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Economy of Russia vs United Arab Emirates compared: GDP & Debt

Updated on by Georank

Russia has a GDP of $2.56T compared to $552B for the United Arab Emirates, ranking 8/197 and 31/197 by economy size, respectively.

Russia has $440B in government debt (17.2% of GDP), compared to $193B (34.3% of GDP) in the United Arab Emirates.

Russia vs United Arab Emirates GDP by year

Russia
United Arab Emirates
1x
Year GDP, current $
Russia UAE
2025 $2,561,310,169,359 -
2024 $2,186,462,268,813 $552,324,919,096
2023 $2,046,284,838,151 $522,622,268,401
2022 $2,292,495,097,681 $511,403,404,642
2021 $1,829,186,719,575 $422,441,282,436
2020 $1,493,075,894,362 $357,161,776,271
2019 $1,693,115,002,708 $433,926,218,686
2018 $1,657,328,773,461 $440,560,003,161
2017 $1,574,199,360,089 $403,365,056,079
2016 $1,276,786,350,881 $381,717,208,621
2015 $1,363,482,182,198 $381,973,135,513
2014 $2,059,241,589,895 $424,935,834,104
2013 $2,292,470,078,346 $409,632,574,703
2012 $2,208,293,553,878 $392,793,559,051
2011 $2,045,922,753,398 $368,881,033,963
2010 $1,524,916,715,224 $307,736,348,527
2009 $1,222,645,900,056 $253,547,358,747
2008 $1,660,848,058,303 $315,474,615,741
2007 $1,299,703,478,482 $257,916,148,767
2006 $989,932,071,353 $222,116,532,963
2005 $764,015,973,481 $180,617,467,954
2004 $591,016,690,732 $147,824,249,958
2003 $430,347,420,185 $124,346,476,180
2002 $345,470,494,418 $109,816,091,079
2001 $306,602,070,621 $103,311,631,797
2000 $259,710,142,197 $104,337,463,730
1999 $195,907,128,351 $84,445,399,335
1998 $270,955,486,862 $75,674,384,205
1997 $404,928,954,192 $78,838,886,862
1996 $391,724,890,744 $73,571,217,377
1995 $395,537,185,735 $65,743,604,966
1994 $395,077,301,248 $59,305,111,228
1993 $435,083,713,851 $55,625,269,485
1992 $460,290,556,901 $54,239,188,746
1991 $517,962,962,963 $51,552,058,250
1990 $517,014,446,228 $50,701,374,187
1989 $506,631,299,735 $41,464,966,302
1988 $554,828,660,436 $36,275,613,877
1987 - $36,384,802,310
1986 - $33,943,568,481
1985 - $40,603,631,079
1984 - $41,807,931,453
1983 - $42,803,373,390
1982 - $46,622,715,281
1981 - $49,333,471,895
1980 - $43,599,134,193
1979 - $31,225,557,022
1978 - $23,775,718,541
1977 - $24,871,660,292
1976 - $19,213,212,475
1975 - $14,720,729,969
1974 - $11,651,505,689
1973 - $4,231,243,616
1972 - $1,415,086,929
1971 - $939,893,600
1970 - $685,986,701

Data sources: World Bank | Economy & Growth (1970–2025, retrieved 2026-07-08).

