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Economy of Russia vs Tunisia compared: GDP & Debt

Updated on by Georank team

Russia has a GDP of $2.17T compared to $53.4B for Tunisia, ranking 11/197 and 90/197 by economy size, respectively.

Russia has $441B in government debt (21.4% of GDP), compared to $44.4B (82.9% of GDP) in Tunisia.

The chart below compares the two countries' GDP growth in both current (nominal) and constant dollars, accounting for inflation over time.

Russia
GDP, current $

GDP, constant 2015 $
Tunisia
GDP, current $

GDP, constant 2015 $
Year GDP
Russia Tunisia
Current $ Constant $ Current $ Constant $
1961 - - $866,155,429 $6,137,829,834
1962 - - $880,027,733 $5,856,098,258
1963 - - $1,026,737,600 $5,227,504,981
1964 - - $1,025,866,792 $4,983,069,469
1965 - - $991,047,619 $4,856,664,333
1966 - - $1,040,952,381 $5,024,455,670
1967 - - $1,085,714,286 $5,032,592,900
1968 - - $1,214,666,667 $5,556,472,162
1969 - - $1,289,904,762 $5,820,283,203
1970 - - $1,439,238,095 $6,092,068,996
1971 - - $1,685,162,272 $6,735,403,513
1972 - - $2,237,556,149 $7,930,447,182
1973 - - $2,730,813,385 $7,878,531,025
1974 - - $3,545,868,575 $8,514,705,256
1975 - - $4,328,965,588 $9,124,026,071
1976 - - $4,508,191,942 $9,842,712,161
1977 - - $5,109,324,009 $10,178,456,507
1978 - - $5,968,460,080 $10,833,997,305
1979 - - $7,188,863,904 $11,545,522,372
1980 - - $8,744,134,354 $12,402,054,611
1981 - - $8,428,445,294 $13,085,912,935
1982 - - $8,133,580,052 $13,021,302,862
1983 - - $8,350,582,748 $13,630,949,504
1984 - - $8,254,541,195 $14,414,571,427
1985 - - $8,410,226,053 $15,228,789,050
1986 - - $9,017,806,654 $15,008,430,237
1987 - - $9,696,715,911 $16,014,200,843
1988 $554,828,660,436 - $10,096,245,762 $16,025,756,543
1989 $506,631,299,735 $1,197,410,924,008 $10,101,851,745 $16,305,678,293
1990 $517,014,446,228 $1,161,488,648,466 $12,290,568,182 $17,601,950,275
1991 $517,962,962,963 $1,102,869,019,643 $13,074,782,609 $18,289,226,397
1992 $460,290,556,901 $942,610,308,780 $15,496,708,060 $19,716,833,824
1993 $435,083,713,851 $860,899,753,889 $14,608,335,608 $20,148,598,741
1994 $395,077,301,248 $752,686,755,591 $15,633,174,304 $20,789,004,085
1995 $395,537,185,735 $721,498,966,071 $18,030,876,599 $21,277,892,826
1996 $391,724,890,744 $694,406,178,898 $19,587,161,807 $22,798,428,276
1997 $404,928,954,192 $704,127,280,749 $20,746,210,354 $24,038,877,878
1998 $270,955,486,862 $666,808,805,067 $21,802,893,587 $25,188,840,698
1999 $195,907,128,351 $709,483,999,746 $22,943,202,175 $26,713,932,931
2000 $259,710,142,197 $780,432,873,753 $21,473,528,161 $27,972,151,937
2001 $306,602,070,621 $820,235,350,097 $22,065,832,449 $29,034,050,814
2002 $345,470,494,418 $858,786,345,187 $23,141,616,605 $29,418,042,728
2003 $430,347,420,185 $921,477,339,134 $27,453,902,261 $30,801,396,632
2004 $591,016,690,732 $987,823,227,181 $31,183,885,241 $32,722,107,266
2005 $764,015,973,481 $1,051,043,572,408 $32,272,186,695 $33,862,978,438
2006 $989,932,071,353 $1,137,229,862,730 $34,376,664,601 $35,638,786,834
2007 $1,299,703,478,482 $1,233,894,148,247 $38,915,353,867 $38,029,978,712
2008 $1,660,848,058,303 $1,298,056,264,706 $44,859,439,902 $39,641,606,104
2009 $1,222,645,900,056 $1,196,807,955,076 $43,455,740,497 $40,848,078,614
2010 $1,524,916,715,224 $1,250,664,313,045 $46,206,091,938 $42,061,729,256
2011 $2,045,922,753,398 $1,304,443,243,520 $48,123,325,825 $41,200,879,648
2012 $2,208,293,553,878 $1,356,935,163,515 $47,311,401,813 $42,938,187,712
2013 $2,292,470,078,346 $1,380,755,103,919 $48,685,446,414 $43,981,556,030
2014 $2,059,241,589,895 $1,390,921,151,162 $50,271,812,921 $45,340,730,385
2015 $1,363,482,182,198 $1,363,482,182,198 $45,779,494,042 $45,779,494,042
2016 $1,276,786,350,881 $1,366,123,111,808 $44,360,072,680 $46,291,045,988
2017 $1,574,199,360,089 $1,391,065,651,846 $42,163,530,591 $47,326,964,920
2018 $1,657,328,773,461 $1,430,116,278,515 $42,686,504,460 $48,569,264,672
2019 $1,693,115,002,708 $1,461,551,317,106 $41,905,642,419 $49,340,470,116
2020 $1,493,075,894,362 $1,422,766,794,795 $42,491,780,918 $44,893,939,453
2021 $1,829,186,719,575 $1,506,233,291,760 $47,073,234,359 $47,020,260,422
2022 $2,291,612,121,335 $1,484,605,556,958 $44,948,769,171 $48,277,261,610
2023 $2,071,505,725,031 $1,545,214,947,189 $48,196,281,784 $48,296,165,329
2024 $2,173,835,806,672 $1,612,344,875,264 $53,409,988,745 $48,948,478,710

