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Economy of Russia vs Yemen compared: GDP & Debt

Updated on by Georank team

Russia has a GDP of $2.17T compared to $21.6B for Yemen, ranking 11/197 and 125/197 by economy size, respectively.

Russia has $440B in government debt (20.3% of GDP), compared to $18.8B (70.9% of GDP) in Yemen.

Russia vs Yemen GDP by year

Russia
Yemen
1x
Year GDP, current $
Russia Yemen
2024 $2,173,835,806,672 -
2023 $2,071,505,725,031 -
2022 $2,291,612,121,335 -
2021 $1,829,186,719,575 -
2020 $1,493,075,894,362 -
2019 $1,693,115,002,708 -
2018 $1,657,328,773,461 $21,606,160,663
2017 $1,574,199,360,089 $26,842,229,045
2016 $1,276,786,350,881 $31,317,825,274
2015 $1,363,482,182,198 $42,444,490,074
2014 $2,059,241,589,895 $43,228,585,321
2013 $2,292,470,078,346 $40,415,233,436
2012 $2,208,293,553,878 $35,401,331,610
2011 $2,045,922,753,398 $32,726,417,878
2010 $1,524,916,715,224 $30,906,749,533
2009 $1,222,645,900,056 $25,130,278,213
2008 $1,660,848,058,303 $26,910,855,807
2007 $1,299,703,478,482 $21,650,528,674
2006 $989,932,071,353 $19,063,143,370
2005 $764,015,973,481 $16,731,566,717
2004 $591,016,690,732 $13,867,634,371
2003 $430,347,420,185 $11,777,532,662
2002 $345,470,494,418 $10,693,430,511
2001 $306,602,070,621 $9,852,990,693
2000 $259,710,142,197 $9,679,316,770
1999 $195,907,128,351 $7,639,325,296
1998 $270,955,486,862 $6,322,175,566
1997 $404,928,954,192 $6,838,298,531
1996 $391,724,890,744 $6,496,163,616
1995 $395,537,185,735 $12,796,345,679
1994 $395,077,301,248 $28,019,483,764
1993 $435,083,713,851 $21,736,802,664
1992 $460,290,556,901 $17,959,367,194
1991 $517,962,962,963 $14,665,445,462
1990 $517,014,446,228 $12,643,821,569
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/yemen | CC BY

GDP per capita in Russia vs Yemen by year

Russia
GDP per capita

GDP per capita, PPP
Yemen
GDP per capita

GDP per capita, PPP
1x
Year Current $
Russia Yemen
GDP per capita GDP per capita, PPP GDP per capita GDP per capita, PPP
2024 $15,145 $47,405 - -
2023 $14,403 $44,269 - -
2022 $15,888 $40,939 - -
2021 $12,637 $38,638 - -
2020 $10,280 $31,491 - -
2019 $11,640 $30,964 - -
2018 $11,399 $28,629 $634 -
2017 $10,835 $25,778 $811 -
2016 $8,804 $24,012 $975 -
2015 $9,427 $23,994 $1,362 -
2014 $14,277 $25,688 $1,430 -
2013 $15,941 $26,020 $1,379 $3,164
2012 $15,402 $24,274 $1,245 $3,005
2011 $14,305 $22,790 $1,186 $3,113
2010 $10,675 $20,490 $1,155 $3,603
2009 $8,563 $19,390 $969 $3,411
2008 $11,635 $20,164 $1,072 $3,370
2007 $9,101 $16,648 $890 $3,294
2006 $6,920 $14,912 $810 $3,205
2005 $5,323 $11,822 $734 $3,113
2004 $4,102 $10,227 $628 $2,949
2003 $2,975 $9,255 $549 $2,844
2002 $2,378 $8,037 $513 $2,768
2001 $2,100 $7,361 $487 $2,702
2000 $1,772 $6,825 $493 $2,624
1999 $1,331 $5,914 $401 $2,492
1998 $1,835 $5,465 $343 $2,442
1997 $2,738 $5,700 $383 $2,351
1996 $2,644 $5,518 $375 $2,268
1995 $2,666 $5,613 $764 $2,201
1994 $2,662 $5,734 $1,735 $2,115
1993 $2,931 $6,420 $1,397 $2,013
1992 $3,099 $6,862 $1,198 $1,963
1991 $3,490 $7,858 $1,016 $1,843
1990 $3,494 $8,028 $910 $1,742
1989 $3,430 - - -
1988 $3,778 - - -