GeoRank.org/economy/russia/united-arab-emirates | CC BY

GDP per capita in Russia vs United Arab Emirates by year

Russia
GDP per capita

GDP per capita, PPP
United Arab Emirates
GDP per capita

GDP per capita, PPP
1x
Year Current $
Russia UAE
GDP per capita GDP per capita, PPP GDP per capita GDP per capita, PPP
2025 $17,847 - - -
2024 $15,219 $47,362 $50,274 $79,229
2023 $14,227 $44,269 $49,851 $77,955
2022 $15,894 $40,939 $50,760 $75,072
2021 $12,637 $38,638 $44,118 $68,580
2020 $10,280 $31,491 $37,992 $66,791
2019 $11,640 $30,964 $45,939 $79,816
2018 $11,399 $28,629 $47,135 $77,446
2017 $10,835 $25,778 $43,734 $70,282
2016 $8,804 $24,012 $42,721 $69,987
2015 $9,427 $23,994 $44,910 $73,986
2014 $14,277 $25,688 $52,725 $87,478
2013 $15,941 $26,020 $53,247 $87,526
2012 $15,402 $24,274 $53,142 $89,198
2011 $14,305 $22,790 $51,922 $89,665
2010 $10,675 $20,490 $44,795 $85,120
2009 $8,563 $19,390 $37,803 $84,780
2008 $11,635 $20,164 $50,054 $94,628
2007 $9,101 $16,648 $45,855 $100,813
2006 $6,920 $14,912 $44,343 $106,814
2005 $5,323 $11,822 $38,719 $101,301
2004 $4,102 $10,227 $33,377 $98,661
2003 $2,975 $9,255 $29,660 $92,636
2002 $2,378 $8,037 $27,754 $88,467
2001 $2,100 $7,361 $27,745 $90,370
2000 $1,772 $6,825 $29,866 $92,899
1999 $1,331 $5,914 $25,856 $87,658
1998 $1,835 $5,465 $24,889 $90,229
1997 $2,738 $5,700 $27,983 $96,009
1996 $2,644 $5,518 $28,323 $94,620
1995 $2,666 $5,613 $27,003 $93,702
1994 $2,662 $5,734 $25,473 $89,959
1993 $2,931 $6,420 $25,033 $86,330
1992 $3,099 $6,862 $25,648 $87,509
1991 $3,490 $7,858 $25,691 $87,250
1990 $3,494 $8,028 $26,710 $88,455
1989 $3,430 - $23,167 -
1988 $3,778 - $21,570 -
1987 - - $23,113 -
1986 - - $23,132 -
1985 - - $29,468 -
1984 - - $32,012 -
1983 - - $34,650 -
1982 - - $39,972 -
1981 - - $44,855 -
1980 - - $42,925 -
1979 - - $34,238 -
1978 - - $29,379 -
1977 - - $35,020 -
1976 - - $31,197 -
1975 - - $27,117 -
1974 - - $23,823 -
1973 - - $9,696 -
1972 - - $3,675 -
1971 - - $2,805 -
1970 - - $2,394 -

Data sources: World Bank | Economy & Growth (1970–2025, retrieved 2026-07-08).

GeoRank.org/economy/russia/united-arab-emirates | CC BY

Russia's GDP per capita is $17,847, ranking 68/197, compared to $50,274 in the United Arab Emirates, ranking 25/197. Adjusted for purchasing power (GDP per capita PPP), Russia ranks 50th at $47,362, while the United Arab Emirates ranks 16th at $79,229.

Economic indicators

Russia UAE
Gross domestic product
$2.56T
2025
$552B
2024
GDP rank
8/197
2025
31/197
2024
GDP growth
1%
2024-2025
3.99%
2023-2024
GDP per capita
$17,847
2025
$50,274
2024
GDP per capita rank
68/197
2025
25/197
2024
GDP per capita, PPP
$47,362
2024
$79,229
2024
GDP per capita PPP rank
50/197
2024
16/197
2024
Government debt
$440B
2025
$193B
2024
Debt-to-GDP ratio
17.2%
2025
34.3%
2025
Government debt per person
$3,068
2025
$17,568
2024
Government debt per person rank
105/185
2025
37/185
2024
Average annual personal income after taxes
$11,183
2026
$40,096
2026
Market capitalization of domestic companies
$650B
2023
$1.11T
2025
Number of millionaires
447,000
2026
183,000
2026
Number of billionaires
147
2026
6
2026
Income share by richest 10%
25.1%
2023
20.5%
2018
Income share by poorest 10%
3.1%
2023
2.8%
2018
Government expenditure, % of GDP
39.1%
2025
22.6%
2025
Consumer prices inflation
8.7%
2024-2025
1.3%
2024-2025
Central bank interest rate
14.5%
2026
3.65%
2025
Unemployment rate
2.13%
2025
1.88%
2024
Population
142643173
11885001

Spending and national debt comparison by year

Russia
Spending

Debt
United Arab Emirates
Spending

Debt
1x
Year % of GDP
Russia UAE
Government spending Government debt Government spending Government debt
2025 39.1% 17.2% 22.6% 34.3%
2024 36.7% 14.8% 21.4% 34.9%
2023 36.1% 15.2% 22.7% 31.9%
2022 35.1% 15.1% 22.7% 31.5%
2021 34.9% 16.5% 25.9% 35.7%
2020 39.2% 19.2% 30.5% 30.1%
2019 33.8% 13.7% 27.4% 25.8%
2018 32.6% 13.6% 25.9% 20.7%
2017 34.8% 14.3% 27.2% 21.2%
2016 36.6% 14.8% 31.7% 18.6%
2015 35.3% 15.3% 26.4% 15.6%
2014 34.9% 15.1% 31.4% 13.5%
2013 34.7% 12.3% 28.9% 15.3%
2012 34% 11.2% 27.8% 20.2%
2011 33.3% 10.3% 29.6% 20.4%
2010 35.5% 10.1% 30.4% 18.3%
2009 38.6% 9.92% 35% 21.1%
2008 32% 7.45% 22% 8.95%
2007 31.9% 8.03% 17.7% 8.89%
2006 29% 9.8% 15.6% 5.05%
2005 29.5% 14.9% 15.7% 4.48%
2004 29.6% 20.8% 17.7% 4.08%
2003 32.6% 28.3% 20% 3.33%
2002 33.8% 37.6% 21.3% 3.43%
2001 31.5% 44.4% 25.2% 2.69%
2000 30.7% 55.9% 21.8% 3.12%
1999 34.3% 92.4% 24.3% 4.73%
1998 39.7% 135.2% 25.8% 4.18%
1997 - 51.5% 22.6% 2.86%
1996 - 51.9% 27.6% 3.48%
1995 - 53.7% 26.1% 5.06%
1994 - 63.5% 30.1% 5.58%
1993 - 92.4% 31.5% 6.01%
1992 - 116% 29.6% 5.31%
1991 - - 36% 4.97%