Economic indicators

Russia Tunisia
Gross domestic product
$2.17T
2024
$53.4B
2024
GDP rank
11/197
2024
90/197
2024
GDP growth
4.94%
2023-2024
10.8%
2023-2024
GDP per capita
$15,145
2024
$4,350
2024
GDP per capita rank
69/197
2024
127/197
2024
GDP per capita, PPP
$47,405
2024
$14,451
2024
Government debt
$441B
2024
$44.4B
2024
Debt-to-GDP ratio
21.4%
2025
82.9%
2025
Government debt per person
$3,075
2024
$3,617
2024
Government debt per person rank
98/185
2024
95/185
2024
Average annual personal income after taxes
$9,262
2025
$4,061
2025
Market capitalization of domestic companies
$650B
2023
$8.3B
2024
Number of millionaires
381,726
2024
n/a
Number of billionaires
140
2025
n/a
Income share by richest 10%
25.1%
2023
27%
2021
Income share by poorest 10%
3.1%
2023
3.1%
2021
Government expenditure, % of GDP
37.6%
2025
32.4%
2025
Consumer prices inflation
9%
2024-2025
5.9%
2024-2025
Central bank interest rate
17%
2025
7.5%
2025
Unemployment rate
2.43%
2024
15.1%
2023
Population
142718132
12402051

GDP per capita in Russia vs Tunisia

Russia's GDP per capita is $15,145, ranking 69/197, compared to $4,350 in Tunisia, ranking 127/197. Adjusted for purchasing power (GDP per capita PPP), Russia ranks 49th at $47,405, while Tunisia ranks 116th at $14,451.