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

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

Russia's GDP per capita is $15,145, ranking 68/197, compared to $634 in Yemen, ranking 191/197. Adjusted for purchasing power (GDP per capita PPP), Russia ranks 50th at $47,405, while Yemen ranks 178th at $3,164.

Economic indicators

Russia Yemen
Gross domestic product
$2.17T
2024
$21.6B
2018
GDP rank
11/197
2024
125/197
2018
GDP growth
4.34%
2023-2024
0.75%
2017-2018
GDP per capita
$15,145
2024
$634
2018
GDP per capita rank
68/197
2024
191/197
2018
GDP per capita, PPP
$47,405
2024
$3,164
2013
GDP per capita PPP rank
50/197
2024
178/197
2013
Government debt
$440B
2024
$18.8B
2018
Debt-to-GDP ratio
20.3%
2024
70.9%
2024
Government debt per person
$3,067
2024
$551
2018
Government debt per person rank
98/185
2024
165/185
2018
Average annual personal income after taxes
$10,464
2026
$1,127
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
29.4%
2014
Income share by poorest 10%
3.1%
2023
3%
2014
Government expenditure, % of GDP
36.9%
2024
8.91%
2024
Consumer prices inflation
8.4%
2023-2024
33.9%
2023-2024
Central bank interest rate
16%
2025
n/a
Unemployment rate
2.43%
2024
13.5%
2014
Population
141906741
43325643

Spending and national debt comparison by year

Russia
Spending

Debt
Yemen
Spending

Debt
1x
Year % of GDP
Russia Yemen
Government spending Government debt Government spending Government debt
2024 36.9% 20.3% 8.91% 70.9%
2023 35.7% 19.5% 11.8% 77.9%
2022 35.2% 18.5% 12.2% 65.3%
2021 34.9% 16.5% 8.22% 75.9%
2020 39.2% 19.2% 10.6% 87%
2019 33.8% 13.7% 13.2% 91.5%
2018 32.6% 13.6% 14.3% 86.9%
2017 34.8% 14.3% 8.39% 83.8%
2016 36.6% 14.8% 16.1% 76.5%
2015 35.3% 15.3% 19.4% 57.7%
2014 34.9% 15.1% 27.8% 48.9%
2013 34.7% 12.3% 30.8% 48.4%
2012 34% 11.2% 36.2% 47.6%
2011 33.3% 10.3% 29.8% 45.7%
2010 35.5% 10.1% 30.2% 42.4%
2009 38.6% 9.92% 35.2% 49.8%
2008 32% 7.45% 41.2% 36.4%
2007 31.9% 8.03% 40.3% 40.4%
2006 29% 9.8% 37.4% 40.8%
2005 29.5% 14.9% 36.8% 43.8%
2004 29.6% 20.8% 34.2% 52.1%
2003 32.6% 28.3% 35.3% 56.8%
2002 33.8% 37.6% 30.8% 57.8%
2001 31.5% 44.4% 30.5% 60.6%
2000 30.7% 55.9% 31.7% 60.8%
1999 34.3% 92.4% 28.2% 96.1%
1998 39.7% 135.2% 34.3% 110.6%
1997 - 51.5% 34.2% 74.2%
1996 - 51.9% 30.7% 114.9%
1995 - 53.7% 24.1% 84.1%
1994 - 63.5% 25.2% 73.3%
1993 - 92.4% 25.8% 76.7%
1992 - 116% 24.6% 78%
1991 - - 24.7% 82.7%
1990 - - 26.6% 91.6%

Data sources: International Monetary Fund (IMF) | Fiscal Monitor (1990–2024, retrieved 2026-02-20); International Monetary Fund (IMF) | Public Finances in Modern History (1990–1998, retrieved 2026-02-20).