Data sources: International Monetary Fund (IMF) | Fiscal Monitor (1991–2025, retrieved 2026-07-08); International Monetary Fund (IMF) | Public Finances in Modern History (1991–1998, retrieved 2026-07-08).

GeoRank.org/economy/russia/united-arab-emirates | CC BY

In 2025, Russia's government spending was $1T, accounting for 39.1% of its GDP, while the United Arab Emirates spent $118B, or 22.6% of GDP.

Debt-to-GDP ratio is 17.2% in Russia and 34.3% in the United Arab Emirates, ranking 175/185 and 146/185, respectively.

Government deficit by year

Deficit/surplus
Russia

United Arab Emirates
1x
Year Deficit/surplus, % of GDP
Russia UAE
2025 -3.9% 5.15%
2024 -1.59% 6.41%
2023 -2.24% 5.82%
2022 -1.34% 9.8%
2021 0.78% 3.96%
2020 -3.99% -2.42%
2019 1.93% 2.5%
2018 2.92% 3.65%
2017 -1.47% -0.16%
2016 -3.67% -2.95%
2015 -3.39% -6.35%
2014 -1.07% 1.74%
2013 -1.16% 7.99%
2012 0.38% 8.59%
2011 1.43% 5.05%
2010 -3.19% 0.52%
2009 -5.89% -6.13%
2008 4.55% 17.6%
2007 5.59% 17.1%
2006 7.8% 20.2%
2005 7.6% 16%
2004 4.57% 6.4%
2003 1.35% 2.35%
2002 0.67% -1.24%
2001 2.99% 1.21%
2000 3.11% 10.7%
1999 -3.59% 1.31%
1998 -7.42% 1%
1997 - 6.71%
1996 - 0.92%
1995 - 3.58%
1994 - -1.78%
1993 - -2.89%
1992 - 3.34%
1991 - 3.89%
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/united-arab-emirates | CC BY

In 2024, Russia's government deficit, the difference between spending and revenue, was $34.9B, equivalent to 1.59% of GDP. This compares to the United Arab Emirates' surplus of $35.4B, or 6.41% of GDP.

Over the past 27 years, Russia recorded a fiscal deficit in 13 of those years, while the United Arab Emirates ran a deficit in 6 years. On average, Russia posted an annual surplus equal to 0.21% of GDP, compared to surplus of 4.84% of GDP for the United Arab Emirates.

Inflation comparison by year

Inflation
Russia

United Arab Emirates
1x
Year Consumer prices inflation
Russia UAE
2025 8.7% 1.3%
2024 8.4% 1.7%
2023 5.9% 1.6%
2022 13.7% 4.8%
2021 6.7% -0.1%
2020 3.4% -2.1%
2019 4.5% -1.9%
2018 2.9% 3.1%
2017 3.7% 2%
2016 7% 1.6%
2015 15.5% 4.1%
2014 7.8% 2.3%
2013 6.8% 1.1%
2012 5.1% 0.7%
2011 8.4% 0.9%
2010 6.8% 0.9%
2009 11.6% -4.7%
2008 14.1% 12.3%
2007 9% 11.1%
2006 9.7% 9.3%
2005 12.7% 6.2%
2004 10.9% 5%
2003 13.7% 3.1%
2002 15.8% 2.9%
2001 21.5% 2.8%
2000 20.8% 1.3%
1999 85.7% 2.1%
1998 27.7% 2%
1997 14.8% 3%

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

GeoRank.org/economy/russia/united-arab-emirates | CC BY

Over the past 29 years, Russia has recorded an average annual inflation rate of 13.2%, compared with 2.7% in the United Arab Emirates. In 2025, inflation was 8.7% in Russia and 1.3% in the United Arab Emirates.