Russia
GDP per capita

GDP per capita, PPP
Tunisia
GDP per capita

GDP per capita, PPP
Year Current $
Russia Tunisia
GDP per capita GDP per capita, PPP GDP per capita GDP per capita, PPP
1961 - - $200.7 -
1962 - - $201.4 -
1963 - - $231.9 -
1964 - - $228.5 -
1965 - - $217.3 -
1966 - - $223.8 -
1967 - - $228 -
1968 - - $248.9 -
1969 - - $257.7 -
1970 - - $280.5 -
1971 - - $320 -
1972 - - $415 -
1973 - - $493 -
1974 - - $624 -
1975 - - $741 -
1976 - - $752 -
1977 - - $830 -
1978 - - $946 -
1979 - - $1,113 -
1980 - - $1,324 -
1981 - - $1,247 -
1982 - - $1,177 -
1983 - - $1,184 -
1984 - - $1,143 -
1985 - - $1,135 -
1986 - - $1,187 -
1987 - - $1,245 -
1988 $3,778 - $1,266 -
1989 $3,430 - $1,239 -
1990 $3,494 $8,028 $1,476 $3,780
1991 $3,490 $7,858 $1,538 $3,975
1992 $3,099 $6,862 $1,785 $4,292
1993 $2,931 $6,420 $1,649 $4,401
1994 $2,662 $5,734 $1,733 $4,555
1995 $2,666 $5,613 $1,968 $4,686
1996 $2,644 $5,518 $2,107 $5,040
1997 $2,738 $5,700 $2,202 $5,333
1998 $1,835 $5,465 $2,285 $5,579
1999 $1,331 $5,914 $2,376 $5,930
2000 $1,772 $6,825 $2,199 $6,279
2001 $2,100 $7,361 $2,236 $6,593
2002 $2,378 $8,037 $2,321 $6,715
2003 $2,975 $9,255 $2,726 $7,098
2004 $4,102 $10,227 $3,067 $7,672
2005 $5,323 $11,822 $3,147 $8,117
2006 $6,920 $14,912 $3,323 $8,729
2007 $9,101 $16,648 $3,727 $9,479
2008 $11,635 $20,164 $4,255 $9,975
2009 $8,563 $19,390 $4,080 $10,237
2010 $10,675 $20,490 $4,292 $10,555
2011 $14,305 $22,790 $4,421 $10,436
2012 $15,402 $24,274 $4,297 $10,615
2013 $15,941 $26,020 $4,370 $10,672
2014 $14,277 $25,688 $4,459 $10,947
2015 $9,427 $23,994 $4,015 $10,783
2016 $8,804 $24,012 $3,848 $10,994
2017 $10,835 $25,778 $3,619 $11,289
2018 $11,399 $28,629 $3,628 $11,841
2019 $11,640 $30,964 $3,529 $12,495
2020 $10,280 $31,491 $3,549 $11,918
2021 $12,637 $38,638 $3,907 $12,444
2022 $15,888 $40,939 $3,709 $13,608
2023 $14,403 $44,269 $3,950 $14,010
2024 $15,145 $47,405 $4,350 $14,451

Spending and national debt comparison

In 2024, Russia's government spending was $831B, accounting for 37.6% of its GDP, while Tunisia's spent $18.1B, or 32.4% of GDP.

Debt-to-GDP ratio is 21.4% in Russia and 82.9% in Tunisia, ranking 173/185 and 40/185, respectively.

Russia
Government spending

Government debt
Tunisia
Government spending

Government debt
Year % of GDP
Russia Tunisia
Government spending Government debt Government spending Government debt
1991 - - 27.6% 63.3%
1992 - 116% 25.7% 62.1%
1993 - 92.4% 26.7% 63.8%
1994 - 63.5% 25.9% 63.9%
1995 - 53.7% 26.6% 65.6%
1996 - 51.9% 26.7% 66.8%
1997 - 51.5% 24.5% 66.6%
1998 39.7% 135.2% 24.2% 58.2%
1999 34.3% 92.4% 24% 61.9%
2000 30.7% 55.9% 24% 62.9%
2001 31.5% 44.4% 24% 52.2%
2002 33.8% 37.6% 24.1% 51.6%
2003 32.6% 28.3% 23.5% 52.6%
2004 29.6% 20.8% 23% 51.6%
2005 29.5% 14.9% 23% 50%
2006 29% 9.8% 22.9% 45.7%
2007 31.9% 8.03% 23.3% 42.7%
2008 32% 7.45% 23.7% 41.4%
2009 38.6% 9.92% 24.6% 40.3%
2010 35.5% 10.1% 24% 38.8%
2011 33.3% 10.3% 27.9% 43.3%
2012 34% 11.2% 28.3% 49%
2013 34.7% 12.3% 30.8% 45.6%
2014 34.9% 15.1% 27.7% 50.7%
2015 35.3% 15.3% 27.4% 52.4%
2016 36.6% 14.8% 27.2% 58.9%
2017 34.8% 14.3% 28.7% 67.1%
2018 32.6% 13.6% 28.7% 72.9%
2019 33.8% 13.7% 29.5% 67.3%
2020 39.2% 19.2% 34.5% 77.7%
2021 34.9% 16.5% 33.2% 79.7%
2022 35.4% 18.5% 36.5% 82.9%
2023 36.1% 19.5% 35.7% 82.5%
2024 38.2% 20.3% 33.8% 83.1%
2025 37.6% 21.4% 32.4% 82.9%

Government deficit by year

In 2024, Russia's government deficit, the difference between spending and revenue, was -$48.9B, equivalent to -2.25% of GDP. This compares to Tunisia's deficit of -$3.16B, or -5.91% of GDP.

Over the past 34 years, Russia recorded a fiscal deficit in 13 of those years, while Tunisia ran a deficit in 34 years. On average, Russia posted an annual surplus equal to +0.16% of GDP, compared to deficit of -4.05% of GDP for Tunisia.