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

In 2024, Russia's government spending was $802B, accounting for 36.9% of its GDP, while Yemen spent $3.08B, or 8.91% of GDP.

Debt-to-GDP ratio is 20.3% in Russia and 70.9% in Yemen, ranking 175/185 and 55/185, respectively.

Government deficit by year

Deficit/surplus
Russia

Yemen
1x
Year Deficit/surplus, % of GDP
Russia Yemen
2024 -1.6% -2.48%
2023 -2.22% -5.63%
2022 -1.34% -2.15%
2021 0.78% -0.89%
2020 -3.99% -4.3%
2019 1.93% -5.89%
2018 2.92% -7.85%
2017 -1.47% -4.9%
2016 -3.67% -8.51%
2015 -3.39% -8.75%
2014 -1.07% -4.14%
2013 -1.16% -6.9%
2012 0.38% -6.32%
2011 1.43% -4.51%
2010 -3.19% -4.06%
2009 -5.89% -10.2%
2008 4.55% -4.53%
2007 5.59% -7.18%
2006 7.8% 1.19%
2005 7.6% -1.82%
2004 4.57% -2.15%
2003 1.35% -4.2%
2002 0.67% -0.56%
2001 2.99% 2.79%
2000 3.11% 6.09%
1999 -3.59% 0.06%
1998 -7.42% -7.77%
1997 - -1.5%
1996 - -0.92%
1995 - -5.74%
1994 - -14%
1993 - -12.8%
1992 - -10.9%
1991 - -5.76%
1990 - -10.3%
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 (1990–2024, retrieved 2026-02-20); International Monetary Fund (IMF) | Public Finances in Modern History (1885–1940, retrieved 2026-02-20).

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

In 2018, Russia's government surplus, the difference between spending and revenue, was $48.4B, equivalent to 2.92% of GDP. This compares to Yemen's deficit of $1.7B, or 7.85% of GDP.

Over the past 21 years, Russia recorded a fiscal deficit in 9 of those years, while Yemen ran a deficit in 17 years. On average, Russia posted an annual surplus equal to 0.58% of GDP, compared to deficit of 4.01% of GDP for Yemen.

Inflation comparison by year

Inflation
Russia

Yemen
1x
Year Consumer prices inflation
Russia Yemen
2024 8.4% 33.9%
2023 5.9% 0.9%
2022 13.7% 29.5%
2021 6.7% 31.5%
2020 3.4% 21.7%
2019 4.5% 15.7%
2018 2.9% 33.6%
2017 3.7% 30.4%
2016 7% 21.3%
2015 15.5% 22%
2014 7.8% 8.2%
2013 6.8% 11%
2012 5.1% 9.9%
2011 8.4% 19.5%
2010 6.8% 11.2%
2009 11.6% 3.7%
2008 14.1% 19%
2007 9% 7.9%
2006 9.7% 10.8%
2005 12.7% 9.9%
2004 10.9% 12.5%
2003 13.7% 10.8%
2002 15.8% 12.2%
2001 21.5% 11.9%
2000 20.8% 11%
1999 85.7% 7.9%
1998 27.7% 11.5%
1997 14.8% 4.6%

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

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

Over the past 28 years, Russia has recorded an average annual inflation rate of 13.4%, compared with 15.5% in Yemen. In 2024, inflation was 8.4% in Russia and 33.9% in Yemen.

