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Economy of Russia vs Vanuatu compared: GDP & Debt

Updated on by Georank

Russia has a GDP of $2.56T compared to $1.35B for Vanuatu, ranking 8/197 and 185/197 by economy size, respectively.

Russia has $440B in government debt (17.2% of GDP), compared to $554M (40.9% of GDP) in Vanuatu.

Russia vs Vanuatu GDP by year

Russia
Vanuatu
1x
Year GDP, current $
Russia Vanuatu
2025 $2,561,310,169,359 $1,353,658,841
2024 $2,186,462,268,813 $1,297,956,615
2023 $2,046,284,838,151 $1,188,137,265
2022 $2,292,495,097,681 $1,151,863,790
2021 $1,829,186,719,575 $1,093,826,089
2020 $1,493,075,894,362 $1,017,403,363
2019 $1,693,115,002,708 $1,061,547,513
2018 $1,657,328,773,461 $1,034,402,941
2017 $1,574,199,360,089 $998,536,155
2016 $1,276,786,350,881 $908,725,513
2015 $1,363,482,182,198 $855,360,240
2014 $2,059,241,589,895 $879,185,478
2013 $2,292,470,078,346 $863,347,172
2012 $2,208,293,553,878 $747,839,698
2011 $2,045,922,753,398 $770,153,588
2010 $1,524,916,715,224 $670,712,980
2009 $1,222,645,900,056 $592,622,319
2008 $1,660,848,058,303 $590,748,429
2007 $1,299,703,478,482 $516,392,923
2006 $989,932,071,353 $439,358,587
2005 $764,015,973,481 $394,962,433
2004 $591,016,690,732 $364,996,869
2003 $430,347,420,185 $314,471,413
2002 $345,470,494,418 $262,596,536
2001 $306,602,070,621 $257,926,882
2000 $259,710,142,197 $272,014,628
1999 $195,907,128,351 $268,006,973
1998 $270,955,486,862 $262,293,411
1997 $404,928,954,192 $272,771,209
1996 $391,724,890,744 $261,370,044
1995 $395,537,185,735 $249,333,250
1994 $395,077,301,248 $233,701,301
1993 $435,083,713,851 $200,491,853
1992 $460,290,556,901 $209,088,825
1991 $517,962,962,963 $201,334,169
1990 $517,014,446,228 $168,879,207
1989 $506,631,299,735 $154,013,202
1988 $554,828,660,436 $158,351,368
1987 - $139,464,174
1986 - $126,498,935
1985 - $131,856,421
1984 - $144,482,515
1983 - $117,389,554
1982 - $114,501,913
1981 - $113,781,796
1980 - $121,185,498
1979 - $119,258,835

Data sources: World Bank | Economy & Growth (1979–2025, retrieved 2026-07-08).