Deficit/surplus
Russia

Tunisia
Year Deficit/surplus, % of GDP
Russia Tunisia
1885 -0.75% -
1886 -0.84% -
1887 0.14% -
1888 0.88% -
1889 1.34% -
1890 0.01% -
1891 -0.97% -
1892 -1.16% -
1893 0.63% -
1894 1.43% -
1895 0.7% -
1896 1.3% -
1897 0.34% -
1898 0.03% -
1899 0.66% -
1900 -0.36% -
1901 0.14% -
1902 -1.57% -
1903 1.04% -
1904 -5.13% -
1905 -7.72% -
1906 -3.19% -
1907 -0.86% -
1908 -0.83% -
1909 -0.15% -
1910 1.52% -
1911 1.26% -
1912 0.69% -
1913 0.69% -
1914 0.69% -
1915 0.69% -
1916 0.69% -
1917 0.69% -
1918 0.69% -
1919 0.69% -
1920 0.69% -
1921 0.69% -
1922 0.69% -
1923 0.69% -
1924 0.69% -
1925 0.69% -
1926 0.69% -
1927 0.69% -
1928 -0.4% -
1929 -0.4% -
1930 -1.62% -
1931 -1.12% -
1932 0.06% -
1933 0.58% -
1934 0.25% -
1935 0.07% -
1936 0.1% -
1937 0.12% -
1938 0.16% -
1939 0.12% -
1940 0.15% -
1941 0.15% -
1942 0.15% -
1943 0.15% -
1944 0.15% -
1945 0.15% -
1946 0.15% -
1947 0.15% -
1948 0.15% -
1949 0.15% -
1950 0.15% -
1951 0.15% -
1952 0.15% -
1953 0.15% -
1954 0.15% -
1955 0.15% -
1956 0.15% -
1957 0.15% -
1958 0.15% -
1959 0.15% -
1960 0.15% -
1961 0.15% -
1962 0.15% -
1963 0.15% -
1964 0.15% -
1965 0.15% -
1966 0.15% -
1967 0.15% -
1968 0.15% -
1969 0.15% -
1970 0.15% -
1971 0.15% -
1972 0.15% -
1973 0.15% -
1974 0.15% -
1975 0.15% -
1976 0.15% -
1977 0.15% -
1978 0.15% -
1979 0.15% -
1980 0.15% -
1981 0.15% -
1982 0.15% -
1983 0.15% -
1984 0.15% -
1985 0.15% -
1986 0.15% -
1987 0.15% -
1988 0.15% -
1989 0.15% -
1990 0.15% -
1991 0.15% -5.25%
1992 0.15% -3.45%
1993 0.15% -3.22%
1994 0.15% -2.87%
1995 0.15% -4.53%
1996 0.15% -5.18%
1997 0.15% -3.7%
1998 -7.42% -2.84%
1999 -3.59% -3.05%
2000 3.11% -3.22%
2001 2.99% -2.87%
2002 0.67% -2.55%
2003 1.35% -2.64%
2004 4.57% -2.1%
2005 7.6% -2.59%
2006 7.8% -2.33%
2007 5.59% -2.47%
2008 4.55% -0.62%
2009 -5.89% -2.59%
2010 -3.19% -0.46%
2011 1.43% -3.19%
2012 0.38% -4.9%
2013 -1.16% -7.05%
2014 -1.07% -3.11%
2015 -3.39% -4.95%
2016 -3.67% -5.87%
2017 -1.47% -5.61%
2018 2.92% -4.27%
2019 1.93% -3.6%
2020 -3.99% -9.06%
2021 0.78% -7.6%
2022 -1.56% -6.91%
2023 -2.51% -7.02%
2024 -2.25% -5.91%
2025 -1.01% -5.43%

Inflation comparison by year

Over the past 30 years, Russia has recorded an average annual inflation rate of 14.4%, compared with 4.54% in Tunisia. In 2025, inflation was 9% in Russia and 5.9% in Tunisia.