Top exports between countries

Russia
Export category Export value
Raw agricultural goods $156M
Wood & paper products $33.8M
Raw materials & minerals $32.6M
Machinery & equipment $6.46M
Processed food, beverages & tobacco $3.54M
Manufacturing & construction services $1.6M
Chemicals & pharma $789K
Textiles & consumer goods $755K
Transport & tourism services $613K
Business & finance services $49K
Yemen
Export category Export value

Balance of trade

Russia Yemen
Current account balance
$63.4B
2024
-$2.42B
2016
Current account balance ranking
12/190
2024
148/190
2016
Current account balance, % of GDP
+2.91%
2024
-7.72%
2016
Goods imports
$302B
2024
$6.8B
2016
Goods exports
$434B
2024
$473M
2016
Service imports
$81.5B
2024
$1.46B
2016
Service exports
$43.1B
2024
$466M
2016
Imports of goods and services, % of GDP
17.6%
2024
47.3%
2018
Exports of goods and services, % of GDP
21.9%
2024
8.76%
2018

Economic freedom indices

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

Russia Yemen
Economic freedom 50.3 53.7
Economic freedom ranking 161/197 138/197
Property rights 18.6 3.5
Government integrity 22.8 6.2
Judicial effectiveness 22.8 9.9
Tax burden 81.9 93.7
Government spending 61.3 0
Fiscal health 94.4 71.2
Business freedom 51.4 31.3
Labor freedom 59.1 31.2
Monetary freedom 61.8 48.1
Trade freedom 69.4 67.4
Investment freedom 30 50
Financial freedom 30 30

Economic freedom comparison by year

Russia
Yemen
1x
Year Economic freedom index
Russia Yemen
2026 50.3 -
2025 51.6 -
2024 52 -
2023 53.8 -
2022 56.1 -
2021 61.5 -
2020 61 -
2019 58.9 -
2018 58.2 -
2017 57.1 -
2016 50.6 -
2015 52.1 53.7
2014 51.9 55.5
2013 51.1 55.9
2012 50.5 55.3
2011 50.5 54.2
2010 50.3 54.4
2009 50.8 56.9
2008 49.8 53.8
2007 52.2 54.1
2006 52.4 52.6
2005 51.3 53.8
2004 52.8 50.5
2003 50.8 50.3
2002 48.7 48.6
2001 49.8 44.3
2000 51.8 44.5
1999 54.5 43.3
1998 52.8 46.1
1997 48.6 48.4
1996 51.6 49.6
1995 51.1 49.8

Data sources: The Heritage Foundation | Economic Freedom Index (1995–2026, retrieved 2026-03-09).

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

The Economic Freedom Index for Russia is 50.3, ranking 161/197, compared to 53.7 for Yemen, ranking 138/197. The chart above displays a comparison of annual changes in economic freedom indexes.

Other economic metrics

Russia Yemen
Services, % of GDP
57.5%
2024
41.8%
2018
Industry, % of GDP
30.7%
2024
25.4%
2018
Agriculture, forestry, and fishing, % of GDP
2.74%
2024
28.7%
2018
GNI, Atlas method
$2.24T
2024
$25.3B
2018
GNI per capita, PPP
$46,780
2024
$3,020
2013
Total reserves including gold
$597B
2023
$1.25B
2022
Total reserves ranking
6/177
2023
139/177
2022
Net foreign direct investment
$9.37B
2024
$15.4M
2015
Net inflows of foreign direct investment
-$9.35B
2024
-$371M
2019
Net outflows of foreign direct investment
-$170M
2024
$0
2024
Servicing debt to the IMF, % of GNI
2.65%
2024
0.53%
2018
Poverty at national poverty lines
12.1%
2020
48.6%
2014
Gross capital formation, % of GDP
26.3%
2024
6.18%
2018

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/yemen | 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 (1990–2024, retrieved 2026-02-20)
  3. International Monetary Fund (IMF) | Public Finances in Modern History (1885–1998, 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 (2020–2021, 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.