017 57.1 58.6
2016 50.6 58.5
2015 52.1 57.5
2014 51.9 57.8
2013 51.1 57.9
2012 50.5 57
2011 50.5 57
2010 50.3 58.3
2009 50.8 58.3
2008 49.8 56.5
2007 52.2 56.8
2006 52.4 58.5
2005 51.3 56.3
2004 52.8 60.1
2003 50.8 56.9
2002 48.7 58.3
2001 49.8 54.9
2000 51.8 56
1999 54.5 60
1998 52.8 59.6
1997 48.6 59.3
1996 51.6 57.5
1995 51.1 57.3

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

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

The Economic Freedom Index for Russia is 50.3, ranking 161/197, compared to 59 for Tanzania, ranking 106/197. The chart above displays a comparison of annual changes in economic freedom indexes.

Other economic metrics

Russia Tanzania
Services, % of GDP
58.9%
2025
28.8%
2025
Industry, % of GDP
29.7%
2025
29.8%
2025
Agriculture, forestry, and fishing, % of GDP
3.06%
2025
22.9%
2025
GNI, Atlas method
$2.33T
2025
$87B
2025
GNI per capita, PPP
$49,220
2025
$4,370
2025
Total reserves including gold
$608B
2024
$5.05B
2018
Total reserves ranking
6/177
2024
106/177
2018
Net foreign direct investment
-$12.4B
2025
-$1.72B
2024
Net inflows of foreign direct investment
-$9.35B
2024
$1.72B
2024
Net outflows of foreign direct investment
-$170M
2024
$0
2024
Servicing debt to the IMF, % of GNI
2.63%
2024
2.56%
2024
Poverty at national poverty lines
7.2%
2024
26.4%
2018
Gross capital formation, % of GDP
25.9%
2025
40.7%
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/tanzania | 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 (1991–2025, retrieved 2026-07-08)
  3. International Monetary Fund (IMF) | Public Finances in Modern History (1885–2000, 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 (2018–2024, 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.