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

GDP per capita in Russia vs Vanuatu by year

Russia
GDP per capita

GDP per capita, PPP
Vanuatu
GDP per capita

GDP per capita, PPP
1x
Year Current $
Russia Vanuatu
GDP per capita GDP per capita, PPP GDP per capita GDP per capita, PPP
2025 $17,847 - $4,039 -
2024 $15,219 $47,362 $3,960 $3,606
2023 $14,227 $44,269 $3,708 $3,568
2022 $15,894 $40,939 $3,680 $3,453
2021 $12,637 $38,638 $3,576 $3,136
2020 $10,280 $31,491 $3,404 $3,118
2019 $11,640 $30,964 $3,636 $3,315
2018 $11,399 $28,629 $3,626 $3,233
2017 $10,835 $25,778 $3,585 $3,146
2016 $8,804 $24,012 $3,340 $3,030
2015 $9,427 $23,994 $3,214 $2,966
2014 $14,277 $25,688 $3,378 $2,890
2013 $15,941 $26,020 $3,393 $2,832
2012 $15,402 $24,274 $3,005 $2,834
2011 $14,305 $22,790 $3,163 $2,816
2010 $10,675 $20,490 $2,815 $2,733
2009 $8,563 $19,390 $2,546 $2,730
2008 $11,635 $20,164 $2,604 $2,701
2007 $9,101 $16,648 $2,334 $2,573
2006 $6,920 $14,912 $2,035 $2,496
2005 $5,323 $11,822 $1,874 $2,287
2004 $4,102 $10,227 $1,774 $2,157
2003 $2,975 $9,255 $1,567 $2,070
2002 $2,378 $8,037 $1,341 $1,995
2001 $2,100 $7,361 $1,350 $2,125
2000 $1,772 $6,825 $1,460 $2,206
1999 $1,331 $5,914 $1,472 $2,084
1998 $1,835 $5,465 $1,471 $2,091
1997 $2,738 $5,700 $1,562 $2,087
1996 $2,644 $5,518 $1,529 $1,998
1995 $2,666 $5,613 $1,492 $1,961
1994 $2,662 $5,734 $1,431 $1,946
1993 $2,931 $6,420 $1,257 $1,789
1992 $3,099 $6,862 $1,344 $1,777
1991 $3,490 $7,858 $1,326 $1,737
1990 $3,494 $8,028 $1,141 $1,670
1989 $3,430 - $1,067 -
1988 $3,778 - $1,125 -
1987 - - $1,017 -
1986 - - $946 -
1985 - - $1,012 -
1984 - - $1,137 -
1983 - - $947 -
1982 - - $946 -
1981 - - $962 -
1980 - - $1,048 -
1979 - - $1,055 -

Data sources: World Bank | Economy & Growth (1979–2025, retrieved 2026-07-08).

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

Russia's GDP per capita is $17,847, ranking 68/197, compared to $4,039 in Vanuatu, ranking 133/197. Adjusted for purchasing power (GDP per capita PPP), Russia ranks 50th at $47,362, while Vanuatu ranks 170th at $3,606.

Economic indicators

Russia Vanuatu
Gross domestic product
$2.56T
2025
$1.35B
2025
GDP rank
8/197
2025
185/197
2025
GDP growth
1%
2024-2025
3.05%
2024-2025
GDP per capita
$17,847
2025
$4,039
2025
GDP per capita rank
68/197
2025
133/197
2025
GDP per capita, PPP
$47,362
2024
$3,606
2024
GDP per capita PPP rank
50/197
2024
170/197
2024
Government debt
$440B
2025
$554M
2025
Debt-to-GDP ratio
17.2%
2025
40.9%
2025
Government debt per person
$3,068
2025
$1,654
2025
Government debt per person rank
105/185
2025
125/185
2025
Average annual personal income after taxes
$11,183
2026
$2,801
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
24.7%
2019
Income share by poorest 10%
3.1%
2023
3%
2019
Government expenditure, % of GDP
39.1%
2025
35.5%
2025
Consumer prices inflation
8.7%
2024-2025
0.66%
2024-2025
Central bank interest rate
14.5%
2026
n/a
Unemployment rate
2.13%
2025
1.41%
2025
Population
142643173
346488