Inflation
Russia

Tunisia
Year Inflation
Russia Tunisia Russia Tunisia
1996 47.8% 3.7%
1997 14.8% 3.6%
1998 27.7% 3.1%
1999 85.7% 2.8%
2000 20.8% 2.8%
2001 21.5% 1.9%
2002 15.8% 2.7%
2003 13.7% 2.7%
2004 10.9% 3.7%
2005 12.7% 2%
2006 9.7% 4.1%
2007 9% 3.4%
2008 14.1% 4.9%
2009 11.6% 3.5%
2010 6.8% 4.4%
2011 8.4% 3.2%
2012 5.1% 4.6%
2013 6.8% 5.3%
2014 7.8% 4.6%
2015 15.5% 4.4%
2016 7% 3.6%
2017 3.7% 5.3%
2018 2.9% 7.3%
2019 4.5% 6.7%
2020 3.4% 5.6%
2021 6.7% 5.7%
2022 13.7% 8.3%
2023 5.9% 9.3%
2024 8.4% 7%
2025 9% 5.9%

Top exports between countries

Russia
Export category Export value
Raw agricultural goods $121M
Raw materials & minerals $84.8M
Metals $54.2M
Miscellaneous $26.4M
Processed food, beverages & tobacco $21.6M
Chemicals & pharma $13.3M
Wood & paper products $11.4M
Transport & tourism services $1.68M
Manufacturing & construction services $800K
Machinery & equipment $539K
Tunisia
Export category Export value
Raw materials & minerals $7.39M
Raw agricultural goods $7.09M
Machinery & equipment $5.06M
Wood & paper products $2.75M
Processed food, beverages & tobacco $1.55M
Textiles & consumer goods $1.51M
Chemicals & pharma $1.13M
Animal & marine products $108K
Metals $3K

Balance of trade

Russia Tunisia
Current account balance
$63.2B
2024
-$775M
2024
Current account balance ranking
9/189
2024
115/189
2024
Current account balance, % of GDP
+2.91%
2024
-1.45%
2024
Goods imports
$300B
2024
$18.7B
2024
Goods exports
$433B
2024
$8.95B
2024
Service imports
$81.5B
2024
$3.92B
2024
Service exports
$43B
2024
$11.2B
2024
Imports of goods and services, % of GDP
17.6%
2024
56.6%
2024
Exports of goods and services, % of GDP
21.9%
2024
48.4%
2024

Economic freedom indices

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

Russia Tunisia
Economic freedom 51.6 49.1
Economic freedom ranking 150/197 166/197
Property rights 18.6 59.3
Government integrity 23 41.3
Judicial effectiveness 28.4 39.7
Tax burden 87.7 79.4
Government spending 62 63.1
Fiscal health 97.8 6.4
Business freedom 51.3 56.8
Labor freedom 59 56
Monetary freedom 62.2 71.3
Trade freedom 69.4 56.2
Investment freedom 30 30
Financial freedom 30 30

Economic freedom by year comparison

The Economic Freedom Index for Russia is 51.6, ranking 150/197, compared to 49.1 for Tunisia, ranking 166/197. The chart below displays a comparison of annual changes in economic freedom indexes.

Russia
Tunisia
Year Economic freedom index
Russia Tunisia
1995 51.1 63.4
1996 51.6 63.9
1997 48.6 63.8
1998 52.8 63.9
1999 54.5 61.1
2000 51.8 61.3
2001 49.8 60.8
2002 48.7 60.2
2003 50.8 58.1
2004 52.8 58.4
2005 51.3 55.4
2006 52.4 57.5
2007 52.2 60.3
2008 49.8 60.1
2009 50.8 58
2010 50.3 58.9
2011 50.5 58.5
2012 50.5 58.6
2013 51.1 57
2014 51.9 57.3
2015 52.1 57.7
2016 50.6 57.6
2017 57.1 55.7
2018 58.2 58.9
2019 58.9 55.4
2020 61 55.8
2021 61.5 56.6
2022 56.1 54.2
2023 53.8 52.9
2024 52 48.8
2025 51.6 49.1

More economic indicators

Russia Tunisia
Services, % of GDP
57.5%
2024
62.1%
2023
Industry, % of GDP
30.7%
2024
23.6%
2023
Agriculture, forestry, and fishing, % of GDP
2.74%
2024
9.33%
2023
GNI, Atlas method
$2.24T
2024
$47.9B
2024
GNI per capita, PPP
$46,780
2024
$14,090
2024
Total reserves including gold
$597B
2023
$9.34B
2024
Total reserves ranking
6/177
2023
80/177
2024
Net foreign direct investment
$8.09B
2024
-$725M
2024
Net inflows of foreign direct investment
-$8.1B
2024
$760M
2024
Net outflows of foreign direct investment
-$13.1M
2024
$34.6M
2024
Servicing debt to the IMF, % of GNI
n/a
10.5%
2023
Poverty at national poverty lines
12.1%
2020
16.6%
2021
Gross capital formation, % of GDP
26.3%
2024
13.4%
2024

GDP per capita map

GDP per capita

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Economy comparisons

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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.