Top exports between countries

Russia
Export category Export value
Raw materials & minerals $2.02B
Precious metals & jewellery $1.32B
Miscellaneous $982M
Transport & tourism services $818M
Business & finance services $261M
Chemicals & pharma $232M
Machinery & equipment $180M
Metals $173M
IT & IP services $95.7M
Processed food, beverages & tobacco $61.8M
UAE
Export category Export value
Machinery & equipment $3.17B
Wood & paper products $543M
Textiles & consumer goods $281M
Processed food, beverages & tobacco $114M
Chemicals & pharma $111M
Precious metals & jewellery $83.9M
Raw agricultural goods $62.7M
Raw materials & minerals $39.6M
Metals $17.8M
Animal & marine products $3.72M

Balance of trade

Russia UAE
Current account balance
$43.1B
2025
$80B
2024
Current account balance ranking
14/190
2025
9/190
2024
Current account balance, % of GDP
+1.68%
2025
+14.5%
2024
Goods imports
$305B
2025
$400B
2024
Goods exports
$422B
2025
$467B
2024
Service imports
$94.8B
2025
$117B
2024
Service exports
$46.3B
2025
$181B
2024
Imports of goods and services, % of GDP
15.5%
2025
92.2%
2023
Exports of goods and services, % of GDP
18.2%
2025
106.8%
2023

Economic freedom indices

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

Russia UAE
Economic freedom 50.3 71.9
Economic freedom ranking 161/197 29/197
Property rights 18.6 62.9
Government integrity 22.8 65.3
Judicial effectiveness 22.8 34.4
Tax burden 81.9 99.9
Government spending 61.3 85.1
Fiscal health 94.4 97.6
Business freedom 51.4 84.5
Labor freedom 59.1 63.2
Monetary freedom 61.8 81.2
Trade freedom 69.4 78.6
Investment freedom 30 50
Financial freedom 30 60

Economic freedom comparison by year

Russia
United Arab Emirates
1x
Year Economic freedom index
Russia UAE
2026 50.3 71.9
2025 51.6 71.6
2024 52 71.1
2023 53.8 70.9
2022 56.1 70.2
2021 61.5 76.9
2020 61 76.2
2019 58.9 77.6
2018 58.2 77.6
2017 57.1 76.9
2016 50.6 72.6
2015 52.1 72.4
2014 51.9 71.4
2013 51.1 71.1
2012 50.5 69.3
2011 50.5 67.8
2010 50.3 67.3
2009 50.8 64.7
2008 49.8 62.6
2007 52.2 62.6
2006 52.4 62.2
2005 51.3 65.2
2004 52.8 67.2
2003 50.8 73.4
2002 48.7 73.6
2001 49.8 74.9
2000 51.8 74.2
1999 54.5 71.5
1998 52.8 72.2
1997 48.6 71.9
1996 51.6 71.6
1995 51.1 -

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

GeoRank.org/economy/russia/united-arab-emirates | CC BY

The Economic Freedom Index for Russia is 50.3, ranking 161/197, compared to 71.9 for the United Arab Emirates, ranking 29/197. The chart above displays a comparison of annual changes in economic freedom indexes.

Other economic metrics

Russia UAE
Services, % of GDP
58.9%
2025
54.9%
2024
Industry, % of GDP
29.7%
2025
44.3%
2024
Agriculture, forestry, and fishing, % of GDP
3.06%
2025
0.77%
2024
GNI, Atlas method
$2.33T
2025
$566B
2024
GNI per capita, PPP
$49,220
2025
$81,640
2024
Total reserves including gold
$608B
2024
$292B
2025
Total reserves ranking
6/177
2024
14/177
2025
Net foreign direct investment
-$12.4B
2025
$31.5B
2024
Net inflows of foreign direct investment
-$9.35B
2024
$45.6B
2024
Net outflows of foreign direct investment
-$170M
2024
$77.2B
2024
Servicing debt to the IMF, % of GNI
2.63%
2024
n/a
Poverty at national poverty lines
7.2%
2024
19.5%
2020
Gross capital formation, % of GDP
25.9%
2025
26.6%
2023

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/united-arab-emirates | CC BY

Compare countries by 7 more topics

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Data sources:

  1. World Bank | Economy & Growth (1970–2025, 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 (1885–1998, 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 (2021–2024, retrieved 2026-07-08)
  7. United Nations | World Population Prospects (2026, retrieved 2026-07-08)
  8. LivingCost (2026, retrieved 2026-07-08)
  9. Central Intelligence Agency (CIA) (2020, 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.