Spending and national debt comparison by year

Russia
Spending

Debt
Vanuatu
Spending

Debt
1x
Year % of GDP
Russia Vanuatu
Government spending Government debt Government spending Government debt
2025 39.1% 17.2% 35.5% 40.9%
2024 36.7% 14.8% 33.1% 39.1%
2023 36.1% 15.2% 38.9% 39.2%
2022 35.1% 15.1% 38.5% 39.2%
2021 34.9% 16.5% 38.6% 42.2%
2020 39.2% 19.2% 38.8% 42.9%
2019 33.8% 13.7% 35.1% 39.8%
2018 32.6% 13.6% 29.4% 40%
2017 34.8% 14.3% 32.7% 46.4%
2016 36.6% 14.8% 31.2% 37.6%
2015 35.3% 15.3% 38.1% 32.2%
2014 34.9% 15.1% 20.5% 17.8%
2013 34.7% 12.3% 20.1% 16.4%
2012 34% 11.2% 22.1% 17.4%
2011 33.3% 10.3% 22.7% 19.3%
2010 35.5% 10.1% 25.6% 18.3%
2009 38.6% 9.92% 24.9% 19.1%
2008 32% 7.45% 25.1% 19.2%
2007 31.9% 8.03% 20.3% 17.6%
2006 29% 9.8% 18.2% 20%
2005 29.5% 14.9% 16.5% 23.8%
2004 29.6% 20.8% 16.7% 27.5%
2003 32.6% 28.3% 17% 34.6%
2002 33.8% 37.6% 20.2% 35.1%
2001 31.5% 44.4% 20.2% 33.5%
2000 30.7% 55.9% 23% 32.6%
1999 34.3% 92.4% 21.6% 27.7%
1998 39.7% 135.2% 25.2% 25.4%
1997 - 51.5% 20.1% 20.7%
1996 - 51.9% 22.1% 20.8%
1995 - 53.7% 25.3% 21.8%
1994 - 63.5% 22% 19.5%
1993 - 92.4% 23.7% 18.3%
1992 - 116% 28.8% 19%
1991 - - 30% 14.4%

Data sources: International Monetary Fund (IMF) | Fiscal Monitor (1991–2025, retrieved 2026-07-08); International Monetary Fund (IMF) | Public Finances in Modern History (1992–1996, retrieved 2026-07-08).

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

In 2025, Russia's government spending was $1T, accounting for 39.1% of its GDP, while Vanuatu spent $480M, or 35.5% of GDP.

Debt-to-GDP ratio is 17.2% in Russia and 40.9% in Vanuatu, ranking 175/185 and 131/185, respectively.

Government deficit by year

Deficit/surplus
Russia

Vanuatu
1x
Year Deficit/surplus, % of GDP
Russia Vanuatu
2025 -3.9% -3.88%
2024 -1.59% -2.46%
2023 -2.24% -0.78%
2022 -1.34% -5.96%
2021 0.78% 2.07%
2020 -3.99% -1.74%
2019 1.93% 2.48%
2018 2.92% 5.53%
2017 -1.47% -1.06%
2016 -3.67% -0.64%
2015 -3.39% -8.13%
2014 -1.07% 1.26%
2013 -1.16% -0.22%
2012 0.38% -1.54%
2011 1.43% -1.98%
2010 -3.19% -2.38%
2009 -5.89% -0.76%
2008 4.55% -0.04%
2007 5.59% 0.25%
2006 7.8% 0.44%
2005 7.6% 1.68%
2004 4.57% 0.72%
2003 1.35% -1.22%
2002 0.67% -3.29%
2001 2.99% -3.01%
2000 3.11% -5.67%
1999 -3.59% -0.5%
1998 -7.42% -6.01%
1997 - -0.46%
1996 - -1.61%
1995 - -2.34%
1994 - -1.35%
1993 - -3.32%
1992 - -2.1%
1991 - -2.54%
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/vanuatu | 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 Vanuatu's deficit of $52.6M, or 3.88% of GDP.

Over the past 28 years, Russia recorded a fiscal deficit in 14 of those years, while Vanuatu ran a deficit in 20 years. On average, Russia posted an annual surplus equal to 0.06% of GDP, compared to deficit of 1.31% of GDP for Vanuatu.

Inflation comparison by year

Inflation
Russia

Vanuatu
1x
Year Consumer prices inflation
Russia Vanuatu
2025 8.7% 0.66%
2024 8.4% 1.14%
2023 5.9% 11.2%
2022 13.7% 6.68%
2021 6.7% 2.34%
2020 3.4% 5.33%
2019 4.5% 2.76%
2018 2.9% 2.33%
2017 3.7% 3.08%
2016 7% 0.84%
2015 15.5% 2.48%
2014 7.8% 0.8%
2013 6.8% 1.46%
2012 5.1% 1.35%
2011 8.4% 0.87%
2010 6.8% 2.76%
2009 11.6% 4.3%
2008 14.1% 4.84%
2007 9% 3.94%
2006 9.7% 2.04%
2005 12.7% 1.2%
2004 10.9% 1.42%
2003 13.7% 3.02%
2002 15.8% 1.96%
2001 21.5% 3.58%
2000 20.8% 2.54%
1999 85.7% 2%
1998 27.7% 3.28%
1997 14.8% 2.83%

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/vanuatu | CC BY

Over the past 29 years, Russia has recorded an average annual inflation rate of 13.2%, compared with 2.86% in Vanuatu. In 2025, inflation was 8.7% in Russia and 0.66% in Vanuatu.

