Russia in Numbers

Russia’s vast territory, unique geographical position and wealth of natural and cultural resources make it a major player in the global economy. The country has long been known for its natural resources, but it’s also investing heavily in high-tech industries, from IT and digital services to artificial intelligence and pharmaceuticals. Despite facing extensive sanctions in recent years, the Russian economy has remained resilient, although it’s undergoing significant structural changes. One of the most noticeable shifts is towards closer economic ties with countries in the East and Global South.

For Russian and Indian businesses, this presents considerable opportunities. India is becoming more than just an important export market for Russia. It’s also emerging as a key partner in joint ventures, manufacturing and industrial cooperation. The figures on Russia’s economy and trade with India show just how significant this relationship has become.

The Russian Economy

Around $2.5 trillion

Russia’s GDP at current exchange rates in 2025. Over the preceding three years, the economy grew by more than 10% in real terms.

Over $1.6 trillion

the combined revenue of Russia’s 500 largest companies. Businesses registered in Moscow alone generate more than $1 trillion in annual turnover.

$25.3 billion

foreign direct investment flowing into the Russian economy in 2025. Around 50% of this went to companies registered in Moscow.

Over 8 million

the number of registered business entities in Russia. Major sectors include mining, metallurgy, electric power, retail, transport, IT and banking.

$1,350

the average monthly salary in Russia in June 2026, converted at current exchange rates. The median monthly salary in 2025 was approximately $758.2.

2%

Russia’s unemployment rate in 2025, reflecting a very high level of employment among the economically active population.

25%

the proportion of Russians aged 15 and over who have completed higher education. Among employed people, more than 30% of men and over 40% of women hold a university degree.

Russia–India Relations

$68.7 billion

the value of trade between Russia and India in the 2025–2026 financial year. Bilateral trade has grown steadily in the years since the pandemic.

$100 billion

the bilateral trade target Russia and India aim to reach by 2030. The goal was agreed at the highest political level and reaffirmed within BRICS.

$63.8 billion

the value of Russian exports to India in 2025, with growth of more than 25% expected in 2026. India, meanwhile, exported just $4.9 billion worth of goods and services to Russia. That’s more than 13 times less than Russia’s exports to India, leaving considerable room for Indian businesses to expand their presence in the Russian market.

86%

the share of Russian exports going to countries Russia considers friendly in 2025. India is among its most important trading partners, accounting for roughly one in every six dollars Russia earns from foreign trade.

$50 billion

the target for mutual investment by 2030, officially announced by the Indian side in September 2026. Economic cooperation between the two countries is increasingly moving towards deeper investment partnerships.

Over 182,000

the number of Indian citizens who travelled to Russia in 2025, according to official figures. More than 101,000 Russians travelled to India over the same period. In the first half of 2026, travel between the two countries increased by a further 8%.

8 industries

identified as particularly promising for Russian-Indian businesses. These include pharmaceuticals, automotive components, electronics, IT, agriculture, power engineering and shipbuilding.

So how can a foreign company make the most of these opportunities and enter the Russian market? Having a reliable local partner can make the process much easier. SberIndia offers a dedicated service to help you find vetted business partners in Russia, with support from its team at every stage of the deal.