Top exports between countries

Russia
Export category Export value
Transport & tourism services $600K
IT & IP services $141K
Business & finance services $61K
Vanuatu
Export category Export value

Balance of trade

Russia Vanuatu
Current account balance
$43.1B
2025
-$127M
2022
Current account balance ranking
14/190
2025
83/190
2022
Current account balance, % of GDP
+1.68%
2025
-11.1%
2022
Goods imports
$305B
2025
$350M
2022
Goods exports
$422B
2025
$73.6M
2022
Service imports
$94.8B
2025
$230M
2022
Service exports
$46.3B
2025
$78.5M
2022
Imports of goods and services, % of GDP
15.5%
2025
48%
2024
Exports of goods and services, % of GDP
18.2%
2025
25.3%
2024

Economic freedom indices

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

Russia Vanuatu
Economic freedom 50.3 61.1
Economic freedom ranking 161/197 92/197
Property rights 18.6 62.1
Government integrity 22.8 48.3
Judicial effectiveness 22.8 67.9
Tax burden 81.9 96.9
Government spending 61.3 48.1
Fiscal health 94.4 78.8
Business freedom 51.4 50.3
Labor freedom 59.1 41
Monetary freedom 61.8 72.1
Trade freedom 69.4 62
Investment freedom 30 65
Financial freedom 30 40

Economic freedom comparison by year

Russia
Vanuatu
1x
Year Economic freedom index
Russia Vanuatu
2026 50.3 61.1
2025 51.6 61.8
2024 52 62.2
2023 53.8 62.1
2022 56.1 62.9
2021 61.5 60.5
2020 61 60.7
2019 58.9 56.4
2018 58.2 69.5
2017 57.1 67.4
2016 50.6 60.8
2015 52.1 61.1
2014 51.9 59.5
2013 51.1 56.6
2012 50.5 56.6
2011 50.5 56.7
2010 50.3 56.4
2009 50.8 58.4
2008 49.8 -
2007 52.2 -
2006 52.4 -
2005 51.3 -
2004 52.8 -
2003 50.8 -
2002 48.7 -
2001 49.8 -
2000 51.8 -
1999 54.5 -
1998 52.8 -
1997 48.6 -
1996 51.6 -
1995 51.1 -

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

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

The Economic Freedom Index for Russia is 50.3, ranking 161/197, compared to 61.1 for Vanuatu, ranking 92/197. The chart above displays a comparison of annual changes in economic freedom indexes.

Other economic metrics

Russia Vanuatu
Services, % of GDP
58.9%
2025
56.8%
2024
Industry, % of GDP
29.7%
2025
10.1%
2024
Agriculture, forestry, and fishing, % of GDP
3.06%
2025
26.6%
2024
GNI, Atlas method
$2.33T
2025
$1.48B
2025
GNI per capita, PPP
$49,220
2025
$4,970
2025
Total reserves including gold
$608B
2024
$615M
2024
Total reserves ranking
6/177
2024
152/177
2024
Net foreign direct investment
-$12.4B
2025
-$9.21M
2022
Net inflows of foreign direct investment
-$9.35B
2024
$28.9M
2024
Net outflows of foreign direct investment
-$170M
2024
$2.79M
2024
Servicing debt to the IMF, % of GNI
2.63%
2024
1.88%
2024
Poverty at national poverty lines
7.2%
2024
15.9%
2020
Gross capital formation, % of GDP
25.9%
2025
26.1%
2024

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/vanuatu | CC BY

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Data sources:

  1. World Bank | Economy & Growth (1979–2025, 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 (1885–1996, 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 (2018–2021, 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.